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News
UCA welcomes BoU’s extension of licensing deadline for large SACCOs
KAMPALA, March 9, 2026 — The Uganda Cooperative Alliance [ UCA ] has welcomed the decision by the Bank of Uganda [BoU] to extend the deadline for licensing large Savings and Credit…
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Minister tasks town administrators on infrastructure and post-election harmony
BUSHENYI, February 16, 2026 — The Minister of Local Government, Raphael Magyezi, has challenged Town Clerks across Uganda to position themselves as agents of change and champions of socio-economic transformation within their…
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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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Clear your debts, journalists told ahead of AGM
SOROTI CITY, February 4, 2026 — The Soroti City West Division Journalists’ Association has issued a warning to members with outstanding debts, urging them to clear their arrears ahead of the upcoming…
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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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MTIC to conduct Cooperative Clinic in Jinja City
KAMPALA, January 27, 2026 — As part of a nation-wide drive, the Ministry of Trade, Industry and Cooperatives [MTIC] will conduct a Cooperative Clinic in the Busoga Sub-region from February 2-5, 2026.…
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Kaserem SACCO collapses after years of poor leadership
KAPCHORWA, January 27, 2026 — Kaserem Savings and Credit Cooperative Organisation [SACCO], once one of the most powerful and trusted community financial institutions in Kapchorwa district, has collapsed after years of poor…
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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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