SACCOs
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Cooperatives & Communities
Kenyan SACCOs struggling to recover loans, says regulator
NAIROBI, March 5, 2024 – Savings and Credit Co-operative Organisations [SACCOs] in Kenya are owed Ksh 2.7 billion by various government agencies and private companies that approached the financial cooperatives for the…
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Cooperatives & Communities
Premier Nabbanja asked to explain allegations of fraud in PDM
KAMPALA, March 2, 2024 – The Members of Parliament have expressed concern over the alleged fraud surrounding disbursement of funds under the Parish Development Model [ PDM ] to beneficiaries across the…
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Cooperatives & Communities
UMRA protests merger, asked to present comprehensive report on achievements
KAMPALA, February 28, 2024 – The Uganda Microfinance Regulatory Authority [ UMRA ] is against the move by government to push it back to the mother Ministry of Finance, saying that its…
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Cooperatives & Communities
Lira City: Minister Amongi boosts LCI SACCOs with Shs 20mln
LIRA City, February 26, 2024 – The Minister of Gender Labour and Social Development, Betty Amongi has offered financial support to Savings and Credit Cooperative Organisations [SACCOs] formed by LCI chairmen in…
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News
Dokolo journalists’ association gets Shs 1mln capital boost
DOKOLO, February 19, 2024 – Dokolo Media Association in Dokolo district has received Shs 1 million to boost the capital, and livelihoods of its members who are mainly journalists. The money was…
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Cooperatives & Communities
Minister Kyeyune to UMRA: Don’t issue licences to online money lenders
Kampala, January 30, 2024 – The State Minister for Microfinance, Haruna Kasolo Kyeyune has advised the Uganda Microfinance Regulatory Authority [ UMRA not to license online money lending platforms, saying it is…
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Cooperatives & Communities
Wazalendo SACCO donates medical, school items to Busoga communities
JINJA, January 30, 2024 – The UPDF’s Wazalendo Savings and Credit Cooperative Society [[WSACCO] has donated to Busoga communities items valued at Shs 50 million that included 20 hospital delivery beds, 600…
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Cooperatives & Communities
Fighting poverty: Ugandans advised to embrace PDM, Emyooga
MBALE, January 18, 2024 -The National Coordinator of the Emyooga programme, Ritah Namuwenge has advised Ugandans to use the Parish Development Model [PDM] and Emyooga programme to empower themselves economically. Namuwenge said…
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Cooperatives & Communities
Masindi journalists Emyooga SACCO gets additional Shs 20mln
MASINDI, January 3, 2024 – Masindi Municipality Journalists Emyooga SACCO has received an addition of Shs 20 million following their good performance. The SACCO is among the 19 cluster SACCPO which got…
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