“We have put sh40b in the Microfinance Support centre in the next financial year to support locally based SACCOs that have registered with it." Bahati...
Access to digital finance is critical if we want to transform Uganda’s largely smallholder agricultural sector.
One of the reasons saccos fail is failure to adhere to the rules and regulations that bind them together.
Over 3,000 illegal SACCOS face ban across the country. Find out whether you subscribe to one of the named SACCOS and why they were banned.
The SACCOs has advised its over 700 members to invest in both human resource development and financial input.
Tumusiime also cautioned against financial indiscipline, such as mixing business resources with family matters, which often leads to closure, especially...
New law on SACCOs
Consolidation seeks to eliminate regulatory gaps, increase protection of financial services consumers and cut administrative costs.
They are told that through their SACCOs, can decide the better interest rates.
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