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Stanbic posts Shs 355 billion gross profit in first half of 2025, but dividend remains unchanged
KAMPALA, August 18, 2025 – Stanbic Uganda Holdings Limited [SUHL] has released its financial results for the first half of 2025, reaffirming its strategic commitment to supporting Uganda’s economic development and fiscal…
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Teso farmers struggling to access Agricultural Credit Facility
SOROTI, August 6, 2025 –– Farmers in the Teso Subregion in eastern Uganda are facing difficulties accessing the Agricultural Credit Facility [ACF], which was established to help boost agricultural production. The ACF…
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Sheema SACCO innovates to mitigate climate change
SHEEMA, August 6, 2025 –– Kigarama People’s SACCO has taken bold and innovative steps to address the impact of climate change. Based in Sheema district, the financial institution has launched a Water,…
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PDM beneficiaries in Lira told: “It is time to pay back the loans”
LIRA, August 5, 2025 – As the period for political campaigns in Uganda opens up, officials from the Lira District Local Government have launched a sensitisation drive aimed at urging beneficiaries of…
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Private sector credit growth remains flat as lending rates rise – report
KAMPALA, July 27, 2025 — Growth in Uganda’s private sector credit remained largely subdued between April and May 2025, even as lending rates edged higher, according to the Performance of the Economy…
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Over 50 SACCOs face auction over Ksh 1.36bln in unpaid KUSCCO loans
NAIROBI, July 24, 2025 — At least 58 Savings and Credit Cooperatives [SACCOs] across Kenya are at risk of losing their assets through auction after defaulting on loans totaling Ksh 1.36 billion…
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WSACCO empowers UPDF soldiers in Somalia with financial literacy
KAMPALA, June 19, 2025 —Wazalendo Savings and Credit Cooperative Society [WSACCO] has launched a financial literacy and empowerment campaign targeting Uganda Peoples’ Defence Forces [UPDF] troops deployed in Somalia under the United…
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Speaker Among urges government to include local leaders in PDM to enhance effectiveness
SHEEMA MUNICIPALITY –– The Speaker of Parliament, Anita Among, recently urged government to include local leaders in the implementation of the Parish Development Model [PDM], in order to improve its monitoring and effectiveness…
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Kenya’s Prime Time SACCO joins billionaires’ club
ITEN, May 23, 2025 – – Prime Time SACCO has recorded a strong performance for the 2024 financial year, crossing the KSh 1 billion asset mark and officially joining Kenya’s “billionaires’ club”.…
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Dokolo Emyooga SACCO approves share purchase to boost capital base
DOKOLO, May 21, 2025 –– Leaders and members of the Dokolo North Welders Emyooga SACCO in Dokolo district have passed a resolution requiring each member to purchase a minimum of three shares…
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