Sacco
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News
Soroti City painters launch SACCO to enhance their livelihoods
SOROTI CITY, February 28, 2025 – The Soroti City Plascon Painters Association has launched a Savings and Credit Cooperative Organisation [SACCO] aimed at boosting the livelihoods of its members. The SACCO is…
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Coffee worth Shs 229mln stolen while in transit to Kampala
KIRUHURA, February 17, 2025 – Police in Kiruhura district are investigating the circumstances surrounding the theft of 13.3 tonnes of coffee worth Shs 229 million by unknown individuals. According to Samson Kasasira,…
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Boda Boda riders to form their own bank following initiative launch
KAMPALA, February 5, 2025 –– The United Boda Boda Cooperative Union recently launched the National Boda Boda Stage Development Model, an initiative designed to unlock the financial independence of the commercial riders…
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Museveni boosts Lira University Staff SACCO with Shs 100mln
LIRA CITY, January 25, 2025 – Lira University Staff Savings and Credit Cooperative Organisation [SACCO] has recorded significant growth in membership and its loan portfolio after receiving a financial boost of Shs…
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Lack of IDs affecting access to PDM funds in Lira district
LIRA, December 21, 2024 — Residents of Amach Town Council in Lira district have called on the government to expedite the process of issuing the national identity cards [ IDs ] to…
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Soroti City West Journalists SACCO struggles to recover Emyooga funds
SOROTI CITY, December 18, 2024 – The Soroti City West Journalists Savings and Credit Cooperative Organization [SACCO] has struggled to recover funds disbursed to beneficiaries under the Emyooga programme. In 2021, the…
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Interview: Bishop Kisembo commends The Uhuru Institute for unwavering support of Uganda’s cooperative movement
FORT PORTAL CITY, December 17, 2024 – The Bishop of Ruwenzori Diocese, Rt. Rev. Reuben Kisembo, has praised The Uhuru Institute for Social Development [TUI] for its steadfast support of Uganda’s cooperative…
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Masaka officials remanded over theft of PDM Money
MASAKA, December 10, 2024 — Two parish chiefs, John Rogers Mutebi, and Joseph Bbale, alongside John Baptist Matovu, the Masaka District Agricultural Officer and Focal Person for the Parish Development Model [PDM)…
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Nebbi priests form SACCO to improve livelihoods
NEBBI, December 7, 2024 – Catholic priests in Nebbi district have formed the Nebbi Diocesan Development Association SACCO (NEDA) to enhance their livelihoods. The priests stated that the SACCO would help them increase…
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