Loans
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Cooperatives & Communities
Tayebwa urges Parliamentary SACCO to start own bank
The Deputy Speaker of Parliament, Thomas Tayebwa has advised the leaders of the Parliamentary SACCO to establish their own bank in order to serve the wider public. Tayebwa who was presiding over…
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Cooperatives & Communities
Minister tips boda boda riders on saving culture
SOROTI, November 7, 2023 -Members of Boda Boda Emyooga SACCO in Soroti City have been urged to save if they want to create a strong capital base for their SACCO. The advice…
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Cooperatives & Communities
Kasese health workers form SACCO for financial empowerment
KASESE, November 7, 2023 – Health workers in Kasese district have formed a Savings and Credit Cooperative Organisation [SACCO], saying it will empower them financially. The members said their new SACCO which…
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Cooperatives & Communities
TZ SACCOs urged to join national union
MWANZA, October 2, 2023 – Mwanza Regional Administrative Secretary, Elikana Balandya has called on Savings and Credit Cooperative Organisations [SACCOs] to join the Union of Savings and Credit Cooperative Societies in Tanzania…
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Cooperatives & Communities
Amolatar fish traders seek financial help to boost business
AMOLATAR, October 27, 2023 – The leadership of Juba Fish Traders Association at Namasale landing site in Amolatar district in Northern Uganda is soliciting financial support to boost their fish business. The…
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Cooperatives & Communities
SACCO leaders urged to intensify member training
MBARARA, October 23, 2023 – Officials running Savings and Credit Cooperative Societies [SACCOs] in western Uganda have been encouraged to train their members regularly so that they appreciate the business model of…
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Northern
BoU injects Shs 800bln in agriculture
LIRA, October 21, 2023 – The Bank of Uganda [ BoU ] has so far disbursed Shs 800 billion to farmers in the country under the Agricultural Credit Facility [ACF] introduced by…
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Cooperatives & Communities
VSLAs improving livelihoods of locals in Amolatar
AMOLATAR, October 18, 2023 – The Village Savings and Loans Associations [ VSLAs ] have improved the livelihoods of the beneficiaries in Amolatar district. According to officials, there are over 600 VSLAs…
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National
Banking sector remains resilient despite weak economic growth
KAMPALA, October 17, 2023 – The Ugandan banking sector remained resilient despite weak economic growth prospects, heightened inflation, and elevated geopolitical tensions, says the Bank of Uganda [BoU] in its Annual Report…
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Cooperatives & Communities
MSC to have reference SACCO in every district
HOIMA, October 16, 2023 – Emmanuel Aliba Kiiza, the chairperson for Microfinance Support Centre [ MSC ] has said the government agency will soon launch a reference SACCO in each district of…
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