SACCOs
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News
Stanbic, Buganda Kingdom launch ‘Ssemaduuka’ to boost coffee value chain and rural trade
KAMPALA, February 25, 2026 —Stanbic Bank Uganda has partnered with the Buganda Kingdom to unveil a one stop agricultural business centre aimed at strengthening SACCO financing, organising coffee value chains and formalising…
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Accounting Officers warned as Finance ministry revises 2026/27 budget to Shs 78.25 trillion
KAMPALA, February 24, 2026 — Finance ministry’s Permanent Secretary and Secretary to the Treasury [PSST], Ramathan Ggoobi has directed all Accounting Officers in the ministries, departments and agencies [MDAs] not to sign…
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Kenya’s SACCOs eye fintech alliances as digital transactions surge
NAIROBI, February 24, 2026 — Leaders of Kenya’s Savings and Credit Cooperative Organisations [SACCOs] have identified collaboration with financial technology firms [fintechs] as a top strategic priority for 2026, signalling a decisive…
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BoU extends licensing deadline for Large SACCOs to September 2026
KAMPALA, February 24, 2026 — The Bank of Uganda [BoU] has extended the deadline for regulated financial institutions to transact exclusively with licensed large Savings and Credit Cooperative Societies [ SACCOs ],…
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Kotido Municipality struggles to recover Emyooga funds
KOTIDO, February 11, 2026 — Kotido Municipality is grappling with the recovery of funds disbursed to the beneficiaries under the Emyooga programme, a Government of Ugandan initiative aimed at creating wealth and…
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WSACCO launches construction of Nakasongola branch
NAKASONGOLA, February 9, 2026 — Wazalendo Savings and Credit Cooperative Society Limited [WSACCO] has launched the construction of a commercial complex in Nakasongola district. The groundbreaking ceremony was officiated by the General…
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MTIC holds cooperative clinic in Jinja to revitalise Busoga sector
JINJA, February 5, 2026 — The continued collapse of cooperatives in the Busoga Sub-region has left many residents trapped in persistent poverty and slowed local development, with some families unable to afford…
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Bushenyi: PDM SACCO Chairperson remanded over extortion allegations
BUSHENYI, February 4, 2026 – The Chairperson of the Magoma Parish Development Model Savings and Credit Cooperative Organisation [PDM SACCO] in Kahungye Parish, Nyabubare Subcounty in Bushenyi district, has been remanded to…
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SACCO leaders applaud Museveni’s pledge to extend tax holiday
MBARARA CITY, February 3, 2026 – Leaders of Savings and Credit Cooperative Organisations [SACCOs] in Western Uganda have expressed relief and renewed focus on development following President Yoweri Museveni’s pledge to extend…
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Only Shs 9.34bln recovered from PDM beneficiaries-Auditor General
KAMPALA, January 31, 2026 — Only Shs 9.340 billion has so far been recovered from beneficiaries of the Parish Development Model [PDM] despite government having cumulatively released more than Shs 3.258 trillion…
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