savings
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Cooperatives & Communities
Masindi Teachers’ SACCO grapples with 40% account dormancy
Masindi Teachers’ SACCO is facing a challenge of 237 dormant accounts (close to 40% of the total), a situation the SACCO’s Chairperson says affects them significantly. Isaac Mugaanzi, the Board Chairperson for…
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Nebbi journalists’ association gets Shs 30m Emyooga funds
The fraternity of journalists in the greater Nebbi districts, under their umbrella, Nebbi-Zombo Media Association (NEZOMA) SACCO, has received Shs 30m in seed capital under Emyooga. Emyooga is a government initiative aimed…
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Cooperatives & Communities
Kwania district launches Teachers’ SACCO
Kwania district officials have launched a teachers’ savings and credit cooperative organization (SACCO). The SACCO, which will accommodate all 1,074 teachers of primary and secondary public schools in the district, was launched…
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Cooperatives & Communities
Savings groups warned against sharing savings for Christmas
Rogers Byamukama, the Federation of Uganda Football Association’s (FUFA) delegate for the Albertine region, has condemned the practice, widespread among savings groups in Masindi district, of sharing their savings among members to…
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Cooperatives & Communities
Munaku Kaama SACCO tipped on mechanisms to mobilize savings, recover loans
As many cooperatives across the country continue to grapple with the COVID-19 pandemic’s disruption of mobilization of members’ savings and recovery of loans, cooperators have been tipped on member-centered strategies they can…
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Cooperatives & Communities
Napak flash floods carry away Shs 2 million worth of village savings
Members of a Village Savings and Loans Association (VSLA) in Lorengechora town council in Napak district are counting double losses after flash floods carried away the association’s savings box containing about Shs…
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