Agencies
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International
Draft amendments don’t align with Co-op Principles on many points: NCUI
NEW DELHI– Reacting to the draft amendments to Multi-State Cooperative Societies [MSCS] Act 2002, circulated to the national federations in India by the Ministry of Cooperation, several representatives of member institutions of…
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International
Professional co-operators introduce guidelines to root out co-operative quacks
NAIROBI-Kenya Society of Professional Co-operators [KSPC], a sector professional organisation in the cooperative movement of Kenya, has come up with regulation guidelines that seek to root out cooperative quacks, Sacco Review reports. According…
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Development
Global economic recovery slows as risks bite in 2022
LONDON- The global economic recovery is slowing as elevated commodity prices, weakened economic sentiment, and rapid tightening of global rates take their toll, according to Dennis Shen, Director of Sovereign and Public…
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International
Co-op Group announces job cuts as inflation bites
MANCHESTER– The Co-op Group is cutting 400 jobs at its Angel Square headquarters in Manchester, United Kingdom, blaming tough trading conditions and rising inflation. The Group, which employs 63,000 people including 4,000 at…
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East Africa
DR Congo’s growth among highest in region amid significant challenges-IMF
WASHINGTON, DC– According to a recently completed annual assessment by International Monetary Fund [IMF] staff, growth in the Democratic Republic of the Congo [ DR Congo] sharply rebounded from 1.7 percent in…
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International
US electric co-ops to benefit from broadband support
WASHINGTON, DC – The National Rural Electric Cooperative Association [NRECA] has launched a service for electric co-ops that provide broadband or are considering offering it, says Coop News. The NRECA Broadband service is available…
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International
Fairtrade partnership deploys satellite monitoring tool to combat deforestation in Africa
ACCRA– A project using satellite tech to monitor deforestation and assess environmental vulnerability was launched by Fairtrade International, Fairtrade Africa, and non-profit organisation Earthworm Foundation. According to regional news agencies, the pilot project, which uses…
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International
Co‑ops help tackle mental health issues experienced by young people-new report
LONDON– Offering Hope to Future Generations, a new report from trade body Co-operatives UK, finds that mental health, job security, career prospects, a lack of control over working lives, and climate change…
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Sports
Match schedule for Birmingham 2022 Rugby Sevens competition out
BIRMINGHAM– Hot on the heels of the pools announcement, Birmingham 2022 has released the match schedule for the Rugby Sevens competition which will be held from 29 July to 31 July at…
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Cooperatives & Communities
Return to ‘In Person’ a Rousing Success for 2022 World Credit Union Conference
GLASGOW —The 2022 World Credit Union Conference concluded Wednesday with a Scottish-themed closing party that put the finishing touches on a spectacular four-day event at the Scottish Events Campus. 1,600 credit union…
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