SACCOs
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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…
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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…
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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…
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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…
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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]…
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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…
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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…
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Cooperatives & Communities
Over 300 Emyooga SACCOs in Masaka to get extra Shs 20mln each
MASAKA- At least 300 best-performing Emyooga Saccos in the Greater Masaka region have been selected to benefit from the additional seed capital of Shs 20 million each from the government. This was…
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News
Co-operators challenged on mind-set change, saving culture
MBARARA– As Uganda joins the rest of the countries to celebrate the International Day of Cooperative, State Minister for Cooperatives- Fredrick Ngobi Gume has encouraged co-operators in the country to save if…
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News
Apac: Minister Amongi orders arrest of civil servants over extortion
APAC- The Minster of Gender Labour and Social Development, Betty Amongi, has ordered police to arrest civil servants in Apac district for allegedly extorting money groups in order to consider them for…
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