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News
Large SACCOs must be regulated by BoU – Attorney General
MBARARA CITY, January 13, 2026 – The Attorney General [AG], Kiryowa Kiwanuka, has advised the Bank of Uganda [BoU], the Ministry of Trade, Industry and Cooperatives [MTIC], and the Ministry of Finance…
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Lira Tailors’ Emyooga SACCO registers steady progress amid few challenges
LIRA CITY, January 13, 2026 — Lira Municipality Tailors Emyooga Savings and Credit Cooperative Society [SACCO], based in Barogole Ward, Lira City, has recorded steady progress since its establishment in 202, despite…
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Gov’t announces SACCO reforms to protect members’ savings
NAIROBI, January 11, 2026 — The Kenyan Government has announced wide-ranging reforms to Kenya’s cooperative financial system following governance failures that resulted in losses of Ksh 13 billion at the Kenya Union…
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Lango Clan Leaders’ SACCO members urged to buy more shares to boost capital base
LIRA CITY, January 7, 2026 – The leadership of the Lango Clan Leaders’ Savings and Credit Cooperative Society Limited [SACCO] has urged its members to increase their shareholding in order to strengthen…
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MSC introduces news loan product for market vendors
KAMPALA, January 4, 2026 — The Government of Uganda, through the Microfinance Support Centre [MSC], has introduced the Katale Loan, a new financing product aimed at empowering market vendors and small-scale traders…
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MCs and media panellists receive Shs 100mln to boost SACCO
HOIMA, December 5, 2025 — Masters of Ceremonies [MCs] and media panellists in the Bunyoro Kitara Kingdom have reason to celebrate after President Museveni injected Shs 100 million into their Savings and…
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Sheema teachers form SACCO to boost their financial independence
SHEEMA, Nov, 28, 2025 — Teachers in Sheema district have launched a Savings and Credit Cooperative Organisation [SACCO] in an effort to strengthen their financial independence and reduce reliance on high-interest local…
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KENYA: 25,000 SACCOs face closure over failure to file audited financial statements
NAIROBEI, November 27, 2025 — A total of 25,000 Savings and Credit Cooperative Organisations [SACCOs] in Kenya are facing deregistration after failing to prepare and file audited financial accounts, placing over Ksh…
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Kenya: SACCOs urged to raise performance
NAIROBI, November 22, 2025 — Savings and Credit Cooperative Organisations [SACCOs] in Kenya have been urged to intensify efforts to strengthen capital retention by expanding credit access to their members. Loan provision…
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Gulu City Council pushes for casual workers’ cooperative
GULU CITY, November 20, 2025 — Gulu City Council has approved an ordinance to recognise, protect and support casual and domestic workers, a move that will enable the formation of a cooperative…
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