Tag Archives: SACCOs

Kampala, Uganda | THE INDEPENDENT | Tension is mounting among casual labourers employed by Kampala Capital City Authority-KCCA. This follows a decision by 7 Hills, which is volunteering with KCCA to recruit workers for the same jobs held by casual labourers. One of the workers who chose to identify himself …

Kampala, Uganda | THE INDEPENDENT | Nine people have been arrested in connection to the embezzlement of Sh11 billion meant for teachers. The money was part of the Sh25 billion which was released by the Ministry of Finance as a revolving fund to improve the welfare of teachers in government …

Sam Mwogeza is the head, Consumer and High Net Customers at Stanbic Bank Uganda. He spoke to The Independent about the lender’s plan to finance the country’s economic comeback from the pandemic. You have had a successful first half of the year, judging by your Shs 154.9bn net profit. Does …

Bunyangabu, Uganda | THE INDEPENDENT | Members of Parliament from Bunyangabu district have tasked the Resident District Commissioner Jolly Tibamanya to investigate the validity of Emyooga associations. Davis Kamukama, the Bunyangabu County MP and Peace Mutuuzo Regis, the District Woman MP who are currently assessing the impact of the Emyooga program …

Kampala, Uganda | THE INDEPENDENT | Mukono municipality commercial officer Minisa Namukose has instructed banks to stop disbursing money to Savings Credit and Cooperative Societies-SACCOs registered under the Emyooga initiative. This follows irregularities unearthed during the assessment of the program by Members of Parliament. The government disbursed 560 Million Shillings to …

Kyotera, Uganda | THE INDEPENDENT | Members of Parliament from Kyotera district have queried the criteria used to spend more than one billion Shillings under Emyooga, a presidential initiative aimed at wealth and job creation. The scheme was launched in 2019 to enhance the entrepreneurial capacity of selected enterprises and groups …

Masaka, Uganda | THE INDEPENDENT | Bureaucratic tendencies and mistrust among beneficiaries have been blamed for the slow progress of the Emyooga program in Masaka. Several of the intended beneficiaries in the area have continuously lost interest in the program with some withdrawing their membership from Savings and Credit Cooperatives- SACCOs. …

Kampala, Uganda | THE INDEPENDENT | Savings and Credit Cooperative Organization-Saccos in Mukono district are yet to recover funds that were disbursed to beneficiaries under the Emyooga program. The district registered 1,093 associations forming 51 Saccos in Mukono North, Mukono South and Nakifuma County. Each of the Saccos received 30 Million …

Kampala, Uganda | THE INDEPENDENT | The Criminal Investigations Directorate is hunting for more than 70 teachers accused of swindling money released by the government for teacher’s Savings and Credit Cooperation Organisations- Saccos. In an effort to boost the welfare of teachers following numerous strikes over poor pay, President Yoweri Museveni …

Kampala, Uganda | THE INDEPENDENT  |  The Uganda Private Teachers Union has petitioned parliament over the 20 Billion Shillings pledged to private teachers to help them recover from the effects of the covid-19 outbreak. In July 2020, President Museveni pledged 20 Billion Shillings to support teachers in private schools who were …