Agencies
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International
Potential candidates named to replace Shell’s outgoing CEO
LONDON-Four candidates have been shortlisted to succeed its Shell’s outgoing CEO, Ben van Beurden, who will step down next year after being at the helm of the powerful energy company, according to…
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International
Co-op sells petrol forecourt estate to Asda for £600mln
LONDON-The Co-operative Group [“Co-op”] has agreed to sell its petrol forecourt business to Asda for an enterprise value of £600 million, its officials say. The transaction includes 129 petrol forecourt sites, spread…
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Cooperatives & Communities
Mauritian Minister visits India to learn more about cooperatives
GUJARAT – Revealing a desire to acquaint himself with the cooperative movement in Gujarat, Soomil Duth Bholah, the Mauritian Minister of Cooperation and SMEs recently visited the famous Indian state. According to…
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News
Co-op Group gets lady CEO
LONDON – The Co-op recently announced Shirine Khoury-Haq as its Group CEO. Commenting, Allan Leighton, Chair of Co-op said; “I’m delighted that Shirine has accepted the invitation to lead and develop our…
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Cooperatives & Communities
Kenyan parliament set to approve Saccos inter-lending facility
NAIROBI– Savings and Credit Co-operative Societies [ Saccos ], allowed to receive deposits from the public, are hoping that the next Kenyan Parliament will fast-track the establishment of a Central Liquidity Facility…
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Development
Stakeholders in India join hands to promote innovation in co-ops
NEW DELHI-The global major cooperative from India, IFFCO, and the National Productivity Council [NPC] under the Ministry of Commerce have resolved to join hands to promote innovation and productivity in Indian cooperatives.…
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International
Group calls for fairness in Christian cooperatives in Bangladesh
DHAKA– A forum of Christian cooperatives in Bangladesh wants to establish systems to resolve leadership disputes, curb corruption, tackle bad loans, and de-risk financial transactions, according to ACA News. Members of the Central Association…
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International
Ukraine wheat will ease hunger in Ethiopia – WFP
UN-The World Food Programme [WFP] says 30,000 tonnes of Ukrainian wheat bought for its operations in Ethiopia is expected to arrive in neighbouring Djibouti next week. Claire Neville, the WFP’s spokesperson for…
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International
New digital data collection tool, RASME, to help Uganda address project delays
KAMPALA– A new digital platform [ RASME ] will accelerate data collection in Uganda, which could greatly speed up project implementation. RASME acronym of Remote Appraisal, Supervision, Monitoring and Evaluation in Uganda…
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East Africa
KITE rebrands to Keystone Sacco as it eyes new markets
NAIROBI-Keystone DT Sacco formerly KITE Sacco has officially launched its new name setting the stage for major expansion, Kenyan media outlets say. Sacco Board Chairman, Esau Ogada said rebranding KITE was geared…
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