Year: 2019

Minister Gume Calls for More Accountability Among Cooperatives

State Minister for Cooperatives Fredrick Ngobi Gume has condemned persistent cases of fraud in cooperatives, arguing that they are undermining the country’s efforts towards cooperatives development. Speaking at Wakiso District’s annual awards…

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Men and youths dominate saccos – report

In Summary There are over 4.97 million individuals as well as corporate or institutional members in SACCOs. Of the individual members, 60.65 per cent are men, while 34.23 per cent are women…

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Endiro Coffee joins ‘Illinois Made’ program

AURORA — Endiro Coffee in Aurora is one of five businesses in Illinois to join the Illinois Made program from the Illinois Office of Tourism. The businesses in the Illinois Made program…

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Museveni Looks to Irrigation and Regional Market to Deliver Uganda’s Industrial Promise

President Museveni has identified agricultural Irrigation and regional integration as the two incentives that will propel the growth of Uganda’s industrial sector. Museveni, who was presiding over the launch of a book…

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Experts Root for Irrigation to Boost Food Security

Kampala: Stakeholders in various chains of agriculture and food security have called for harnessing of irrigation potentials to improve food security and incomes of smallholder farmers. The team of water engineers, agriculturists,…

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UCDA to Crackdown on Traders who Adulterate Coffee Beans

Kasese: Uganda Coffee Development Authority has sworn to intensify operations to crack down on traders and processors who adulterate coffee beans by mixing them with other substances, an action that reduces the…

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Rwenzori Apple Farmers: Microfinance Support Centre Frustrating Us

Kasese:  Apple growers in the Rwenzori region have expressed disappointment with Micro-Finance Support Centre (MSC) for what they say is the funding agency’s failure to advance them funds on time for early…

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Cooperatives’ Registrar Warns Banks Against Irregular dealings with Under-fire UCA Staff

The Registrar of cooperatives in the Ministry of Trade, Industry, and Cooperatives has warned commercial banks in which Uganda Cooperative Alliance(UCA) has accounts, to take extra effort to authenticate any documents pertaining…

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Government Launches New Fund to Support SACCOs Growth

A new fund to help support small businesses’ earning power and boost the financial standing of Saving and Credit Cooperatives Societies has been announced. In a speech to the populace in the…

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Co-op Bank Records Ksh15.45 Billion Profit

The Co-operative Bank Group on Friday, November 15, reported a pre-tax profit of Ksh15.45 billion for the third quarter of 2019. This was a significant improvement compared to Ksh14.64 billion recorded in the…

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