Tag Archives: SACCO

  Robert Ssemakula is the CEO of Dmark East Africa. He spoke to The Independent’s Agnes E Nantaba about the potential of Uganda’s IT sector What are the key elements in your management style as a manager? I am a servant leader who works to solve problems for my staff. …

Traders say increase in taxes, fees, will increase the cost of doing business The cost of living in Kampala is set to rise if the City Authority Council passes the new proposal seeking to slap new taxes and hike the existing ones on various services in a bid to raise …

Other banks say the government needs to urgently pass regulatory framework Stanbic has identified about 1000 agents to deal with as soon as the proposed new agency banking is legalised, according to the Chief Executive Officer of Uganda’s largest bank, Patrick Mweheire. In an interview with The Independent, Mweheire said …

World Bank describes impact on business growth, spending, saving culture. The banking segment is the most visible face of Uganda’s financial sector. So could the bad name it currently carries be hurting individuals and the economy generally? The World Bank Manager in Kampala, Christina Malmberg Calvo, thinks so and she …

  The Deputy Speaker of Parliament Jacob Oulanyah has urged cooperative societies to generate their own income and rely less on donations. While launching the Kibuku United Farmers’ SACCO on Saturday  in Kibuku, the Oulanyah said that there was a tendency of Savings and Credit Cooperative Organizatio (SACCOs) to rely …

The latest threat to commercial banking? At the end of November 2016, the Uganda Revenue Authority’s staff Savings and Credit Cooperative (SACCO) held up to Shs12.6 billion on its account as the cumulative savings of its members.That amount is triple the minimum capital requirement to start a Tier II bank …

Col. Simon Ocan is the chief executive of Wazalendo, the SACCO for the Uganda People’s Defense Forces (UPDF). He spoke to Flavia Nassaka about their operations and pertinent issues to the cooperative movement in the country. What are the key elements in your management style? In management, there are three …