Cooperatives & Communities
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Soroti RCC warns PDM SACCO leaders over corruption
SOROTI, November 29, 2023 – The Resident City Commissioner, Soroti, Peter Pex Paak has warned leaders PDM SACCOs against engaging in corruption. The Parish Development Model [PDM] was launched in February 2022…
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RBI appoints administrator for Abhyudaya Cooperative Bank
NEW DELHI, November 28, 2023 – The Reserve Bank of India [RBI] days ago superseded the board of directors of Mumbai based Abhyudaya Cooperative Bank on and appointed Satya Prakash Pathak, former…
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Govt working to revive Soroti Fruit Factory after mismanagement by UDC, says Nabbanja
KAMPALA, November 27, 2023 – Government through Uganda Development Corporation [UDC] is developing regulations for partnership with former Ethiopia First Lady, Azeb Mesfin Haile, to manage the Soroti Fruit Factory, according to…
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Otuke: Shs 100mln raised to support Dero Amon SACCO
OTUKE, November 27, 2023 – Prime Minister Robinah Nabbanja has donated Shs 15 million to support Dero Amon SACCO in Otuke district. Grace Freedom Kwiyucuny, the State Minister for Northern Uganda who…
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Senegal: AfDB agrees loan of nearly €87mln for agricultural hub
DAKAAR, November 24, 2023 – The African Development Bank [AfDB] has approved a €86.89 million loan to Senegal to develop an agribusiness processing zone in the north of the country, with the…
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New members from the Philippines and Côte d’Ivoire join ICA
BRUSSELS, November 24, 2023 – Two new members joined the International Cooperative Alliance [ ICA ] in November 2023, further strengthening the global apex body of cooperatives. According to the ICA, the…
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The Transformative Power of Innovation: Fostering Cooperative Competitiveness Through Innovation
KAMPALA, November 23, 2023 – In an era defined by rapid technological advancements and dynamic social changes, innovations stand as the driving force behind progress. Innovation awards play a pivotal role in…
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MPs want PDM beneficiaries to have more access to banks
KAMPALA, November 23, 2023 – Members of Parliament have called for improved access to banking institutions to enable beneficiaries of the Parish Development Model [PDM] programme to receive funds. The MPs, who…
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Finance Ministry needs Shs 2bln to establish Sugar Board
KAMPALA, November 23, 2023 – Due to the lack of required funds, Government has failed to establish a Sugar Board to regulate the sugar industry, according to the Minister of State Finance…
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Soroti City journalists’ SACCO tipped on record keeping
SOROTI, November 23, 2023 – Executive members of Soroti West City Division Journalists Emyooga SACCO in Soroti City have been advised to keep records if they are to properly manage the SACCO.…
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