Posted inBanking

Speaker gives large SACCOs more time to meet Bank of Uganda licensing rules

KAMPALA – Speaker of Parliament Jacob Marksons Oboth has directed the Ministry of Finance to begin drafting amendments to the law governing savings and credit cooperatives (SACCOs), and has given large SACCOs more time to comply with Bank of Uganda (BOU) licensing requirements. The directives were issued at a meeting in Parliament on Wednesday. It […]

Gift this article