Sacco Archives – CEO East Africa

Stanbic Bank Uganda’s net profit surge to UGX 236 billion in the first half of 2024

by Paul MurungiCompany NewsAugust 18, 2024August 18, 2024

Stanbic Bank Uganda has maintained a strong growth momentum in the first half of 2024 posting a profit of UGX 236 billion on its income statement. This represents a 17.6…

FutureLink Technologies And gnuGrid CRB launch the First SACCO Industry Dashboard and Credit Score in Uganda

by Paul MurungiCompany News News & AnalysisMay 29, 2024May 29, 2024

FutureLink Technologies and gnuGrid CRB have launched Uganda’s first Savings and Credit Cooperative Organization (SACCO) Industry Dashboard and Credit Score. The innovative Dashboard allows SACCOs and Microfinance Institutions (MFIs) to refine their growth strategies and develop relevant financial products by utilising real-time industry data. Additionally, the SACCO Credit Score, created in partnership with gnuGrid CRB, streamlines the lending decision process…

Are SACCOs really transforming poor Ugandans?

by theceomaTop 10August 20, 2013February 20, 2014

By Taddewo Senyonyi Savings and Credit Cooperative Societies (SACCOs), if properly managed and run according to the principles, there’s no doubt they can increase financial inclusion in Uganda and ultimately transform Uganda’s economy….