SACCOs
-
Cooperatives & Communities
Teachers urged on utilising SACCOs for further education
AMURU– Teachers in Amuru district have been advised to use SACCOs to further their education if they are to remain relevant in the job market. Amuru district currently has a total of…
Read More » -
News
PDM: Nyowa officials tasked to refund over Shs 200mln
NWOYA- Officials in Nwoya district have been asked to refund Shs 208 million meant for the operationalisation of the Parish Development Model [PDM]. The funds were meant to identify PDM beneficiaries, enterprise…
Read More » -
Cooperatives & Communities
MSC disburses over Shs 600bln to Ugandan enterprises
LIRA– The Microfinance Support Centre [ MSC ] has in a report enumerated its successes and challenges since its inception two decades ago to be a source of cheaper loans for small…
Read More » -
Cooperatives & Communities
Minister says some parishes will receive more PDM cash than others
KAMPALA– The Minister of State for Finance, Planning and Economic Development (Planning) Amos Lugoloobi, has revealed that some parishes will, in the current financial year, receive more money than others under the…
Read More » -
Cooperatives & Communities
1.18mln in Kenya halt sacco savings, says regulator
NAIROBI– Business Daily reports that over 1.18 million savers in Kenya last year stopped making monthly contributions to savings and credit cooperative societies [Saccos], suggesting a difficult recovery of the jobs market…
Read More » -
Cooperatives & Communities
PDM: Districts directed to display names of households, enterprise groups
GULU-The Parish Development Module [PDM] Secretariat has directed accounting officers and district leaders in all the districts in the country to display names of households and enterprise groups selected before actual funding…
Read More » -
Cooperatives & Communities
Stanbic Bank Uganda courts MPs in push for women’s financial inclusion
KAMPALA – Stanbic Bank Uganda has sought the support of the Members of Parliament as it popularises in the country its women’s financial empowerment programme dubbed, Stanbic for Her, aimed at providing…
Read More » -
Development
Kenyan SACCOs urged to develop neobanks
NAIROBI– Savings and Credit Co-operatives [SACCOs] have been urged to turn their institutions into neobanks [online banks without traditional physical branch networks], reports SACCO Review. Cynthia Wandia, the Chief Executive Officer [CEO]…
Read More » -
Cooperatives & Communities
Lango leaders caution govt on hurrying PDM processes
OYAM– A section Lango leaders have raised concern over the implementation of the Parish Development Model [PDM], saying the speed at which government is implementing some activities must be checked, especially if…
Read More » -
Cooperatives & Communities
Emyooga SACCOs to turn into cooperatives
KABALE– At least 25 Emyooga Savings and Credit Cooperatives [SACCOs] in Kigezi Sub-region are set to be transformed into cooperatives, having grown tremendously since their establishment about two years ago. The Emyooga…
Read More »