Tag Archives: SACCO

Kampala, Uganda |  THE INDEPENDENT |  Police Exodus Savings and Credit Cooperation Organisation –SACCO Board Chairman Wilson Omoding has downplayed reports of a ban on loans and explained that restrictions are only in place to ensure that only eligible persons access the funds. Omoding’s response comes a few days after some …

Buikwe, Uganda| AFP |  THE INDEPENDENT |  The current lockdown has taken a huge toll on Najjembe Meat and Chicken Vendor’s Savings and Credit Co-Operative-Sacco in Buikwe district. The Sacco, which comprises more than 300 depositors, has been operational for the last three years. The members have depositing between Shillings 10,000 and …

Kampala, Uganda  | THE INDEPENDENT |  The Speaker of Parliament Rebecca Kadaga has advised Muslim journalists to increase savings and invest wisely so that their Savings and Credit Cooperative Organization-SACCO does not collapse. Kadaga made the statement while launching the Muslim Journalists Taqaddum Cooperative Savings and Credit Society Ltd on Friday. …

Kampala, Uganda | THE INDEPENDENT | A surviving group from Uganda Police Force’s 11th intake have regrouped, formed an investment group with an eye on forming their own SACCO. Kakooza Savio Ntensibe, currently a lawyer at the Equal Opportunities Commission (EOC) was on Saturday 15th February, 2020 voted unanimously to …

Kasese, Uganda  | THE INDEPENDENT |  The Parish Community Association (PCA) Program Changing Lives of residents in Bunyangabu district. In 2018, the Office of the Prime Minister launched the program aimed at improving the livelihood of communities at the parish level.   Under the program, a group of 30 members with a …

Kampala, Uganda  | THE INDEPENDENT |  Parliament has passed the Traffic and Road Safety Act 1998 (Amendment) Bill, 2019. The bill among others will strengthen road transport regulation and road safety management in Uganda, address existing challenges such as new and emerging trends, increased number of road users including motorcycles, increased …

Lwengo, Uganda | THE INDEPENDENT  |  There was controversy at the offices of the Lwengo Resident District Commissioner, as members of different enterprise groups converged to elect their leaders. The Lwengo Resident District Commissioner Jjuuko Kasiita on Thursday called for a mobilization meeting for groups of people dealing in different income …

Masaka, Uganda | THE INDEPENDENT  |  The future of Masaka Elder’s Savings and Credit Cooperative Society Limited hangs in balance because of unresolved management disputes threatening its stability.  The SACCO, which started in 2006, is meant to attend to the emerging financial needs of elderly persons in greater Masaka sub region. …

Kampala, Uganda | THE INDEPENDENT | Details have emerged on why the first meeting called by the Deputy Inspector General of Police Major Gen. Stephen Sabiiti Muzeyi as chairman of the Police Exodus SACCO was abruptly postponed on Friday. The Annual General Meeting was called off in a communication issued …

Kampala, Uganda | THE INDEPENDENT  | The Government has rolled out another initiative in parishes targeting specialized groups in a move aimed at job creation and improving household incomes. In the Presidential Initiative on wealth creation and job creation locally referred as Emyooga, each Savings and Credit Cooperative Organization (SACCO) …