SACCOs
-
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,…
Read More » -
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…
Read More » -
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…
Read More » -
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.…
Read More » -
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…
Read More » -
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…
Read More » -
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…
Read More » -
Cooperatives & Communities
SACCOS best solution to ending poverty in Uganda, says UCSCU boss
KAMPALA – The chief executive officer of Uganda Cooperative Savings and Credit Union [UCSCU], Dr. Sylvester Ndiroramukama has underscored the role of SACCOS in helping communities to fight poverty. Talking to theCooperator…
Read More » -
East Africa
Hustlers’ Fund to be accessed through SMS short code
NAIROBI-The Hustlers’ Fund set to be launched in Kenya at the end of this month will not require any official registration, according to Sacco Review reports. Co-operative and Micro, Small, and Medium…
Read More » -
Cooperatives & Communities
Kiryandongo official unveils progress report of PDM
KIRYANDONGO – Kiryandongo district production officer, Hassan Isa Byenkya, who also doubles as the district’s focal person for the Parish Development Model [PDM] has highlighted the progress of the programme in the…
Read More »