The management and staff of Wazalendo SACCO, Exodus SACCO, Uganda Revenue Authority (URA) SACCO, Steadfin SACCO, and the Franciscan Investment Cooperative have completed a five day refresher course.

Wazalendo SACCO is a Co-operative Society set up by the Ministry of Defence and Veteran Affairs and Uganda Peoples' Defence Forces 

The May 03 release from UPDF states that the training is focused on the SACCO business model and philosophy.

Organised by the Africa Confederation of Cooperative Savings and Credit Associations (ACCOSCA) in collaboration with the Uganda Cooperatives Savings Credit Union (UCSCU), the meeting (April 29 -May 2nd ) was held at the Imperial Golf View Hotel, Entebbe.

The Executive Officer of ACCOSCA, George Ombado, said the training enabled participants to understand the SACCO business model and philosophy better, deepen their comprehension of the SACCO structure and improve their ability to identify members' needs and map them out effectively.

"Our presence here reflects our efforts to continuously professionalise the SACCO movement in Uganda and the continent as a whole," said Ombado. 

The Chief Executive Officer of UCSCU, Sylvester Ndiroramukama, expressed  gratitude to the ACCOSCA leadership for prioritising the empowerment of SACCOs in Uganda. 

He emphasised that the training session focused on the cooperative identity, the SACCO philosophy, and the significance of members as the primary foundation on which SACCOs build their sustainability.

The Chief Executive Officer of Wazalendo SACCO, Col Joseph Freddy Onata,  encouraged staff to impart the knowledge they have acquired from the training to the members of their respective SACCOs. 

ACCOSCA is a Pan-African confederation of national associations of savings and credit cooperatives societies established in 1968. 

The General Assembly, t(the organisation's highest body,)  consists of 29  countries. It convenes annually in different member states within the region to ensure that the activities of ACCOSCA remain relevant in addressing the challenges faced by Africa.