Sacco
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News
Kabalega SS Old Boys SACCO hits Shs 60mln in savings
MASINDI, October 10, 2024 – The Kabalega Secondary School Old Boys Savings and Credit Cooperative Organisation [SACCO] has accumulated Shs 60 million in savings, according to its CEO, Titus Tumusiime. During the…
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NSSF aims to boost asset base to Shs 50 trillion by 2035
OTUKE, October 8, 2024 – The National Social Security Fund [ NSSF ] is determined to grow its assets under management to Shs 50 trillion by 2035, up from the current Shs…
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Katakwi SACCO inaugurates first board
KATAKWI, September 26, 2024 – The Akoboi Sub-county Savings and Credit Cooperative Society [ SACCO ] in Katakwi district has inaugurated its first board of directors, calling on its members to embrace…
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Lyamujungu SACCO’s 40 years of existence and excellence
KABALE, September 2, 2024 – Boasting almost 40,000 members, Lyamujungu SACCO domiciled in Kigezi Subregion, recently attained 40 years of providing excellent services to members, although the institution was unable to mark…
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Mbarara SACCO officials on spot over missing funds
MBARARA CITY, August 15, 2024 – Former Mbarara Central Market Vendors’ SACCO Chairman, Muhammad Nyombi, and the SACCO Manager, Hope Kyokunda are implicated in the alleged mismanagement of funds amounting to over…
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Wazalendo SACCO commissions commercial building in Fort Portal City
FORT PORTAL, August 12, 2024 – The Wazalendo Savings and Credit Cooperative Society [ WSACCO ] Limited has commissioned a new commercial building located on Balya Street in Fort Portal City to…
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Masindi village chairpersons want to benefit from PDM
MASINDI, August 6, 2024 – Local Council One chairpersons in Masindi district say they should also benefit from the Parish Development Model [ PDM ], a government initiative launched in February 2022,…
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MABARARA CITY: SACCO meeting adjourned over failure to raise quorum
MBARARA CITY, August 5, 2024 – A special general meeting for the Mbarara Central Market Vendors’ SACCO that had been scheduled to take place last Friday flopped following a low turnout of…
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Gulu City West Boda-Boda riders shun saving with own SACCO
GULU, July 26, 2024 – Attempts by Boda-boda leaders under Gulu City West Boda Boda Association to have members again save with their Saving Credit and Cooperative Organisation [SACCO] have failed due…
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Kenyan SACCO regulator drafts guidelines on mergers
NAIVASHA, July 22, 2024 – The SACCO Societies Regulatory Authority [SASRA] has proposed draft guidelines on mergers and amalgamations, which provide a clear framework for Savings and Credit Cooperative Societies [SACCOs] that…
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