Agencies
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International
Bardoli Janata Cooperative celebrates Millet Day
NEW DELHI– Bardoli Janata Co-operative Credit Society in India recently held a Millets festival in which local villagers and members took part in celebrating 2023 as the International Year of Millets. Inaugurating…
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International
Co-op members to have their say and help towards raising £5mln for Barnardo’s
LONDON – Members of the UK’s largest co-operative business are being encouraged to participate in voting as part of Co-op’s 2023 AGM and help towards raising £5 million for Barnardo’s – the…
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East Africa
Tabasamu SACCO storms billionaires’ club
NAIROBI-Tabasamu SACCO has crossed the one billion mark to join the league of billionaire SACCOs in Kenya, according to local news agencies that have reported on the financials of the microfinance institution.…
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International
COOP opens first automatic store in the Czech Republic
PRAGUE – For the first time, customers will be able to do shopping in Czech Republic independently thanks to the first COOP automatic store in the country, located in the small historic…
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International
Rising population anxiety as India overtakes China as world’s most populous nation
NEW YORK-New data reveals population anxieties are widespread and governments are increasingly adopting policies aimed at raising, lowering or maintaining fertility rates. But efforts to influence fertility rates are very often ineffective…
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Africa
Moroccan agricultural cooperative sector, key player in self-employment, says local think tank
RABAT – The Moroccan agricultural cooperative sector is a key player in self-employment and income generation through territorial anchoring, the Policy Center for the New South (PCNS) said recently in a report.…
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Development
APCYS 4.0 slated for July 2023
KUALA LUMPUR – The Asia Pacific Cooperative Youth Summit [ APCYS 4.0 will be held in Sabah, Malaysia from 27 – 30 July 2023. APCYS acts as a platform for youth across…
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East Africa
AfDB approves trade finance transaction guarantee facility to Bancobu
BUJUMBURA – The African Development Bank [AfDB] Group has approved a trade finance transaction guarantee facility to Banque Commerciale Du Burundi [ Bancobu ], Leveraging Bancobu’s strategic footprint in the East African…
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Finance & Banking
Silicon Valley Bank and the double-edged sword of digital efficiency
LONDON – The collapse of Silicon Valley Bank perfectly exemplifies the dangers of digital finance. During the bank run in March – enabled by the increased speed and efficiency of digital finance…
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East Africa
Imarika Sacco releases impressive financial statement
NAIROBI -Imarika SACCO defied a harsh business environment in 2022 to post growth, according to Kenyan news agencies. The growth was boosted by its asset base, which improved to Ksh 11.66 billion…
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