SACCOs
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Cooperatives & Communities
Hoima District Referees SACCO suffers financial distress as a result of Covid-19
HOIMA – The mandatory Covid-19 lockdown has finally taken its toll on referees as games and sports resumed under strict Standard Operating Procedures (SOPs). Last week, Hoima District Referees Saving and Credit…
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Fraud of Shs 55m Emyooga funds under investigation in Soroti City
SOROTI – The fraud of Emyooga funds worth Shs 55m is currently under investigation in Soroti City. This follows an incident in which the District Commercial Officer, Joy Apolot was accused of…
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Cooperatives & Communities
More than Shs1 billion Emyooga money unspent in Gulu City
GULU – Several groups that were approved to benefit from the government’s Emyooga funds are reluctant to withdraw money from their accounts on what they termed unfair conditions. The groups claim, to…
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Cooperatives & Communities
Only 19 of the 72 Emyooga SACCOs have received funds in Hoima district
HOIMA – Members of Parliament from Hoima city have supported Emyooga beneficiaries’ demand to do away with all conditions imposed on the program, if the initiative is to serve its intended purpose.…
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Cooperatives & Communities
Serere district disburses Shs 90m to quack journalists.
SERERE – Serere district Members of Parliament have raised a red flag over the criteria the district officials used to disburse Shs 90m to quack journalists under the presidential initiative on wealth…
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Fort Portal City MPs ask for more money for Women Entrepreneurs’ SACCOs
FORT PORTAL – Members of Parliament representing Fort Portal City have asked the Microfinance Support Centre (MSC) for more money from the Emyooga programme to women entrepreneurs’ SACCOs. The Fort Portal city…
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Cooperatives & Communities
Kiryandongo residents want Emyooga conditions “relaxed”
KIRYANDONGO – Residents of Kiryandongo district have asked the government to consider relaxing some of the conditions laid out before a person accesses funds under the Emyooga programme. While meeting their constituency…
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Cooperatives & Communities
Masindi SACCO leaders Disagree over Emyooga Savings Requirements
MASINDI – SACCO leaders in Masindi have disagreed over the 30% savings requirement to access loans from Emyooga SACCOs. On Wednesday, Joab Businge, the Masindi municipality member of parliament held a consultative…
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Cooperatives & Communities
Cooperators Challenged To Go Digital
UGANDA – Cooperators have been challenged to go digital in order to overcome any unanticipated challenges similar to what the Covid-19 pandemic has done to the business sector in Uganda. This was…
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Cooperatives & Communities
Civil Servants’ SACCO Grapples With Shs 60 Million Debt
MASINDI – Masindi Civil Servants’ Savings and Credit Cooperative Society Limited is grappling with over Shs 60 million debts, Nasur Ibrahim the SACCO Chairperson has said. “All the share capital for the…
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