Museveni halts Central Bank directive on Sacco licensing.
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Date
2026-02-02
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Publisher
Daily Monitor
Abstract
President Museveni has directed the Bank of Uganda (BoU) to halt threats and directives aimed at forcing savings and credit cooperative organisations (SACCOS) to apply for licences, arguing that the central bank should limit its role to oversight rather than direct control.
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Newspaper Article
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Citation
Samilu, B. (2026). Museveni halts Central Bank directive on Sacco licensing. Daily Monitor