membership
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Western
NSSF targets informal sector to boost membership and savings
MBARARA – The National Social Security Fund [ NSSF ] newly appointed managing director, Patrick Ayota, in an ongoing campaign, has encouraged employers in the informal sector to register their employees with…
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Cooperatives & Communities
Masindi Teachers’ SACCO share capital grows
MASINDI– The share capital for Masindi Teachers’ SACCCO increased to Shs 65 million in 2022 from Shs 56mln in 2021, according to Joseph Rukundo, the outgoing SACCO chairperson. Rukundo disclosed the share…
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Cooperatives & Communities
Ikwera SACCO leaders in trouble as Shs 114mln disappears
KWANIA– Police in Kwania district are investigating leaders of Ikwera Savings and Cooperative Society [SACCO] following the mysterious loss of members’ savings worth Shs 114 million. The SACCO leaders are being accused…
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Cooperatives & Communities
Wazalendo SACCO opens cash branch in Mbarara City
MBARARA- The Uganda People’s Defence Forces [UPDF]’s Wazalendo Savings and Credit Cooperative Society Limited has opened a cash branch in Mbarara town to help its members access cash services in a conducive…
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Cooperatives & Communities
MTIC issues deadline for co-ops to validate registration status
KAMPALA-The Ministry of Trade, Industry and Cooperatives [MTIC] has issued a compliance notice to all cooperative societies in Uganda, requiring those whose probationary certificates are due to expire in three months or…
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Cooperatives & Communities
VP Alupo lauds West Ankole Jubilee SACCO for good performance
KAMPALA – Vice President, Jesca Alupo has attributed the growth of Uganda Savings and Cooperative Societies [SACCOs] in Uganda to a strong regulatory framework, good performance, and the growing saving culture among…
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Cooperatives & Communities
Masaka Emyooga beneficiaries laud govt for providing seed capital
MASAKA– Women, journalists and youth leaders of Emyooga SACCOs in Masaka City have praised the government-owned Microfinance Support Centre [MSC], saying the money received as seed capital from the agency to do…
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International
World Cooperative Monitor official launch slated for early December
LONDON-The International Cooperative Alliance [ICA] and Euricse on December 1, 2022, will hold a webinar to present the latest edition of the World Cooperative Monitor [WCM], which contains, in addition to the…
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Cooperatives & Communities
Ngora cooperative impacting communities through youth-led fish farming project
NGORA– At the beginning, it seemed like it was an ambitious project for the youth of Ngora District Farmers Multipurpose Cooperative Society as they presented their idea of fish farming during the…
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Cooperatives & Communities
1.18mln in Kenya halt sacco savings, says regulator
NAIROBI– Business Daily reports that over 1.18 million savers in Kenya last year stopped making monthly contributions to savings and credit cooperative societies [Saccos], suggesting a difficult recovery of the jobs market…
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