Finance
-
Cooperatives & Communities
New Sacco to give out Cheap loans in Hoima
The newly launched KASSOBA SACCO is on course to open with offers of cheap loans to members of Kabalega Secondary School Old Boys Association (KASSOBA). The official launch was on April 3…
Read More » -
Cooperatives & Communities
Long-dormant sacco in Masindi bounces back
A long-dormant savings and cooperative credit society has been revived. The Masindi Savings and Cooperative Credit Society Limited has been revived by members after a two-year lull. The SACCO membership comprises mainly…
Read More » -
Cooperatives & Communities
Cooperative slashes fees to attract new members
To shore up its numbers, Lira Diocese Multipurpose Cooperative Society Limited has slashed its membership fee from Shs 50,000 to Shs 30,000 to encourage registration of new members with minimal fees. In…
Read More » -
Cooperatives & Communities
Hoima leaders locked in fight over cooperative union
Even before it gets off the paper, a plan by businessman Abdu Mariki Mugisa to form Bunyoro farmer’s Cooperative has drawn strong opposition largely from leaders in the western district of Hoima…
Read More » -
Cooperatives & Communities
Masindi Teachers’ SACCO grapples with 40% account dormancy
Masindi Teachers’ SACCO is facing a challenge of 237 dormant accounts (close to 40% of the total), a situation the SACCO’s Chairperson says affects them significantly. Isaac Mugaanzi, the Board Chairperson for…
Read More » -
Cooperatives & Communities
Apac: Shs 40 bn Aquaculture Project stalls over land row
The construction of dams in Apac district under the Aquaculture project has stalled, and the site been abandoned by contractors as locals bicker over land compensation, theCooperator has learned. In 2018, residents…
Read More » -
Cooperatives & Communities
Kwania district to train Emyooga beneficiaries
District officials in Kwania district have pledged to offer some training in financial management to beneficiaries of the recently released Presidential Initiative on Job and Wealth Creation (Emyooga) funds. After a long…
Read More » -
Cooperatives & Communities
Market vendors tipped on SACCO formation
Hoima oil-City authorities have challenged vendors operating in different markets in the area to form Saving and Credit Co-operative Societies (SACCOs) as one way of improving their economic status. This call was…
Read More » -
Nebbi journalists’ association gets Shs 30m Emyooga funds
The fraternity of journalists in the greater Nebbi districts, under their umbrella, Nebbi-Zombo Media Association (NEZOMA) SACCO, has received Shs 30m in seed capital under Emyooga. Emyooga is a government initiative aimed…
Read More » -
Cooperatives & Communities
North Kyoga Police warns against new SACCO scam
Police in North Kyoga Region has cautioned the public about a recent scam that specifically targets SACCOs and warned people against giving their money to individuals they do not know personally if…
Read More »