SACCOs
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Cooperatives & Communities
Mbarara City official arrested for stealing salon money
MBARARA– Mbarara City Assistant Commercial Officer Donati Mutaahi and three others have been arrested by the police over the embezzlement of Shs10 million belonging to Emyooga SACCO of salon operators. Mutaahi who…
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Cooperatives & Communities
Minister asks SACCOs to charge low interest rates
KAMPALA– Savings and Credit Cooperatives Organisations [SACCOs] in the country must not charge members above 18 percent interest on loans taken, Haruna Kasolo Kyeyune, the State Minister for Microfinance has said. Minister Kasolo…
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Cooperatives & Communities
Gulu City resumes lending to Emyooga Saccos amidst low recovery of funds
GULU- Authorities in Gulu City have resumed the disbursement of Emyooga funds to different Savings and Credit Cooperative Societies [Saccos], even though the officials face hurdles in the recovery of the funds…
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Cooperatives & Communities
Shs 496mln unused as it remains held in Lira Emyooga SACCO account
LIRA – At least Shs 496 million accumulated as interest under Emyooga programme in Lira district is lying idle in a bank account as some borrowers from the Savings and Credit Cooperative…
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Cooperatives & Communities
Emyooga fund defaulters to face arrest
FORT PORTAL: The State Minister for Finance Planning and Economic Development in charge of microfinance, Haruna Kasoro Kyeyune has given Emyooga fund defaulters one month to clear their debts or face arrest.…
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Cooperatives & Communities
Masindi Teachers’ SACCO share capital increases to Shs56m
MASINDI – The share capital for Masindi teachers’ SACCO has increased to Shs 56 million in 2021 from Shs 47 million raised in the year 2020. This was revealed by Joseph Rukundo,…
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Cooperatives & Communities
The 3rd cooperative strategic research launched, cooperators advised on mindset change
KAMPALA – The Uhuru Institute for Social Development (TUI) recorded another milestone after successfully launching the third strategic research report on cooperative resilience. The research conducted in 2020 titled “Upholding Cooperative Identity…
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Cooperatives & Communities
Alebtong residents offer land to UPDF
ALEBTONG – Residents of Aloi sub-county in Alebtong district have offered 46.89 hectares of land to Uganda People’s Défense Forces (UPDF) to establish military barracks. The residents led by John Odepe handed…
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Cooperatives & Communities
Microfinance Support Center (MSC) unveils plan to invest in oil industry sector
HOIMA – Dr. Emmanuel Aliba Kiiza, the Board Chairman of Microfinance Support Centre (MSC) has revealed that they intend to invest in the oil and gas sector. While addressing Community Development Officers…
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Cooperatives & Communities
Microfinance Support Centre (MSC) to establish an office in Masindi
MASINDI – As one way of bringing services closer to the people, Microfinance Support Centre (MSC) has decided to put an office in Masindi district to cater for the three districts of…
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