financial services
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News
Shuuku SACCO elects new leaders at 26th AGM
SHEEMA, March 25, 2025 – Stephen M. Bongonzya, the Vice-Chairperson of Uganda Cooperative Savings and Credit Union Limited [UCSCU], has been re-elected unopposed as the Board Chairperson of Shuuku SACCO for the…
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News
Boda Boda riders to form their own bank following initiative launch
KAMPALA, February 5, 2025 –– The United Boda Boda Cooperative Union recently launched the National Boda Boda Stage Development Model, an initiative designed to unlock the financial independence of the commercial riders…
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News
SACCOs urged to guard against loan defaulters as they seek expanding
SHEEMA, January 18, 2025 – – Savings and Credit Cooperative Societies [SACCOs] in Uganda are facing the growing challenge of loan defaults, according to Herbert Ahimbisibwe, the General Manager of Shuuku Credit…
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News
Katakwi SACCO inaugurates first board
KATAKWI, September 26, 2024 – The Akoboi Sub-county Savings and Credit Cooperative Society [ SACCO ] in Katakwi district has inaugurated its first board of directors, calling on its members to embrace…
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Cooperatives & Communities
Emyooga programme has helped to reduce crime – Tororo leaders
TORORO, June 23, 2024 – The crime rate in Tororo district has decreased due to the Emyooga programme, the district leaders say. They said the programme which has provided seed capital to…
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News
Equity Bank awarded for promoting financial literacy and inclusion
KAMPALA, June 4, 2024 -Equity Bank Uganda has been recognised and awarded for promoting financial literacy and inclusion in the country by the Uganda Financial Literacy Association [UFLA], an umbrella body that…
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News
ITFC signs multiple agreements with member countries, Uganda gets US$ 150mln
RIYADH, April 29, 2024 – The International Islamic Trade Finance Corporation [ ITFC ], a member of the Islamic Development Bank [IsDB] Group, commenced the first day of the 49th IsDB Group…
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Cooperatives & Communities
MADFA SACCO loan portfolio grows 39 percent
MASINDI, March 22, 2024 – Masindi District Farmers Association savings and Credit Cooperative Society Limited [ MADFA SACCO ] registered an increase in loan portfolio from Shs 3.5 billion in 2022 to…
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Cooperatives & Communities
Coop3600 Innovations Award ignites competitiveness in Uganda’s cooperative sector
KAMPALA, March 16, 2024 –In a bustling atmosphere filled with anticipation and cooperative spirit,The Uhuru Institute for Social Development [TUI], together with her partners for the Coop3600 Innovations Award, hosted a riveting…
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Cooperatives & Communities
WOCCU: 2024 Digital Growth Award nominations open
MADISON, Wis., January 14, 2024 —Nominations are open for World Council of Credit Unions’ [ WOCCU] 2024 Digital Growth Award, which will recognise one or more member credit union associations or individual…
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