Kampala, Uganda | THE INDEPENDENT | The Committee on Defence and Internal Affairs will examine different bank accounts operated by Police Savings and Credit Cooperative Organization (SACCO), Exodus. This arises from the observation that the Police Sacco which was founded in 2007 has been opening and operating new bank accounts each …
Read More »KIKUUBE: Emyooga SACCO chairperson faces jail term for swindling UGX 15M
Kikuube, Uganda | THE INDEPENDENT | John Paul Mugabe, the Buhaguzi Constituency Mechanic Emyooga Saving and Credit Co-operative Society-SACCO chairperson in Kikuube district is in police custody for allegedly swindling Shilling 15 million belonging to the SACCO. He was arrested on Tuesday on the directives of Haruna Kasolo, the State Minister for …
Read More »MPs question police bosses over management of Exodus Sacco
Kampala, Uganda | THE INDEPENDENT | The Minister of State for Internal Affairs, Gen. David Muhoozi has said that members of the Police’s Exodus Savings and Credit Cooperative (SACCO) are restricted from withdrawing their savings due to liquidity challenges. Muhoozi was on Tuesday appearing before Parliament’s Defense and Internal Affairs Committee, …
Read More »Vendors demand audit of Mbarara Central Market SACCO
Mbarara, Uganda | THE INDEPENDENT | Mbarara Central Market vendors have petitioned the City Council authorities to carry out a special audit of the operations of their SACCO. They say the SACCO has remained inactive since 2014 and they have not received any audit report from the management. The SACCO that …
Read More »Tayebwa directs for inquiry into police SACCO
Kampala, Uganda | THE INDEPENDENT | The Deputy Speaker of Parliament, Thomas Tayebwa, has directed the Committee on Defence and Internal Affairs, to investigate the alleged fraudulent operations of the Uganda Police Savings and Credit Co-operative Organisation (SACCO), Exodus. Tayebwa and fellow legislators gave accounts of responses from police officers, complaining …
Read More »Government to protect Sacco savers’ deposits
Kampala, Uganda | THE INDEPENDENT | SACCO savers are set to get relief from the rampant losses due to group dissolution or liquidation as well as closures for any reason, as the government is set to implement a fund to secure their savings with different SACCOs in the country. The SACCO …
Read More »Speaker Among donates sh20 million to Lira City women SACCO
Lira, Uganda | THE INDEPENDENT | The Speaker of Parliament Anita Among has donated sh20 million towards the establishment of Lira City Women SACCO. The cash donation was handed over to the Lira City Woman MP Jane Aceng Ocero who is also the Minister of Health by Mary Goretti Kitutu, …
Read More »Emyooga beneficiaries in Kasese record success from the program
Kasese, Uganda | THE INDEPENDENT | Beneficiaries of Emyooga program in Kasese district are reporting success since the program was rolled-out in the district more than a year ago. Program beneficiaries who interacted with URN say the seed capital has helped them start or grow their businesses, learn business and saving cultures …
Read More »Police retirees hunted over unpaid UGX 1.2Bn SACCO loans
Kampala, Uganda | THE INDEPENDENT | The leadership of the Police’s Savings and Credit Cooperative Organization (SACCO) is looking for over 100 retirees with unpaid loans worth 1.2 billion Shillings. The chairman of the Police’s Exodus SACCO Wilson Omoding says a majority of the non-performing loans were taken by police officers …
Read More »Deputy Speaker calls for audit of police Sacco
Kampala, Uganda | THE INDEPENDENT | The Deputy Speaker Anita Among has directed the Auditor General to investigate Exodus, a Uganda Police SACCO after Members of Parliament cited irregularities in its operations. Among said the situation in which police officers were living was bad and that encroaching on their savings called …
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