SACCOs
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Cooperatives & Communities
BoU issues licence to Kabarole’s Kihondo Tukwatanize SACCO
KAMPALA, July 8, 2026 — The Bank of Uganda [BoU] has continued issuing licences to large Savings and Credit Cooperative Organisations [SACCOs] across the country, with Kihondo Tukwatanize Co-operative Savings and Credit…
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Technology
M-KOPA targets Ugandan SACCOs with smartphones to advance financial inclusion
KAMPALA, July 6, 2026 – After unlocking more than Shs 1 trillion in credit, M-KOPA Uganda is shifting its focus to Savings and Credit Cooperative Organisations [SACCOs] as part of its efforts…
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Cooperatives & Communities
Trade ministry challenges Walimu Cooperative Union to revamp primary cooperatives
KAMPALA, July 3, 2026 — Uganda’s Ministry of Trade, Industry and Cooperatives [MTIC] has tasked the Walimu Cooperative Union with reviving all dormant teachers’ Savings and Credit Cooperative Organisations [SACCOs] across the…
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News
PDM SACCO leaders arrested in Lira City over alleged fraud targeting women beneficiaries
LIRA CITY, June 27, 2026 — Several leaders of a Parish Development Model [PDM] SACCO in Lira City have been arrested over allegations of fraud and extortion involving PDM funds, with authorities…
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News
UCSCU urges stronger governance and technology adoption to strengthen SACCOs
KABALE, June 25, 2026 — The Board Chairperson of the Uganda Cooperative Savings and Credit Union Limited [ UCSCU ], Col. Allan Kitanda, has called for stronger governance systems, greater transparency, and…
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Cooperatives & Communities
Diaspora savings drive new climate investment model in Kenya through SACCOs
NAIROBI, June 23, 2026 — Nearly US$ 5 billion in annual remittances from the Kenyan diaspora is set to support climate solutions through a new initiative that creates a direct pathway for…
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News
Emyooga: Kitgum Tailoring SACCO grows Shs 60mln seed capital to Shs 116mln in four years
KITGUM, June 23, 2026 — The Kitgum Municipality Tailoring Savings and Credit Cooperative Society Limited [SACCO] has grown its Emyooga seed capital from Shs 60 million to Shs 116mln in savings and…
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News
Western region SACCO leaders set to meet in Kabale for annual convention
KAMPALA, June18, 2026 — The Uganda Cooperative Savings and Credit Union Limited [UCSCU] will convene the 5th Annual Western Region SACCO Convention later this month where leaders will seek strategies to strengthen…
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Cooperatives & Communities
Kikuube: Election of PDM SACCO leaders suspended over mistrust
KIKUUBE, June 18, 2026 — The election of Parish Development Model Savings and Credit Cooperative Organisations [PDM SACCO] leaders in Bugambe Parish, Bugambe Sub-county, Kikuube district, has been suspended following protests by…
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News
Financial literacy is necessary, but it is not sufficient on its own
KAMPALA, June 16, 2026 — For decades, financial literacy has been viewed as the answer to financial exclusion. The assumption has been simple: if people understand financial products, they will naturally use…
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