Sacco
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Cooperatives & Communities
Amolatar receives Shs 4bln PDM funds
AMOLATAR-A total of 85 Parish Development Model SACCOs [PDM SACCOs] in Amolatar district have so far received Shs 4 billion released in the first and second quarter of the current financial year.…
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Cooperatives & Communities
Koboko United SACCO installs new board
KOBOKO – Koboko United SACCO Limited has appointed new members of the board into office and the team is expected to steer the SACCO to prosperity. The SACCO founded by the late…
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East Africa
Tabasamu SACCO storms billionaires’ club
NAIROBI-Tabasamu SACCO has crossed the one billion mark to join the league of billionaire SACCOs in Kenya, according to local news agencies that have reported on the financials of the microfinance institution.…
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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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East Africa
Imarika Sacco releases impressive financial statement
NAIROBI -Imarika SACCO defied a harsh business environment in 2022 to post growth, according to Kenyan news agencies. The growth was boosted by its asset base, which improved to Ksh 11.66 billion…
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Cooperatives & Communities
Mushanga SACCO board members re-elected at AGM
SHEEMA – The chairman of Mushanga SACCO, Gilvazio Bafaki alongside other former members of the board was last Saturday unanimously re-elected to serve for the second term of office, which takes four…
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Cooperatives & Communities
Fort Portal fish SACCO appeals to govt for hatchery
FORT PORTAL – Members of Fort Portal North Division Fisheries Omwooga SACCO, have asked government to support them with a fish hatchery to be able to produce their own fingerlings. The SACCO…
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East Africa
Boresha SACCO told to gear up for Hustler Fund as Tower SACCO gets new director
NAIROBI- Baringo County’s cooperative officer David Maina has advised Boresha SACCO members to organise themselves if they are to benefit from Hustler Fund’s second phase, according to the local media outlets. Maina…
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Cooperatives & Communities
Minister Ongalo-Obote pledges Shs 5mln to Speakers’ SACCO
SOROTI – The Minister for Teso Affairs, Dr. Clement Kenneth Ongalo-Obote has pledged to donate Shs 5 million seed capital to the SACCO owned by district speakers in Teso Sub-region. The Minister…
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Africa
Nigeria Police Cooperative Society accused of fraud
LAGOS -Some police personnel late last year accused the leadership of the Nigeria Police Cooperative Multipurpose Society Limited of fraud, according to Sahara Reporters. Records show Nigeria Police cooperative, which is under…
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