SACCOs
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Cooperatives & Communities
Minister Amongi asks women to embrace PDM
OYAM – The Minister of Gender, Labour and Social Development [MGLSD], Betty Amongi has urged women council leaders in Oyam district to embrace the Parish Development Model [PDM] as a driver that…
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Cooperatives & Communities
PSST Ggoobi: SACCOs in Uganda have grown to over 30,000
The number of Savings and Credit Cooperative Organisations [SACCOs] in Uganda has increased to 33,000, according to the Permanent Secretary and [PSST] Secretary to the Treasury, Ramadhan Ggoobi. According to Ggoobi, there…
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Cooperatives & Communities
Masindi credit cooperatives warned against depending on donor funds
MASINDI – Credit cooperatives in Masindi district have been warned against dependence on donor funds. The warning was sounded by Monica Tibemanya ,the Masindi Municipality Council commercial officer during the second annual general…
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Cooperatives & Communities
Museveni boosts Otuke SACCOs with Shs 100mln
OTUKE – President Yoweri Museveni has pledged Shs 100 million donation to support Saving and Credit Cooperative Organisations [SACCOs] in Otuke district. Museveni offered the donation as he camped in the Lango…
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Cooperatives & Communities
2023/2024 budget: Govt earmarks over Shs 1trn for SACCOs
KAMPALA– Government has earmarked Shs 1.177 trillion for various SACCOs in the upcoming 2023/2024 financial year, according to State Minister for Microfinance, Haruna Kasolo. Parliament yesterday approved the Shs 52trn budget for…
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Cooperatives & Communities
UMRA cautions money lenders after murder of Asian businessman
KAMPALA – Tier 4 Microfinance institutions and money lenders in Uganda have been advised to be cautious when dealing with borrowers after a police officer shot dead an Asian businessman in Kampala…
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Cooperatives & Communities
Don’t spend PDM money on parties, Namisindwa residents warned
NAMISINDWA – Authorities in Namisindwa district have cautioned the beneficiaries of the Parish Development Model (PDM) funds in the district against spending the received money on parties and other unproductive activities. The…
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Cooperatives & Communities
PDM SACCOs in Greater Masaka receive over Shs 22bln
MASAKA-A total of 367 Parish Development Model SACCOs [PDM SACCOs] in the Greater Masaka region have received over Shs 22 billion, officials say. Greater Masaka comprises districts of Kalangala, Lyantonde, Kalungu, Lwengo,…
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Cooperatives & Communities
Emyooga SACCOs in Masaka region get extra seed capital of Shs 6bln
MASAKA-About 300 best-performing Emyooya SACCOs in the 22 constituencies that make up the greater Masaka region have received more seed capital of Shs about 6 billion to grow their income generating activities.…
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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…
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