SACCOs
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Cooperatives & Communities
Declare interest to members, SACCOs and VSLAs told
GULU- Just like banks do, managers of SACCOs and Village Savings and Loan Associations [ VSLAs ] should make it a routine to declare the earned interest to members every year as…
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Cooperatives & Communities
MSC kicks off process to give certificates to Emyooga in Lango, Acholi
LIRA-The Microfinance Support Centre [ MSC ], has kicked off preparations to offer permanent registration certificates to the Emyooga SACCOs in Lango and Acholi sub-regions. According to Mable Nabadda, the Lira and…
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Cooperatives & Communities
Bugwere cultural leader urges subjects to embrace poverty eradication programmes
KIBUKU– The Bugwere cultural leader [Ikumbania], His Highness Geoffrey Wayabire has rallied SACCO group leaders from the four districts of Budaka, Kibuku, Butebo, and Pallisa to support and engage their subordinates so…
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Cooperatives & Communities
Pader elders uneasy as youth choose SACCOs over producer cooperatives
PADER– Elders in Pader district are concerned that the youth there are reluctant to join traditional producer cooperative societies, even as the young people are supposed to be the future leaders of…
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Cooperatives & Communities
Alebtong leaders urged to mobilise SACCOs to benefit from LEGS project
ALEBTONG– The Alebtong district LC5 chairperson, David Kennedy Odongo has asked village and parish leaders to mobilise the communities to form SACCOs if they are to utilise Shs 3 billion specifically allocated…
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Cooperatives & Communities
Teachers urged on utilising SACCOs for further education
AMURU– Teachers in Amuru district have been advised to use SACCOs to further their education if they are to remain relevant in the job market. Amuru district currently has a total of…
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News
PDM: Nyowa officials tasked to refund over Shs 200mln
NWOYA- Officials in Nwoya district have been asked to refund Shs 208 million meant for the operationalisation of the Parish Development Model [PDM]. The funds were meant to identify PDM beneficiaries, enterprise…
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Cooperatives & Communities
MSC disburses over Shs 600bln to Ugandan enterprises
LIRA– The Microfinance Support Centre [ MSC ] has in a report enumerated its successes and challenges since its inception two decades ago to be a source of cheaper loans for small…
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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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