SACCOs
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News
Leaders warned over loan defaults at 27th AGM of Shuuku SACCO
SHEEMA, March 16, 2026 — Cooperative experts and delegates have issued a stern warning to the leaders of Savings and Credit Cooperative Organisations [SACCOs] to desist from loan defaults, a practice they…
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UCA welcomes BoU’s extension of licensing deadline for large SACCOs
KAMPALA, March 9, 2026 — The Uganda Cooperative Alliance [ UCA ] has welcomed the decision by the Bank of Uganda [BoU] to extend the deadline for licensing large Savings and Credit…
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News
PDM loan repayment phase to begin in March, MPs told
KAMPALA, March 6, 2026 — The two-year grace period for repayment of loans issued under the Parish Development Model [PDM] will expire in March 2026, with beneficiaries across the country expected to…
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Mushanga SACCO launches digital platform for loans, embraces agency banking
SHEEMA, March 4, 2026 – Mushanga SACCO has embraced agency banking and unveiled “MSACCO Loan”, a mobile platform enabling members to access loans via their phones. The innovation was launched during the…
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PDM beneficiaries in Soroti City laud Museveni for initiative, pledge to use funds wisely
SOROTI CITY, March 1, 2026 — In Soroti City West Division, beneficiaries of the government’s Parish Development Model [PDM] have expressed gratitude to President Yoweri Museveni for launching the initiative, which has…
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AFD–UDB partnership unlocks Shs 169bln to accelerate Uganda’s development agenda
KAMPALA, February 26, 2026 — Uganda’s economic growth has received a significant boost following the signing of a €40 million [approximately Shs 169 billion] financing agreement between the Agence Française de Développement…
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Tororo officials urged to ensure PDM beneficiaries repay loans as agreed
TORORO, February 26, 2026 — Tororo District Local Government has directed the first beneficiaries of the Parish Development Model [PDM] to begin repaying loans disbursed under the programme, following the expiry of…
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Gov’t begins disbursement of additional Shs 20mln to Emyooga SACCOs in Bunyoro
KIKUUBE, February 25, 2026 — The Government of Uganda, through the Microfinance Support Centre [MSC], has begun disbursing an additional Shs 20 million to each active Emyooga Savings and Credit Cooperative [SACCO]…
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Stanbic, Buganda Kingdom launch ‘Ssemaduuka’ to boost coffee value chain and rural trade
KAMPALA, February 25, 2026 —Stanbic Bank Uganda has partnered with the Buganda Kingdom to unveil a one stop agricultural business centre aimed at strengthening SACCO financing, organising coffee value chains and formalising…
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Accounting Officers warned as Finance ministry revises 2026/27 budget to Shs 78.25 trillion
KAMPALA, February 24, 2026 — Finance ministry’s Permanent Secretary and Secretary to the Treasury [PSST], Ramathan Ggoobi has directed all Accounting Officers in the ministries, departments and agencies [MDAs] not to sign…
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