Financial Literacy Training

Wafanyakazi Credit Union and COFTU Celebrate Workers with Special Gifts

21st, Nov 2025

The Wafanyakazi Credit Union, in partnership with the Central Organisation of Free Trade Unions (COFTU), recently hosted a dynamic and engaging event aimed at empowering workers across Uganda’s diverse sectors. The event brought together employees, union leaders, and financial experts to explore strategies for financial literacy, savings, and investment opportunities tailored for the workforce. Recognizing the critical role that financial knowledge plays in improving workers’ livelihoods, the forum offered interactive sessions on budgeting, responsible borrowing, and planning for both short-term and long-term goals.

Attendees had the opportunity to engage directly with COFTU representatives, who highlighted the importance of collective action in securing fair wages, workplace benefits, and social protections. Through a series of panel discussions and practical workshops, participants gained insight into how credit unions, like Wafanyakazi, can serve as a safe and supportive platform for accessing loans, saving securely, and fostering community-based economic growth. The event also showcased success stories from members who have benefited from credit union services, inspiring others to take proactive steps toward financial stability.

Special sessions focused on youth and women in the workforce, emphasizing inclusion and equitable access to financial tools. Participants were encouraged to leverage available resources to not only meet personal financial goals but also to contribute to the development of their workplaces and communities. Networking opportunities allowed attendees to build connections, share experiences, and collaborate on initiatives that enhance worker welfare.

The collaboration between Wafanyakazi Credit Union and COFTU underscores the shared commitment to promoting economic empowerment, financial education, and social solidarity among Uganda’s workforce. By combining financial literacy with union advocacy, the event created a platform where workers can gain the knowledge, skills, and confidence to manage their finances effectively while advocating for fair workplace practices. Attendees left motivated, equipped with actionable tools, and inspired to champion financial responsibility within their communities.

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