Kampala, Uganda | THE INDEPENDENT | The dream of reviving the cooperative bank is getting closer to reality as a steering committee is commissioned by the government. The seven-member committee comprising the cooperative leaders and representatives of top SACCOs has been unveiled with the main objective of kick-starting the process …
Read More »Counterfeit seeds, poor management affecting farmers’ cooperatives
Lira, Uganda | THE INDEPENDENT | Poor management and proliferation of counterfeit seeds in the market have been sighted as the major challenges affecting the operations of farmer’s cooperative unions in the Lango sub-region. The issues came up during a meeting organized by the National Alliance of Agriculture Cooperatives (NAAC) in Uganda …
Read More »Nandali Mafabi announces BCU decision to evict Police posts, Sub County headquarters
Mbale, Uganda | THE INDEPENDENT | Police posts and sub-county headquarters operating on the premises of primary societies under Bugisu Cooperative Union-BCU face eviction. Nathan Nandala Mafabi, the BCU Board Chairperson, says that they have resolved to evict the police posts and sub-county headquarters because they operate on the premises free …
Read More »Besigye, UPC and NUP attend Yona Kanyomozi burial
Ntungamo, Uganda | THE INDEPENDENT | The Former Minister of Cooperatives and marketing Yona Bankobeza Kanyomozi was on Friday laid to rest amidst calls for economic change from opposition leaders. Kanyomozi, 81, succumbed to diabetes at Nakasero Hospital in Kampala on Sunday afternoon and was laid to rest on Friday …
Read More »Savings groups decry multiple microfinance regulations
Bushenyi, Uganda | THE INDEPENDENT | Savings and Cooperative organizations have expressed concern over multiple regulations. The savings and cooperative Organizations currently are regulated by the registrar of Cooperatives, Uganda Microfinance Regulatory Authority, and Bank of Uganda. Speaking at the International Cooperative Day in Sheema Municipality on Saturday, John Njoki …
Read More »Coffee farmers urged to join cooperatives to boost production, market
Mbale, Uganda | THE INDEPENDENT | Coffee farmers in Mbale district have been urged to work through cooperative societies to boot their bargaining power during the sale of their products and the production of coffee. Speaking on Wednesday during the launch of the Fair for All Project by the Southern and …
Read More »Establishment of a Cooperative Bank critical in Uganda’s drive to middle income status
COMMENT | OSCORD MARK OTILE |The co-operative movement comprises of over 800 million people globally, and is found in almost every country. A co-operative is an association of persons united voluntarily to meet their common economic, social, and cultural needs and aspirations through a jointly owned and democratically controlled enterprise. …
Read More »Keep off cooperatives! Ministers warn BoU and finance ministry
Kampala, Uganda | THE INDEPENDENT | The new leadership at the Ministry of Trade, Industry and Cooperatives want the Ministry of Finance, Planning and Economic Development, and the Bank of Uganda, to stay away from the management issues of the cooperative sector. The State Minister in Charge Cooperatives, Frederick Ngobi Gume …
Read More »Kabuleta, Kalembe pledge to revive trade cooperatives
Kabale, Uganda | THE INDEPENDENT | Independent presidential candidates, Joseph Kabuleta and Nancy Kalembe have pledged to revive Cooperatives once elected into power. The duo was campaigning at different venues in Kabale district on Tuesday. Kabuleta spoke to his mobilizers from Kabale, Rukiga and Rubanda districts at Victoria Inn in Kabale …
Read More »Trade Ministry issues new guidelines for cooperatives
Kampala, Uganda | THE INDEPENDENT | The Ministry of Trade, Industries and Cooperatives has issued new guidelines to cooperative societies around the country during this COVID-19 period. Speaking to the media at the Uganda Media Centre in Kampala, Frederick Gume Ngobi, the State Minister for Cooperatives said they have allowed …
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