Loans
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Cooperatives & Communities
MP Ogwal pledges more financial support for Dokolo VSLAs
DOKOLO-The Dokolo district Woman Member of Parliament, Cecilia Atim Ogwal has pledged to continue rendering financial support to the Village Savings and Loan Associations [VSLAs] in the district so that they are…
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East Africa
SACCO members, officials face off over savings
NAIROBI-It took the intervention of the police to calm the ugly situation as Members of B -Smart Sacco Limited in Nairobi City stormed the offices of the Sacco days ago, demanding that…
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News
Kwania youth yet to take full advantage of YLP
KWANIA-Authorities of Aduku Town Council in Kwania district are not happy with the youth for doing little to benefit from the Youth Livelihood Programme [YLP]. In 2014, government through the Ministry of…
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Cooperatives & Communities
Gulu association raids members over failure to pay loans
GULU-Leaders of Gulu Disabled Persons Union [GDPU] have raided members who have failed to meet their loan obligations. The culprits have had their fabrication workshops, and sewing machines taken over by the…
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Cooperatives & Communities
BoU tasked to explain sale of Cooperative Bank assets
KAMPALA-The Office of the Solicitor General has asked the Bank of Uganda [ BoU ] to explain the process regarding the sale of assets belonging to the defunct Cooperative Bank established in…
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Finance & Banking
Standard Chartered launches ‘Dream Big Employee Banking campaign’
KAMPALA– Standard Chartered Bank Uganda has today launched an employee banking campaign dubbed “Dream Big with Standard Chartered Bank.” According to the bank’s officials, the campaign which will run until March 31,…
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News
Vendors lose millions as fire guts Kitagwenda market
KITAGWENDA: Vendors who have been operating from Kitagwenda central market in Kitagwenda town council are crying foul after the market caught fire burning all their goods to ashes. The fire that gutted…
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Cooperatives & Communities
Apac boda boda operators lose motorcycles to creditors
APAC-Some of the boda boda operators in Apac Municipality under the umbrella of Apac Boda-Boda Service Association [ABSA] have become jobless after lenders impounded the motorcycles they were riding to earn a…
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Cooperatives & Communities
Keep saving with Wazalendo SACCO, general tips UPDF retirees
MBARARA – Maj. Gen. Francis Takirwa, the deputy commander Land Forces in Uganda People’s Defence Forces [UPDF], has appealed to the retirees of the Force to keep saving with Wazalendo SACCO [WSACCO],…
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Finance & Banking
Commercial banks continue to raise lending rates
In line with the tight monetary policy stance, lending rates in Uganda have exhibited an upward trend with commercial banks raising their prime lending rates by one percentage point on average, according…
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