savings
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Cooperatives & Communities
Kyotera project gathers over 700 SACCOs to raise capital for members
KYOTERA-At least 730 community-based Savings and Credit Society Co-operatives [SACCOs] in Kyotera district have come together under a new arrangement to raise more funds for members as they engage in income-generating activities.…
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East Africa
Stima DT Sacco transforming traditional Sacco banking
NAIROBI-According to a recent advertorial, a new path is lighting up for the Sacco sub-sector in Kenya. Product innovation and the deployment of technology have transformed traditional Sacco banking across the country.…
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News
Legislators to have midterm access to pension contributions
KAMPALA-Members of the Parliamentary Pension Scheme are poised to access 20 percent of the money they contributed if President Museveni assents to an amended bill. The Parliamentary Pensions [Amendment] Bill, 2022, introduced…
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Cooperatives & Communities
Angry Ikwera Sacco members demand for their savings
KWANIA-Leaders of Ikwera SACCO are under pressure after failing to release Shs 114 million savings for its members. The SACCO located in Aduku town council, Kwania District currently has over 1,000 members…
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Cooperatives & Communities
1.18mln in Kenya halt sacco savings, says regulator
NAIROBI– Business Daily reports that over 1.18 million savers in Kenya last year stopped making monthly contributions to savings and credit cooperative societies [Saccos], suggesting a difficult recovery of the jobs market…
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Cooperatives & Communities
MPs urge journalists to engage in business
KIBAALE– Members of Parliament from Greater Kibaale have advised journalists to establishing business ventures that can supplement their meager salaries. The call was made by the Members of Parliament from Kibaale, Kakumiro,…
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Cooperatives & Communities
Amuru moves to organise elections for PDM SACCO leaders
AMURU– Amuru District Local Government is in advanced preparations to organise elections for members to be on the committees of the Parish Development Model SACCOs [PDM SACCOs]. Initially, the interim PDM SACCO…
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Cooperatives & Communities
Robust reforms have revitalized co-operative sector in Kenya- President Kenyatta
NAIROBI-Kenyan President Uhuru Kenyatta has attributed the rapid growth of the cooperative sector in his country to the policy reforms the government has implemented since 2013. The President noted that the reforms…
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Cooperatives & Communities
Mbarara: RCC urges Emyooga SACCOs on marketing
MBARARA– The Resident City Commissioner [RCC] Mbarara City North, Robert Kanusu has asked leaders Emyooga SACCOs to tap into the available market, if the SACCOs are to grow and boost incomes of…
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News
Shs 100mln support boosts Lira University SACCO
LIRA– Lira University Staff Savings and Credit Cooperation Organisation [SACCO]is fast-growing after receiving financial support of Shs100 million from President Yoweri Museveni. According to Emma Okite, the Dean of Students, the university…
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