SACCOs
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News
Local councils intensify revenue drive as LEGS project set to boost rural economies
BUSHENYI, April 10, 2026 — Local authorities in Bushenyi district have stepped up efforts to strengthen domestic revenue mobilisation, as a new development initiative promises to inject fresh capital into rural economies.…
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Zombo reviews PDM progress amid calls for accountability
ZOMBO, April 6, 2026 — Leaders in Zombo district recently convened a mandatory stakeholders’ meeting to assess the implementation and progress of the Parish Development Model [PDM], a government initiative that aims…
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25 officials interdicted in Abim over alleged misuse of PDM funds
ABIM, April 2, 2026 — Authorities in Abim district have interdicted 25 public servants over the alleged mismanagement of Parish Development Model [ PDM ] funds, with formal investigations underway to establish…
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Teacher SACCOs directed to prepare for Walimu Union AGM
KAMPALA, April 1, 2026 — Uganda’s Ministry of Trade, Industry and Cooperatives [MTIC] has directed all teacher savings and credit cooperatives [ SACCOs ] affiliated to Walimu Cooperative Union to begin preparations…
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MPs shocked as Mityana district recovers just Shs 250,000 from Shs 8bln PDM funds
KAMPALA, March 30, 2026 – Members of Parliament [MPs] have expressed shock and concern over Mityana district’s dismal recovery of funds under the Parish Development Model [ PDM ], after it emerged…
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RUDI SACCO records decline in 2025 amid falling cocoa prices
FORT PORTAL CITY, March 27, 2026 — Ruwenzori Diocese Savings and Credit Cooperative Society Limited [RUDI SACCO], a church-founded financial institution based at Kabarole Hill in Fort Portal City, registered a decline…
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Over 4,900 households in Hoima City benefit from PDM
HOIMA CITY, March 26, 2026 — At least 4,905 households in Hoima City have benefited from the Parish Development Model [PDM], in a boost to government efforts to transition communities from subsistence…
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News
Nyakibale SACCO members warned over loan defaults at 20th AGM
RUKUNGIRI, March 26, 2026 – Members of Nyakibale Development SACCO have been urged to honour their credit obligations and ensure timely loan repayments to safeguard the institution’s financial stability. The call was…
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IBANDA: SACCO posts record growth as members warned against dormant accounts, loan defaults
IBANDA, March 18, 2026 — ISSIA SACCO has recorded what Board Chairman Chris Boonah described as a period of “tremendous growth”, even as the leadership warned members over rising dormant accounts and…
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Leaders warned over loan defaults at 27th AGM of Shuuku SACCO
SHEEMA, March 16, 2026 — Cooperative experts and delegates have issued a stern warning to the leaders of Savings and Credit Cooperative Organisations [SACCOs] to desist from loan defaults, a practice they…
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