SACCOs
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Cooperatives & Communities
Emyooga SACCOs urged to apply for permanent registration
FORT PORTAL -Emyooga SACCO leaders from Rwenzori Sub-region have been advised to prepare and apply for permanent registration before their probation certificates expire. Joseph Lutalo the assistant registrar of cooperatives in the…
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News
Ankole Zonal Industrial Hub graduates over 230 as leaders ask for more slots
MBARARA- A total of 235 youth graduated from Ankole Zonal Industrial Hub last week after undergoing training in vocational skills that if put to good use the trainees should be able to…
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Cooperatives & Communities
Join SACCOs to develop saving culture, MP urges Bulambuli residents
BULAMBULI – Instead of keeping money in their houses, people should develop a saving culture by joining Savings and Credit Cooperative Organisations [SACCOs]. The advice was given by the Bulambuli district Woman…
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East Africa
We want tax relief, co-ops urge gov’t
NAIROBI-Cooperatives/SACCOs in Kenya are calling for tax relief, saying it would help them compete favourably in the market. According to Gathungu Kahunyo, the vice chairman Githunguri Dairy Co-operative, Saccos pay high taxes,…
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Cooperatives & Communities
Prof. Suruma warns beneficiaries against misuse of PDM funds
SHEEMA – The chancellor of Makerere University Prof. Ezra Suruma has appealed to SACCO leaders to arrest beneficiaries who misuse Parish Development Model [PDM] funds. He said this days ago while launching…
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Cooperatives & Communities
Pay your loans by end of January 2023, Gulu City Emyooga SACCOs told
GULU-Nixon Komakech Atemo, the Principal Commercial Officer for Gulu City has urged Emyooga SACCOs to pay back their loans by January 31, 2023 or else they will face the wrath of the…
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Cooperatives & Communities
Masindi PDM SACCOS to access money next year
MASINDI-Parish Development SACCOS [ PDM SACCOS ] which were formed in Masindi district will access the money which is on their bank accounts in January next year after fulfilling all the requirements.…
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Cooperatives & Communities
Pooling resources: UCSCU SACCOs raise over Shs 890mln for re-capitalisation
KAMPALA – SACCOs subscribing to Uganda Cooperative Savings and Credit Union [UCSCU] have pooled resources of about Shs 897 million to re-capitalise members as they grow their businesses. Through the central finance…
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Cooperatives & Communities
BoU readying to regulate big SACCOs, pledges to work with UCSCU
KAMPALA– The Microfinance Deposit-Taking Institutions [Registered Societies] Regulations, 2022, will enable the Bank of Uganda [BoU] to license and supervise large SACCOs in the country as mandated under the Tier 4 Microfinance…
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Cooperatives & Communities
Form SACCOS for peaceful retirement-university professor urges civil servants
KWANIA– Civil servants in Uganda can enhance their financial security if they form their own SACCOS that can help them while in retirement, according to Ojuka Onedo, a professor of Accounting and…
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