Sacco
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Business
Police Sacco profit jump 90% in 2019
Malawi Police Sacco had a better year in 2019 as it saw its profitability surging by 90 percent. This was…
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Business
Thyolo Sacco profit at K144 million
By Isaac Salima: Thyolo Teachers Savings and Credit Cooperative (Sacco) has registered a K144 million profit during the year ending…
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Civil Servants Sacco posts K547 million profit
By Patience Lunda: The United Civil Servants Savings and Credit Cooperative (Sacco) posted a K547 million profit in the year…
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Business
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There is confusion among industry players in the Savings and Credit Cooperatives (Sacco) over the three-month, case by case moratorium…
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Business
Musco advocates for financial inclusion for minority groups
By Elita Soko: Malawi Union of Savings and Credit Co-operatives (Musco) is advocating for the inclusion of individuals with special…
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Business
Sacco advocates savings culture
One of the country’s savings and credit cooperatives (Sacco), Mudi Sacco, has rolled a youth savings service to encourage savings…
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Business
‘Sound policies ideal for cooperatives’ growth’
Poor policies on Savings and Credit Cooperatives (Saccos) are affecting operations and growth of some cooperatives in the country. Malawi…
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Muscco unveils 5-year strategy
The Malawi Union of Savings and Credit Cooperatives (Muscco) on Saturday unveiled a five-year strategy to guide its operations from…
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Business
UN Sacco surplus up by 35 percent
By Chimwemwe Mangazi: United Nations (UN) Sacco has grown its profits for the year ended December 2018 by 35 percent,…
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Mzinda Sacco posts K18 million profit
Mzinda Savings and Credit Cooperative (Sacco) has posted K18 million profit for the year ending December 31 2017, compared to…
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