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UCSSACCO LAUNCHES MPONELA BRANCH

calendar_today Feb 24, 2026

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schedule 3 weeks ago

UCSSACCO LAUNCHES MPONELA BRANCH

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On 24th February 2026, United Civil Servants SACCO proudly launched its Mponela Branch at the heart of Mponela, marking a significant milestone in the institution's continued growth and expansion.

The event was officially graced by the Deputy Governor of the Reserve Bank of Malawi, Mr. Henry Mathanga, who served as Guest of Honour. In his keynote address, he recommended United Civil Servants SACCO as the torchbearer among all SACCOs in Malawi. He commended the institution for its remarkable achievements, strong governance, and financial discipline, describing it as a shining example of resilience and sustainable growth within the country's cooperative financial sector.

The CEO of Malawi Union of Savings and Credit Cooperatives (MUSCCO), Mr. Fumbani Nyangulu, also applauded the SACCO for raising the standards of the SACCO movement in Malawi. He praised its leadership, innovation, and consistent growth, further acknowledging the United Civil Servants SACCO Board as one of the most organized and influential boards within the cooperative movement.

The Board Chair of United Civil Servants SACCO, Mr. Fletcher Mhango, expressed pride in the SACCO's achievements and growth trajectory. He highlighted the unity between the Board, Management, and the members as the foundation of the institution's success and reaffirmed the Board's commitment to sound governance and strategic leadership.

In his remarks, the Chief Executive Officer of United Civil Servants SACCO, Mr. Francis Waliwa, assured members and stakeholders of the SACCO's continued growth and national impact. He emphasized that the institution remains financially strong and forward-looking. Mr Waliwa also introduced the new diaspora membership initiative, which will allow Malawians living abroad to save and invest through the SACCO, contributing to increased foreign exchange inflows and supporting Malawi's economic development.

The launch of the Mponela Branch therefore stands as a testament to United Civil Servants SACCO's unwavering commitment to growth, excellence, and member empowerment across the nation.

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Feb 24, 2026

3 weeks ago

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