Sacco
-
Cooperatives & Communities
Hot debate in parliament over money lender’s death
KAMPALA – The murder of Uttam Bhandari, a city money lender by a police officer, Ivan Wabwire, has stoked debate in parliament on mental health, minimum wage and exorbitant interest rates in…
Read More » -
Africa
Zambia: NAZ SACCO to safeguard interests of members
NAIROBI– Leaders of the National Assembly of Zambia Savings and Credit Cooperative [ NAZ SACCO ] were urged to prioritise and safeguard members’ interests as it seeks to enhance its services, as…
Read More » -
Cooperatives & Communities
Tororo district launches disbursement of PDM funds
TORORO – There was excitement in Tororo district days ago following the launch of the disbursement of the Parish Development Model [ PDM ] funds to the intended beneficiaries. Under the PDM,…
Read More » -
Cooperatives & Communities
Koboko farmer SACCOs hire tractor to boost commercial farming
KOBOKO – Farmer SACCOs in Koboko district will now find it easy to cultivate land after they acquired a tractor from Muni University. According to the farmer SACCO leaders, the tractor will…
Read More » -
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.…
Read More » -
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…
Read More » -
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.…
Read More » -
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…
Read More » -
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…
Read More » -
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…
Read More »