SACCOs
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News
Kenya’s SACCOs eye fintech alliances as digital transactions surge
NAIROBI, February 24, 2026 — Leaders of Kenya’s Savings and Credit Cooperative Organisations [SACCOs] have identified collaboration with financial technology firms [fintechs] as a top strategic priority for 2026, signalling a decisive…
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BoU extends licensing deadline for Large SACCOs to September 2026
KAMPALA, February 24, 2026 — The Bank of Uganda [BoU] has extended the deadline for regulated financial institutions to transact exclusively with licensed large Savings and Credit Cooperative Societies [ SACCOs ],…
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Kotido Municipality struggles to recover Emyooga funds
KOTIDO, February 11, 2026 — Kotido Municipality is grappling with the recovery of funds disbursed to the beneficiaries under the Emyooga programme, a Government of Ugandan initiative aimed at creating wealth and…
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WSACCO launches construction of Nakasongola branch
NAKASONGOLA, February 9, 2026 — Wazalendo Savings and Credit Cooperative Society Limited [WSACCO] has launched the construction of a commercial complex in Nakasongola district. The groundbreaking ceremony was officiated by the General…
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MTIC holds cooperative clinic in Jinja to revitalise Busoga sector
JINJA, February 5, 2026 — The continued collapse of cooperatives in the Busoga Sub-region has left many residents trapped in persistent poverty and slowed local development, with some families unable to afford…
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Bushenyi: PDM SACCO Chairperson remanded over extortion allegations
BUSHENYI, February 4, 2026 – The Chairperson of the Magoma Parish Development Model Savings and Credit Cooperative Organisation [PDM SACCO] in Kahungye Parish, Nyabubare Subcounty in Bushenyi district, has been remanded to…
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SACCO leaders applaud Museveni’s pledge to extend tax holiday
MBARARA CITY, February 3, 2026 – Leaders of Savings and Credit Cooperative Organisations [SACCOs] in Western Uganda have expressed relief and renewed focus on development following President Yoweri Museveni’s pledge to extend…
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Only Shs 9.34bln recovered from PDM beneficiaries-Auditor General
KAMPALA, January 31, 2026 — Only Shs 9.340 billion has so far been recovered from beneficiaries of the Parish Development Model [PDM] despite government having cumulatively released more than Shs 3.258 trillion…
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WCU disburses Shs 480mln to teachers in Acholi for personal development
GULU CITY, January 31, 2026 — The Walimu Cooperative Union [WCU] says it has disbursed a total of Shs 480 million to government teachers in the Acholi Subregion since 2022. Francis Otema,…
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SACCO sector wins big as Museveni halts BoU regulation, directs extension of tax exemption beyond 2027
KAMPALA, January 30, 2026 — The Savings and Credit Cooperative Organisations [SACCOs] sector has secured significant policy commitments from the Government of Uganda following successful high-level lobbying and advocacy engagements led by…
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