savings
-
News
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…
Read More » -
News
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…
Read More » -
News
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…
Read More » -
News
Sebei widows and widowers launch SACCO to boost economic empowerment
KAPCHORWA, November 13, 2025 — The Sebei One Widows and Widowers Association has launched a Savings and Credit Cooperative Organisation [SACCO] to promote economic empowerment, savings and investment among widows and widowers…
Read More » -
News
First-ever mobile coop clinic launched in Mbarara with special focus on mobilising capital for new Cooperative Bank
MBARARA CITY, November 13, 2025 – The Ministry of Trade, Industry and Cooperatives [MTIC], through the Office of the Registrar of Cooperatives, has launched its first-ever mobile coop clinic in Mbarara City,…
Read More » -
News
UCSCU refutes reports on SACCO registration with Bank of Uganda
KAMPALA, November 10, 2025 — The Uganda Cooperative Savings and Credit Union [ UCSCU ] has dismissed reports suggesting that Savings and Credit Cooperative Organisations [SACCOs] have been ordered to register with…
Read More » -
News
World Savings Day: Here is what you need to know
KAMPALA, October 31, 2025 — Every October 31, World Savings Day reminds us that even small savings can lead to big changes. Whether it’s setting aside a few coins in a piggy bank or…
Read More » -
News
Youth-led VSLA commends gov’t for availing affordable finance
APAC, October 24, 2025 — The Maruzi Youth Village Savings and Loan Association [VSLA], based in Apac Municipality, has praised the government for its continued financial support through the Microfinance Support Centre…
Read More » -
News
Kotido: PDM funds diversion raises concerns over economic growth and poverty reduction
KOTIDO, October 23, 2025 — The Parish Development Model [PDM] initiative in Kotido district is grappling with diversion of funds by the beneficiaries who have spent the money on consumption, jeopardising the…
Read More » -
News
Shuuku SACCO distributes coffee seedlings to boost production in Ankole Sub-region
SHEEMA, October 21, 2025 – Shuuku Cooperative Savings and Credit Society Limited [Shuuku SACCO] has launched a coffee seedling distribution campaign aimed at boosting coffee production and improving the livelihoods of its…
Read More »