SACCOs
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Seventeen SACCOs pass fitness test, get registration certificates
SOROTI – Seventeen out of 18 Saccos in Soroti City East Division passed the fit-and-proper test and finally got their certificates of registration and bylaws from the registrar of cooperatives. The certificates,…
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Cooperatives & Communities
Hoima Sacco, Government clash over Shs 50m loan
HOIMA – In a speech at the annual general meeting of the Hoima District Referees Saving and Credit Co-Operative Society (Sacco), Board Chairman Patrick Kunihira, publicly voiced his concern about a deliberate…
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Cooperatives & Communities
New Sacco to give out Cheap loans in Hoima
The newly launched KASSOBA SACCO is on course to open with offers of cheap loans to members of Kabalega Secondary School Old Boys Association (KASSOBA). The official launch was on April 3…
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Cooperatives & Communities
Long-dormant sacco in Masindi bounces back
A long-dormant savings and cooperative credit society has been revived. The Masindi Savings and Cooperative Credit Society Limited has been revived by members after a two-year lull. The SACCO membership comprises mainly…
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Cooperatives & Communities
Hoima leaders locked in fight over cooperative union
Even before it gets off the paper, a plan by businessman Abdu Mariki Mugisa to form Bunyoro farmer’s Cooperative has drawn strong opposition largely from leaders in the western district of Hoima…
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Cooperatives & Communities
Aninolal SACCO gets farm inputs from UK-based Lango Association
177 members of Aninolal Savings and Credit Cooperative Society (SACCO), Kwania district, have received farm inputs from Lango Association Living in the United Kingdom, in collaboration with the Global Support Development Initiative,…
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Cooperatives & Communities
Masindi Teachers’ SACCO grapples with 40% account dormancy
Masindi Teachers’ SACCO is facing a challenge of 237 dormant accounts (close to 40% of the total), a situation the SACCO’s Chairperson says affects them significantly. Isaac Mugaanzi, the Board Chairperson for…
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Cooperatives & Communities
Kwania district to train Emyooga beneficiaries
District officials in Kwania district have pledged to offer some training in financial management to beneficiaries of the recently released Presidential Initiative on Job and Wealth Creation (Emyooga) funds. After a long…
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Cooperatives & Communities
Lira DCO, four others remanded for forgery of SACCO documents
Court has remanded Lira District Commercial Officer (DCO), Josephine Alobo, and four others to jail for alleged forgery of SACCO documents contrary to section 34 of the Penal Code Act. Alobo appeared…
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Cooperatives & Communities
Market vendors tipped on SACCO formation
Hoima oil-City authorities have challenged vendors operating in different markets in the area to form Saving and Credit Co-operative Societies (SACCOs) as one way of improving their economic status. This call was…
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