Tag Archives: SACCO

Mbale, Uganda | THE INDEPENDENT | Mbale residents living with disabilities have contributed money and established a savings and credit society to help finance their individual engagements so as to reduce on the biting poverty levels. Operating under the Mbale Union of Disabled Persons, the newly formed SACCO intends to tap …

Kampala, Uganda |  THE INDEPENDENT | Uganda Nurses and Midwives Union has again threatened industrial action following their botched meeting to discuss their allowances on Thursday.    Justus Cherop Kiplangat, the President of the Union says they went to the Ministry of Public Service to alert the Minister and Permanent Secretary about …

Kampala, Uganda | THE INDEPENDENT | The Minister of State for Cooperatives, Fredrick Gume has tasked the managers of Walimu Cooperative savings and credit union Limited – Wasu to extend credit facilities to teachers attached to private schools so as to boost their monthly incomes. Wasu has a membership of over …

Kampala, Uganda | THE INDEPENDENT | President Yoweri Kaguta Museveni has fulfilled the 200 Million Shillings pledge to the Savings and Credit Cooperative Organization of Buruuli Chiefdom. The President announced the pledge on 10th December 2018 at the coronation anniversary of Isabaruuli Constantine Mwogezi Butamanya, the cultural leader of Buruuli Chiefdom. …

Kampala, Uganda | THE INDEPENDENT | President Yoweri Kaguta Museveni has fulfilled the 100 million shillings pledge he promised the Savings and Credit Cooperative Organization – SACCO of Gulu University staff. The President made the pledge in January this year while officiating at the University’s 15th graduation ceremony that took place …

Tororo, Uganda |  THE INDEPENDENT |  Police in Tororo district are holding 25 vendors who were arrested for allegedly staging illegal demonstrations in Tororo town. The vendors closed their lock ups in demands for the proper management of the park including payment of utilities, among others. The 25 vendors were arrested …

THE LAST WORD: The real story of how teachers’ money was stolen and how the wrong guys were framed and jailed THE LAST WORD | Andrew M. Mwenda | On September 9, all major news outlets in Uganda ran a screaming headline: `Microfinance Support Centre officials charged with embezzlement’. It …

Kampala, Uganda | THE INDEPENDENT | The executive director at Microfinance Support Centre, John Peter Mujuni has said that each teachers’ SACCO will directly get its money. President Yoweri Kaguta Museveni pledged to avail 2 billion shillings to the revolving fund from which teachers could get loans to create side …

Kampala, Uganda |  THE INDEPENDENT | There is growing uncertainty and confusion among private school teachers about the proposed teacher’s Relief Fund. Whereas many teachers are still green about the development, several others are holding endless meetings trying to figure out how they can benefit from the funds, which are meant …

Kampala, Uganda | THE INDEPENDENT | Herbert Kabagunzaki, the Rukiga County Member of Parliament has clashed with Rukiga district male youth councilor Michael Mbareeba Kwarikunda over the Presidential initiative on wealth and job creation (Emyooga) in the presence of the Micro-Finance State Minister, Haruna Kasolo. It all started after Mbareeba …