SACCOs
-
Cooperatives & Communities
Regulating large SACCOs: UCSCU drags BoU to court
KAMPALA – Uganda Cooperative Savings and Credit Union [UCSCU] has dragged Bank of Uganda [BoU] and the Attorney General to High Court in Kampala, saying the central bank does not have the…
Read More » -
Cooperatives & Communities
Kenya: Real estate takes biggest share of SACCO loans
NAIROBI – Land and housing consumed the largest share of loans Kenyan SACCOs issued to their members in 2022, the latest data by SACCO Societies Regulatory Authority [SASRA] shows. According to the…
Read More » -
Cooperatives & Communities
MP urges Fort Portal parents to embrace PDM
FORT PORTAL – Fort Portal City Woman Member of Parliament, Irene Linda Mugisa has asked poor parents in the city to embrace the Parish Development Model [PDM] to improve household incomes. She…
Read More » -
Central
Gov’t readies extra Shs 134bln for best SACCOs
KAMPALA – Government through the Finance ministry has approved Shs 134 billion to be given as additional seed capital to 6,721 best performing SACCOs across the country. The ministry in an update…
Read More » -
Opinions & Commentary
Monitoring and evaluation key to success of SACCOs
There has been tremendous growth in the cooperative sector in Uganda. Statistics from the Ministry of Trade, Industry, and Cooperatives show that Uganda has over 41,621 registered cooperative societies under their various…
Read More » -
Western
aBi Finance injects Shs 120bln in green agribusiness
MBARARA -aBi Finance Limited in partnership with local commercial banks, Microfinance Deposit-taking Institutions [MDIs], and SACCOs has so far sunk Shs 120 billion in the agribusiness sector in form of cheap credit.…
Read More » -
Northern
You are not beneficiaries of PDM, SACCO leaders, politicians told
APAC – The government has excluded members of the Parish Development Committees [PDCs] as well as politicians at the LCII level from benefiting from the Parish Development Model [ PDM ]. The…
Read More » -
Cooperatives & Communities
Youth in Madi Sub-region shun PDM cash
ADJUMANI– Youth in the Madi Sub-region districts of Adjumani, Moyo, and Obongi, are hesitant to use the funds provided by government under the Parish Development Model [PDM] due to the stringent conditions…
Read More » -
Cooperatives & Communities
Ngora: 58 PDM SACCOs stuck with cash in bank accounts
NGORA – A total of 58 Parish Development Model Savings and Credit Cooperative Societies [PDM SACCOs] in Ngora district are yet to distribute the funds to the beneficiaries despite the district launching…
Read More » -
Cooperatives & Communities
Lango: Govt injects Shs 74bln in Emyooga Progamme, PDM
LIRA – Government has so far injected Shs 74 billion to support Emyooga Programme and the Parish Development Model [PDM] in the Lango Sub-region. This was said recently by the government chief…
Read More »