Tag Archives: SACCOs

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 …

Kampala, Uganda | THE INDEPENDENT | Savings and Credit Cooperative Organizations- SACCOs have raised concern about the delay to release funds under the emyooga program. More than 356 SACCOs were registered in Kampala to benefit from the 26 Billion Shillings. By February 12th, the government had disbursed over 4.240 billion Shillings …

Rukungiri, Uganda |  THE INDEPENDENT  |  Kigezi Cooperative Union is struggling to restore primary farmer’s societies in an attempt to reinvent itself and engage in the coffee business. Registered in the 1960s, Kigezi co-operative union society progressed into one of the strongest coffee farmers’ cooperative movements in the country. However, the …

Kampala, Uganda | THE INDEPENDENT | Beneficiaries of the emyooga programme in Kitagwenda district are protesting under funding of their Saccos. Launched in August 2019, the programme aims at creating jobs and improving household incomes of Ugandans in the boda boda industry, taxi drivers, restaurant owners, welders and market vendors. The …

Kampala, Uganda |  THE INDEPENDENT  |  Less than half of the Savings and Credit Cooperative Societies- SACCOs that the government registered to benefit from the Emyooga Initiative have received the funds. The initiative aimed at creating jobs and improving household incomes Ugandans in the Boda Boda industry, taxi drivers, restaurant owners, …

  Kampala, Uganda | THE INDEPENDENT | The government has disbursed 4.240 billion Shillings to 140 Savings and Credit Cooperative Organizations-SACCOs in Kampala as part of the Emyooga initiative. The initiative is aimed at creating jobs and improving household incomes for 68 percent of Ugandans in the boda boda industry, taxi …

Kampala, Uganda | THE INDEPENDENT | 51 Savings and Credit Cooperatives-SACCOs in Katakwi district have each received 30 Million Shillings under the presidential initiative on job and wealth creation commonly known as Emyooga. The zonal manager, Micro Finance Support Center in Soroti, Simon Peter Egiriat says that each SACCO will receive …

Kampala, Uganda | THE INDEPENDENT | Groups that subscribed to benefit from the presidential initiative for wealth and job creation ‘Emyooga’ in Buvuma and Mukono district have raised concerns about the formation of Savings and Credit Cooperative Societies- SACCOs. Several group members claim that they were promised to receive and have …

Kampala, Uganda | THE INDEPENDENT | Bukedea district leaders are questioning the criteria used for selecting beneficiaries of the presidential initiative on wealth and job creation program. The program commonly known as Emyooga targets SACCOs formed in 18 specialized fields that need capital to boost their incomes. Each SACCO is given …