Tag Archives: SACCO

Kampala, Uganda | THE INDEPENDENT | The Minister of State for Cooperatives Ngobi Gume has advised an association of the 11th intake (1996) of the Uganda Police Force to form a cooperative so us to uplift the economic status of all their members. Gume outlined the various benefits their association (class …

  Masaka, Uganda | THE INDEPENDENT |  Minister of State for Finance, Planning and Economic Development in charge of Microfinance Hajj Haruna Kasolo Kyeyune has announced an additional sh360 million to be injected into the program in each constituency, with each well-performing SACCO set to receive 20 million. The additional seed …

Kampala, Uganda | THE INDEPENDENT | The government has relaxed conditions that require Emyooga Savings and Credit Cooperative Societies to seek recommendations from district commercial officers before they access money on their bank accounts. In 2020/21, the government released 30 Million Shillings to each of the 18 Emyooga Savings and Credit …

Kampala, Uganda | THE INDEPENDENT | Chairpersons of Emyooga Savings and Credit Cooperatives in the Ankole region are struggling to recover Emyooga funds. Emyooga was launched in 2019 aiming at creating jobs and improving household incomes of Ugandans in various categories including the boda boda riders, journalists, taxi drivers, restaurant owners, …

Rubanda, Uganda | THE INDEPENDENT | The deputy speaker of Rubanda district, Pierre Mbabazi Nyetegyereize and two others are in trouble for alleged mismanagement of funds meant for the Kabale Journalists Emyooga Sacco. Mbabazi, who doubles as the Hamurwa sub county LC V councilor was arrested on Monday for fraudulently acquiring …

Namisindwa, Uganda | THE INDEPENDENT | The police in Namisindwa district has arrested the chairperson of an Emyooga Sacco over alleged misuse of 17 Million Shillings. Anthony Namasata, a resident of Magale town council in Namisindwa district, and chairperson of Bubulo East Constituency Produce Dealers Sacco was arrested on Tuesday from …

Butaleja, Uganda | THE INDEPENDENT | Members of Parliament from Busia and Butaleja districts have raised concerns over the procedures for accessing Emyooga funds. The Emyooga, a presidential initiative on wealth and job creation was rolled out in October 2020 to support among others, market vendors, welders, taxi drivers, boda-boda riders, …

Kampala, Uganda | THE INDEPENDENT |  A year since the commencement of the Presidential Initiative on Wealth Creation dubbed Emyooga, the initiative has so far disbursed Shs 200 billion to SACCOs for online disbursement to the parish-based group.  However, many would be beneficiaries say they have not yet received the money, …

District officials and Micro Finance Support Centre are yet forward names of the SACCOs that are supposed to benefit from the Emyooga funds Pallisa, Uganda | THE INDEPENDENT | Savings and Credit Cooperative Societies- SACCO leaders in Pallisa district have asked the district officials and the Micro Support Center to explain the delays in …

Kanungu, Uganda | THE INDEPENDENT | Two leaders of Kikizi West Constituency Journalists Cooperative Savings and Credit Union in Kanungu district are in trouble over alleged failure to account for part of the Emyooga funds. The two currently being held at Kihihi police station are Eliab Niwagaba, a radio presenter at …