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Tag Archives: cooperatives

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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Kabaka calls for boost to restoration of cooperatives

Entebbe, Uganda | THE INDEPENDENT |  The Kabaka of Buganda Ronald Muwenda Mutebi II has asked the government to re-engage communities in the quest to restore cooperatives. He said that the cooperative movement was the engine for Uganda’s development in the past and that it needed to be revived to help …

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Will Uganda’s bank for cooperatives be a reality?

Cooperative banks worldwide were financed by cooperatives societies  Kampala, Uganda | ISAAC KHISA | For some time now, Uganda’s cooperatives societies have expressed the need to re-establish the Cooperative Bank as their main source of capital for production, processing, diversification and value addition. Whereas they seem to have made a …

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Mukwaya visits West Uganda, says women’s fund UWEP starting to bear fruits

Kisoro, Uganda| THE INDEPENDENT |  Gender Minister Hajat Janat Mukwaya has said the fruits of the Uganda Women’s Entrepreneurship Programme (UWEP) are begining to show countrywide, with more groups making big strides in fighting poverty in Uganda. Minister Mukwaya alongside the Permanent Secretary Pius Bigirimana and the Programme line managers are …

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Managing a Shs 180bn SACCO

Col. Simon Ocan is the chief executive of Wazalendo, the SACCO for the Uganda People’s Defense Forces (UPDF). He spoke to Flavia Nassaka about their operations and pertinent issues to the cooperative movement in the country. What are the key elements in your management style? In management, there are three …

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