Tag Archives: SACCO

Kampala, Uganda | THE INDEPENDENT | Operation Wealth creation (OWC) Deputy Coordinator Lt. Gen. Charles Angina, has decried the absence of women in the leadership of the UPDF backed UWEZO Cooperative and Investment Society. UWEZO Sacco was launched in 2014 with an aim of promoting economic transformation among the officers …

Kampala, Uganda | THE INDEPENDENT | Auleriano Byarugaba, the former manager for Ruharo Savings and Credit Cooperative Society-SACCO in Ishaka-Bushenyi municipality is on the spot for failure to account for 170 million shillings. The manager at the beginning of the year resigned his position at a time when the district public …

National Coordinator Kamugisha accused of embezzling funds to acquire property Kampala, Uganda | IAN KATUSIIME | Blaise Kamugisha, the National Coordinator of Crime Preventers has in a short time reportedly bought himself four cars, a house, a farm, a shop in Kikuubo; the business hub of Kampala, and prime plots …

Kampala, Uganda | JULIUS BUSINGE | Uganda has the world’s youngest population with over 78% of its population below the age of 30. With just under eight million youth aged 15-30, the country also has one of the highest youth unemployment rates in Sub-Saharan Africa. Such a high and unemployed youth …

Kampala, Uganda | THE INDEPENDENT | BDF is an independent company that was created in collaboration of the Government of Rwanda and the Development Bank of Rwanda (BRD). The fund is one of the implementing institutions of the National SME Development Policy and has been mandated to implement the “Access …

  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 …