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News
UPDF soldiers advised to plan wisely before taking loans
GULU, July 2, 2025 – – Soldiers under the Uganda People’s Defence Forces [UPDF] 4 Infantry Division have been urged to exercise careful financial planning and conduct market research before applying for…
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News
PDM SACCO leaders urged to prioritise vulnerable groups in disbursement of funds
AMURU, June 27, 2025 – Keith Akera Aggrey, the Secretary for Finance and Planning in Amuru District, has urged leaders of the Parish Development Model Saving and Credit Cooperative Organisations [ PDM…
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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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News
Bunyoro sugarcane farmers appeal to Museveni for Shs 50bln support
MASINDI, June 10, 2025 – Sugarcane farmers from the Bunyoro Sub-region have appealed to President Yoweri Museveni to capitalise their soon-to-be-established Savings and Credit Cooperative Organisation [SACCO] with a grant of Shs…
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News
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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News
Exodus SACCO honours outstanding members at 12th AGM
KAMPALA, May 14, 2025 –– Police Exodus SACCO has recognised Assistant Inspector General of Police [AIGP] and Director of Crime Intelligence, Christopher Damulira, for his outstanding efforts in mobilising police officers to…
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News
Court clears Kotido officials in Emyooga funds mismanagement case
KOTIDO, May 6, 2025 – The high-profile case involving the alleged mismanagement of Emyooga funds in Kotido district has ended in acquittal, after the prosecution failed to present any witnesses or substantive…
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News
Adjumani SACCO acquires tractors as total assets rise to Shs 18bln
ADJUMANI, May 1, 2025 –– Adjumani Town Council Cooperative Savings and Credit Society [SACCO] Ltd. has acquired three tractors valued at Shs 510 million. The purchase was made possible through Islamic financing…
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Cooperatives & Communities
Unlocking cross-border remittances: A new chapter for SACCOs in Kenya
NAIROBI, April 24, 2025: Kenya’s remittance market is growing rapidly, with inflows reaching nearly USD 5 billion in 2024, according to the Central Bank of Kenya [CBK]. However, while Savings and Credit Cooperative…
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News
PDM success in Otuke district attributed to digital system and positive mindset among beneficiaries
OTUKE, April 24, 2025 – The Commercial Officer of Otuke district, Charles Opio, has attributed the successful implementation of the Parish Development Model [PDM] in the district to the effective use of…
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