Cooperatives & Communities
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Gov’t to buy bicycles for parish chiefs
KIKUUBE – Government plans to procure bicycles for parish chiefs to ease their movement as they monitor the Parish Development Model [PDM]. While launching the disbursement of PDM funds in Kikuube district…
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New Zealand: The Cooperative Bank shares US$ 2.5mln profit with customers
WELLINGTON – The Cooperative Bank recently forked out US$2.5 million in rebates to customers across New Zealand. The Wellington-headquartered bank is 100 percent-owned by its customers, who are shareholders, and is also…
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Journey to revive Cooperative Bank begins as gov’t inaugurates steering committee
KAMPALA– Cooperators in Uganda could soon have access to cheap and appropriate financing after the government on Tuesday inaugurated a steering committee to revive the defunct Cooperative Bank whose assets were taken over…
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Gov’t readies extra Shs 134bln for best SACCOs
KAMPALA – Government through the Finance ministry has approved Shs 134 billion to be given as additional seed capital to 6,721 best performing SACCOs across the country. The ministry in an update…
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Monitoring and evaluation key to success of SACCOs
There has been tremendous growth in the cooperative sector in Uganda. Statistics from the Ministry of Trade, Industry, and Cooperatives show that Uganda has over 41,621 registered cooperative societies under their various…
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Apac PDM SACCO leaders arrested over missing funds
APAC – Police in Apac district have arrested four PDM SACCO leaders for failure to account for Shs 51 million meant for the beneficiaries of the Parish Model [PDM]. The SACCO leaders…
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aBi Finance injects Shs 120bln in green agribusiness
MBARARA -aBi Finance Limited in partnership with local commercial banks, Microfinance Deposit-taking Institutions [MDIs], and SACCOs has so far sunk Shs 120 billion in the agribusiness sector in form of cheap credit.…
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You are not beneficiaries of PDM, SACCO leaders, politicians told
APAC – The government has excluded members of the Parish Development Committees [PDCs] as well as politicians at the LCII level from benefiting from the Parish Development Model [ PDM ]. The…
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ACCOSCA promoted to WOCCU direct member organisation
VANCOUVER – World Council of Credit Unions [WOCCU] has an additional direct member organisation. This follows the approval of the African Confederation of Cooperative Savings and Credit Association’s [ ACCOSCA ] promotion…
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ILO, Korean university sign MoU on coops and SSE collaboration
SEOUL – The International Labour Organisation [ ILO ] , and Sungkonghoe University [SKHU] recently signed a memorandum of understanding [MoU] to collaborate on cooperatives and the wider social and solidarity economy…
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