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Govt moves to streamline SACCOs

Mike Sebalu | September 20, 2023

Government has initiated a process of harmonizing laws that regulate Savings and Credit Cooperative Organisations (SACCOs) across the country. The process involves reviewing and harmonizing laws that will regulate SACCOs, according to Martin Magezi, the assistant director in charge of microfinance at Bank of Uganda. “We are also aware that […]

Business

Cooperatives, SACCOs demand for one law

Tom Brian Angurini | November 30, 2022

 Cooperative unions and Saving and Credit Cooperatives (SACCO’s) across the country have urged government to formulate for them one law to ease regulation. Currently, the Ministry of Trade licenses them through the registrar, Bank of Uganda, and Uganda Microfinance Regulatory Authority. This call was sounded by Mr. Ferdinand Tumuhaise, a […]

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