<> BENEFITS OF YOUTH SAVINGS ACCOUNT <> Youth savings accounts offer several benefits to young individuals: 1. **Financial Education**: Opening a savings account for youth can serve as an educational tool, teaching them about the importance of saving money, setting financial goals, and understanding how interest works. 2. **Establishing Saving Habits**: By encouraging young people […]


Under the theme Shaping the Future: Empowering Change, the young professionals from across the country  gathered for their 3rd annual Conference. Young Professionals tackled three major topics Roles of Youths in Social- Economic Development of Society, Youths being Drivers of Change & Leadership. The Young Professionals are geared to take part i n the growth […]

2023 Global Women’s Leadership Network (GWLN)

The Malawi Union of Savings and Credit Cooperatives (Musco) has urged Savings and Credit Cooperatives (Saccos) to develop gender policies to provide equal opportunities to both women and men in the workplace. Opening a two-day Global Women’s Leadership Network (GWLN) – Malawi Sister Society Conference in Salima, Musco Head of Cooperatives and Projects Leroy Banda […]

2023 International Day Of Cooperatives

Under the theme Cooperatives Partners for accelerated Sustainable Development, Malawi Federation of Cooperatives (MAFECO) together with the Ministry of Trade & Industry led cooperators in commemorating International Day of Cooperatives. The Ceremony took place on 29th July,2023 at Civo Stadium. MUSCCO & It’s affiliate SACCOs were part of these celebrations. The Head of State Dr […]

2022 Annual General Meeting at Dedza Mountain View Lodge

The AGM was attended by Dedza District Commissioner representative, Musco representative, Central region (Chapter 2) representative, CIC Insurance representatives, Board Of Directors, Management,all zone representatives and department representatives.The Guest Of Honour , The BOD Chair, Musco and Chapter 2 representatives in their speeches emphasized much on how good it is to save more with Saccos […]

2016 International Credit Union Day-SACCOS celebrating the day in Dedza

Credit Unions otherwise known as Savings and Credit Cooperatives, SACCOS, has been celebrated on the Third Thursday of October since 1948 in Malawi and in many parts of Africa as the International Credit Union Day. On this day, SACCO members around the globe take the opportunity to remember Credit Unions’ proud history and promote awareness […]