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Parliament SACCO struggles to release savings of 34 deceased MPs over widow wrangles

Parliament SACCO struggles to release savings of 34 deceased MPs over widow wrangles

The late Kawempe South MP Muhammad Ssegirinya’s case is the most complicated.The Uganda Parliamentary Savings and Credit Cooperative Organisation (SACCO) is withholding savings belonging to at least 34 deceased legislators due to bitter disputes among i

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Parliamentary Sacco Assets Rise 14% to Shs 86.3bn

Parliamentary Sacco Assets Rise 14% to Shs 86.3bn

Uganda Parliamentary SACCO has registered growth in its assets base in the last financial Year 2024-2025.The SACCO current assets stands at 86.3 billion from 75.8 billion in the FY 2023/2024 representing a 14% growth.The CEO of the sacco Mureebe Methods Muhakuna revealed this during

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President Museveni’s Empowerment Drive Sees 300 Motorcycles Handed Over to Kawempe Boda Boda SACCOs

President Museveni’s Empowerment Drive Sees 300 Motorcycles Handed Over to Kawempe Boda Boda SACCOs

President Yoweri Kaguta Museveni’s nationwide initiative to economically empower grassroots groups has once again taken centre stage, with 300 brand-new motorcycles handed over to boda boda riders under various SACCOs in Kawempe.The handover ceremony, held at Growers Playground in Kawemp

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BoU Pushes New Credit Rules to Unlock Loans for Every Ugandan

BoU Pushes New Credit Rules to Unlock Loans for Every Ugandan

David Kalyango, the Executive Director of Supervision at the Bank of Uganda, explained the vision: ensuring that every Ugandan, no matter their type of work, can access credit to grow businesses, boost investments, and drive development.The Bank of Uganda has been locked in a heated debate

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25 things to do before the year runs out

25 things to do before the year runs out

As the year comes to a close, it’s a great time to reflect, reset, and recharge. These 25 straightforward actions can help you clear out clutter, recognise your progress, and start the new year with focus and energy.1. Declutter your spaceYour environment affects your mood, focus,

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BoU Reaffirms Regulatory Control Over Large SACCOs, Moves To Quell Sector Misconceptions

BoU Reaffirms Regulatory Control Over Large SACCOs, Moves To Quell Sector Misconceptions

The Bank of Uganda (BoU) has reiterated that it remains the lawful supervisory authority over large Savings and Credit Cooperative Organisations (SACCOs), dispelling growing public misconceptions about changes in sector regulation.Mr. David Kalyango, the Executive Director for Supervision

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Police Neutralize Gang Masquerading as Traditional Healers in Mukono

Police Neutralize Gang Masquerading as Traditional Healers in Mukono

Police in Naggalama, Mukono District, have arrested three men accused of masquerading as traditional healers and defrauding members of the public in an elaborate scam that targeted residents seeking healing and wealth.According to police, the suspects—Kakumba Ali, also known as Dalausi o

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Even Gen Otafiire must be shocked by the religious extremists in Yumbe

Even Gen Otafiire must be shocked by the religious extremists in Yumbe

Gen Kahinda Otafiire, the minister of Internal Affairs, must be deeply concerned by the recent events in Yumbe district, where members of the Muslim community reportedly attacked their fellow citizens of the Christian faith.Over the past few days, Muslims in Yumbe, led by the District Khad

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Don't Retire Until You Ask Yourself 4 Crucial Questions

Don't Retire Until You Ask Yourself 4 Crucial Questions

Are you thinking about retiring? Don't make the move without knowing these answers.Retiring is something many workers look forward to for a long time.You don't want to just jump into it, though. Otherwise, you could end up creating a difficult financial situation for yourself, or yo

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Gen .Otafiire, Like All of Us, Must be Shocked by the Muslim Extremists in Yumbe District

Gen .Otafiire, Like All of Us, Must be Shocked by the Muslim Extremists in Yumbe District

Gen. Kahinda Otafiire, the Minister of Internal Affairs, must be deeply concerned by the recent events in Yumbe District, where members of the Muslim community reportedly attacked their fellow citizens of the Christian faith. Over the past few days, Muslims in Yumbe, led by the District Khadi, Sh

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