Sunday, May 26, 2024

List Of Best Saccos To Join In Uganda 2023

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Nyongesa Sande
Nyongesa Sandehttps://bizmart.africa
Nyongesa Sande is a Kenyan blogger, Pan Africanist,c olumnist Political Activist , blogger, informer & businesman who has interest in politics, governance, corporate fraud, human rights and television personality.

This is a list of the best SACCOs to join in Uganda as of 2023. Saccos in Uganda mainly strive to bring together people with similar financial backgrounds/ characteristics for a common purpose of saving and investment. There are several Saccos in Uganda that offer such opportunities. However, not all have managed to safeguard the interests of their members to an efficient level.

Meaning of a savings and Credit cooperative society (SACCOs)
A Savings and Credit Co-operative Society(SACCOs) is a type of
co-operative whose objective is to pool savings for the members
and in turn provide them with credit facilities. Other objectives of
SACCOs are to encourage thrift amongst the members and also
to encourage them on the proper management of money and
proper investments practices.

  • SACCOs are legal bodies registered under the Cooperative
    Statute of 1991 & Coop Regulations of 1992.
  • SACCOs are owned by their members through paid up share
    capital, entrance fees and opening of a savings account.
  • Basically, they are economic institutions and must succeed in
    doing business in order to grow, survive and become
    sustainable.

SACCOs according the Cooperative Act cap 112 are registered by the Registrar of Cooperatives in the Ministry of Trade Industry and Cooperatives at Farmers House, Parliamentary Avenue in Kampala.

Here is a detailed list of the best-managed and performing SACCOs in Uganda that you can join.

List Of Best Saccos To Join In Uganda 2023

CPA SACCO LTD

Address: Plot 46 Bukoto St, Kampala, Uganda

Phone: +256 31 2262333

UNS SACCO Uganda

Located in: AGA House

Address: Aga House, Plot 89 Mawanda Rd, Kampala, Uganda

UCCFS Makes Mobile Banking in SACCOs a Reality.

UCCFS has connected over 152 Saccos across the country

Minister Warns SACCOS Leaders on Stealing Funds

Kasaija explains why SACCOs have been exempt from taxes

Strengthen SACCOs, farmers told

Eight years later, farmers still waiting for revival of Cooperative Bank

Uganda to Invest USH 96 Billion in Co-operative Development

International Day of Co-operatives 2016

SACCOs to start paying tax on their profits

USAID Infuses Shs 520B Towards Farmer Cooperatives

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