financial services
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UCSCU refutes reports on SACCO registration with Bank of Uganda
KAMPALA, November 10, 2025 — The Uganda Cooperative Savings and Credit Union [ UCSCU ] has dismissed reports suggesting that Savings and Credit Cooperative Organisations [SACCOs] have been ordered to register with…
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Nakaseke dairy farmers harness solar energy to boost production
NAKASEKE, October 23, 2025 – Dairy farmers in Ngoma Sub-county, Nakaseke district, have embraced smart production techniques by adopting solar-powered equipment to boost milk output. The shift follows years of inconsistent production…
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Apac fishermen urged to formalise operations for financial support
APAC, September 1, 2025 — The Apac District Fisheries Department has urged fishermen operating across various landing sites in the district to formalise their businesses by joining organised entities, to enhance their…
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Sebei Farmers SACCO embraces technology to serve members better
KAPCHORWA, August 28, 2025 – Established in 2015, Sebei Farmers Savings and Credit Cooperative Organisation [Sebei Farmers SACCO] in the Kapchorwa district has been empowering over 5,000 active members by offering accessible…
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Equity Bank courts Ugandans in South Africa with tailored financial services
JOHANNESBURG, August 9, 2025 – One of Uganda’s top commercial banks, Equity Bank Uganda has launched a suite of financial services specifically designed for Ugandans living in South Africa, focusing on diaspora…
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New law to require bankers to hold professional practising licence
KAMPALA, August 3, 2025 –– The Government of Uganda plans to table a new bill in Parliament that will require all practising bankers in the country to hold a professional practising licence.…
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SACCO leaders convene to drive innovation and inclusive finance
FORT PORTAL CITY, June 25, 2025 –– In a bid to foster experience-sharing, innovation, and inclusive financing, the Uganda Cooperative Savings and Credit Union Limited [UCSCU] on Tuesday hosted the 4th Annual…
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Afreximbank Launches US$ 1 Billion Africa Film Fund To Transform The Continent’s Creative Industry
KIGALI, May 8, 2025 — African Export-Import Bank [ Afreximbank ] , through its development impact investment arm, the Fund for Export-Development in Africa [FEDA], has committed to spearhead the launch of…
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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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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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