SACCOs
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News
Auditor General finds loopholes in PDM implementation
KAMPALA, January 20, 2025 – The Parish Development Model [PDM] has made notable progress in its implementation for the 2023/2024 financial year [FY], though several challenges have emerged, particularly in fund disbursement,…
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News
Dokolo Emyooga SACCOs assured of additional seed capital
DOKOLO, January 17, 2025 – – The Microfinance Support Centre [MSC] has assured members of Emyooga SACCOs in Dokolo District of an additional Shs 20 million in seed capital provided by the…
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Opinions & Commentary
African Development Educators Programme set for this weekend in Kenya
NAIROBI, January 14, 2025 –– Held in partnership with the National Credit Union Foundation [NCUF], the African Development Educators [ADE] Programme combines practical cooperative strategic thinking within the sector and its impact…
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News
Build SACCOs to create more job opportunities for Ugandans, Prof. Kamuntu urges leaders
SHEEMA, January 14, 2025 – Establishing and nurturing financial institutions in Uganda is essential for increasing employment opportunities for the citizens, according to Prof. Ephraim Kamuntu, the Senior Presidential Advisor on Manifesto…
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News
Mushanga SACCO raises Shs 7.6bln from Christmas Bonanza Quiz
SHEEMA, December 25, 2024 – Mushanga Savings and Credit Cooperative Society (SACCO) Limited has rewarded 440 loyal members with Christmas gifts in a festive ceremony held at the SACCO’s main branch in…
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News
Kenyan SACCOs outshine banks in loan market amidst high interest rates
NAIROBI, December 16, 2024: Kenya’s Savings and Credit Cooperative Organisations [SACCOs] have attracted a growing number of customers seeking more affordable loan options as commercial banks keep charging higher interest rates. Despite…
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News
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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News
Alebtong Emyooga SACCOs struggling to recover over Shs 510mln
ALEBTONG, November 22, 2024 At least 17 Emyooga Savings and Credit Organisations [SACCOs] in Ajuri County, Alebtong district, are facing challenges in recovering over Shs 510 million that was advanced to various…
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News
Ntungamo district boss calls for regular training of SACCO leaders
NTUNGAMO, November 21, 2024 – Samuel Mucunguzi, the LCV Chairperson of Ntungamo district, has called for regular training of leaders, and managers of Savings and Credit Cooperative Organisations [SACCOs], arguing that such…
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News
Masindi officials decry dependency syndrome for cooperatives
MASINDI, November 21, 2024 – Masindi Municipal Council officials have expressed concern over the failure of Savings and Credit Cooperative Organisations [SACCOs], and some producer cooperatives to sustain themselves. This concern was…
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