Loans
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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…
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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…
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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…
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Cooperatives & Communities
Nine SACCOs cleared to receive Emyooga funds in Masindi
Nine out of 54 SACCOs in Masindi district have been cleared to receive the long-awaited Emyooga cash, Moses Kalyegira, Masindi district’s Commercial Officer has revealed. Kalyegira says the nine, which hail from…
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Cooperatives & Communities
Oyam: Emyooga beneficiaries demand business skills training
Beneficiaries of the Presidential Initiative on Wealth and Job Creation in Oyam district are seeking business skills training to guarantee the success of the program. The demands from the groups came shortly…
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Cooperatives & Communities
Masindi Crime Preventers form SACCO
Crime preventers in Masindi district have formed a SACCO as one way of improving their economic status. According to Musa Kabalega, the Chairperson Tukurakuranize Saving and Credit Society Limited, they formed the…
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Cooperatives & Communities
One year later, Cooperatives struggling to emerge from COVID-induced slump
Almost a year after Uganda first imposed several restrictions aimed at combating the spread of COVID-19, many cooperatives are still struggling to get back to their feet despite being open for business…
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Cooperatives & Communities
Soroti city receives Emyooga funds
Savings and Credit Cooperatives-SACCOs in Soroti district have each received Shs 30m under the Presidential Initiative on Job and Wealth Creation, commonly known as Emyooga. The District Commercial Officer Soroti, George Tukei,…
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Cooperatives & Communities
Traders panic as construction of multi-billion Nebbi market nears
As the start date for construction of a multi-billion modern market in Nebbi municipality nears, traders in Nebbi main market have voiced concern about the effect this planned development will have on…
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Cooperatives & Communities
Local Govt PS urges LCs to embrace SACCOs
The Permanent Secretary, Ministry of Local Government, Ben Kumumanya, has challenged LC I and LC II Chairpersons in the Bunyoro sub-region to join Savings and Credit Cooperative Societies (SACCOs) to improve their…
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