Tag Archives: SACCO

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 …

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 …