Agencies
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Cooperatives & Communities
Power consumers in Brazil turn to cooperatives
SAO PAUL – The high power costs and bundled rules for pricing and surcharges in Brazil are making small and medium consumers turn to a new type of distributed generation from cooperatives.…
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News
Stagflation risk rises amid sharp slowdown in growth
WASHINGTON– Compounding the damage from the COVID-19 pandemic, the Russian invasion of Ukraine has magnified the slowdown in the global economy, which is entering what could become a protracted period of feeble…
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News
Tourism recovery gains momentum as restrictions ease and confidence returns
MADRID– Tourism continues to recover at a strong pace. Globally, destinations welcomed almost three times as many international arrivals in the first quarter of 2022 as in the same period of 2021,…
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International
Indian bank penalised for upgrading loan accounts without recovery
NEW DELHI– According to several Indian news outlets, Bassen Catholic Cooperative Bank [UCB], Vasai is regretting why it did not adhere to the recently issued directives governing accounting processes. This is after…
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Cooperatives & Communities
EAC boss to concentrate on regional trade and peace next year
ARUSHA– Deepening economic integration, strengthening regional peace and security mechanisms, and implementing the road map for the attainment of the East African Community [ EAC ] Monetary Union are some of Dr.…
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Cooperatives & Communities
Kenyan regulator cuts levy for new Saccos
NAIROBI– Kenyan Sacco Societies Regulatory Authority [ Sasra ], has cut the proposed annual fees for SACCOs with non-withdrawable deposits to 0.15 percent from 0.165 percent as earlier proposed. The reduction follows…
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International
Casablanca: Theater of dreams for 2021-22 TotalEnergies Champions League final
CASABLANCA– Casablanca, which will host the 2022 TotalEnergies CAF Champions League final on Monday night is one of Morocco’s major cities, the economic capital of the Kingdom and the third largest city…
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Cooperatives & Communities
India marching toward an era of co-op villages- Prime Minister Modi
NEW DELHI– The Indian Cooperative reports that, while addressing co-operators on the theme of ‘Sahakar Se Samriddhi’ [‘Prosperity through cooperation’] at Mahatma Mandir, in Gandhinagar on Saturday, Prime Minister Narendra Modi said…
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Cooperatives & Communities
Candidates announced for the 2022 ICA elections
SEVILLA-A list of 22 candidates for the International Cooperative Alliance [ICA] Presidency and Board of Directors has been confirmed for the elections that will take place at the ICA General Assembly, which…
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Cooperatives & Communities
BoU’s Atingi-Ego shines as women steal show at the African Banker Awards 2022
KAMPALA-Last night the 16th edition of the African Banker Awards Gala Ceremony took place at the Kempinski Hotel, in Accra, Ghana. The event was held under the High Patronage of the African…
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