Entries by tc

SACCO Demands Leadership Audit

SHEEMA – Members of Kitagata Savings and Credit Co-Operative Society have signed a petition urging the Chief Executive Officer of Uganda Microfinance Regulatory Authority, UMRA, to audit the SSACCO leadership. […]

SACCOs Tipped On Playbook For Success

KWANIA – Cooperatives should follow a basic playbook for success which has a blend of good financial character and good governance, Patrick Bura, the District Principal Commercial Officer of Kwania, […]

Struggling SACCO Appeals For Bailout

HOIMA – A struggling Teachers’ Saving and Credit Co-operative Society (SACCO) in Hoima Oil City is appealing for a government financial bailout – with good reason. The 175 member Hoima […]

Fuel Theft Derails Oil Roads Construction

KIKUUBE – A steep rise in the theft of cement and hundreds of litres of fuel from Chinese road contractor; China Railway Seventh Group (CRSG) threatens to derail completion of […]

Masindi Demands New Modern Market

MASINDI – A heave of frustration and anger is boiling over in Masindi Municipality as vendors lash out at the delayed construction of a new modern market under the Markets […]

Microfinance Institutions In Trouble In Kwania

KWANIA –In Kwania and Apac Northern districts Savings and Credit Co-operative Societies (SACCOs) have become the preferred go-to lenders threatening to lock out microfinance institutions. The SACCOs are drawing in […]

SACCO Leaders Shun Management Training

HOIMA – Last week Hoima City and the district leadership scheduled two weeks of training sessions in financial literacy for all SACCO leaders that lack basic money management knowledge but […]

Lango Farmers Turn To Hass Avocado

LANGO – Frustrated by poor local yields and wavering low crop prices, farmers in the Northern districts of Kwania, Apac, Lira, Kole and Dokolo are switching to the high value […]

SACCO Saving Kids With Nodding Syndrome

OMORO – Unsupported anymore by the government or Non-Governmental Organizations (NGOs), parents of children battling the debilitating Nodding Syndrome in the northern district of Omoro have turned to saving groups […]

Roadside Business Loans Spur Trade In Nebbi

NEBBI – Loans may keep some people sad and trapped in a cycle of debt, especially when they outpace one’s savings. But Agnes Akumu, 45, a roadside clay pot dealer, […]