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Tag Archives: cooperatives

Govt names steering committee to spearhead Co-op Bank revival

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 …

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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 …

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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 …

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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 …

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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. …

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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 …

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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 …

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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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