Tag Archives: SACCO

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) …

Masaka, Uganda | THE INDEPENDENT  |  Masaka Elders Savings and Credit Cooperative Society – SACCO Limited has lost at least 399.7 million shillings to fraud, a special financial audit has revealed. An audit report by Felbright and Company auditors read before the SACCO’s special general meeting convened in Masaka has revealed …

  Kampala, Uganda | THE INDEPENDENT | Walimu Cooperative Savings and Credit Union Limited will receive over shs7 billion in fulfillment of a presidential pledge of shs25 billon. The State Minister for Finance, David Bahati said that the money will be channeled from to the teachers’ SACCO from the Microfinance …

Kabarole Uganda | THE INDEPENDENT | The Speaker of Parliament, Rebecca Kadaga has promised to do whatever it takes to push for electoral reforms that will enable older persons to have representatives in parliament. She made the pledge while launching a Savings and Credit Cooperative Organization – SACCO for older persons …