Cooperatives & Communities
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Police investigate the embezzlement of UGX 69M at Nyalit Coop
A police investigation is underway after some members of the Bukwo-based Nyalit Cooperative Society raised a red flag over alleged embezzlement of the cooperative’s funds. The said money, UGX 69 million, is…
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Mwalimu SACCO members query pay deductions
Mwalimu National Sacco members in Western Kenya have threatened to stop their monthly contributions to the Sacco. The members claim that the Sacco has been making unauthorised deductions from their salaries.On Monday,…
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SACCOs Moot Members’ Reverification to Combat Multiple Borrowing
Managers of Savings and Credit Cooperative Societies (SACCOs) in Sembabule district are calling for strict enforcement of governing regulations to combat multiple memberships in the districts’ SACCOs, saying it is stifling the…
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Government to Support the Recovery of North Bukedi Cooperative Union
BUDAKA: The ministry of Trade, Industry, and Cooperatives has embarked on a program to revive the collapsing North Bukedi Cooperative Union [NBCU] by actively reviving all the dead primary societies which were…
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Global cooperative movement meets in Kigali to discuss development
Participants from 95 countries from around the world have gathered in Kigali for the international cooperative conference that is discussing how to advance socio-economic development through the cooperative movement. Over 1,000 participants…
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Cooperators Urge Museveni to Assent to the Landlord and Tenant Bill or Risk Losing 2021 Elections.
Kampala, Uganda: Traders under the Kampala Arcaders and Traders Association (KATA) have challenged President Museveni to sign the Landlord and Tenant Bill into law, or risk losing the next general elections in…
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Lamwo Farmers Threaten to Quit Cooperative over Insufficient Market
Nearly 200 farmers in Lamwo district are threatening to quit their cooperative society – Agoro Cooperative Society in Agoro Sub County for failure to secure for them market for their produce. The…
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SACCOs Urged to Fulfill their Membership Obligations
Uganda Cooperative Savings and Credit Union (UCSCU), chairperson, Jalia Bintu Lukumu has asked SACCOs to fulfill their membership obligations to enable the smooth running of the projects. While addressing the SACCO chairpersons…
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Learning from Others’ Mistakes has enabled Masaka SACCO to Thrive for 2 Decades
Started as a village Savings Club in Masaka Municipality, Masaka Micro-Finance and Development Co-operative Trust Limited has emerged as the biggest Micro Finance Institution in Masaka sub-region. MAMIDECOT, as the now –member…
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Government registers over 240 fishing cooperatives
From George Maponga in Masvingo: Government has registered over 240 fishing cooperatives here as it seeks to leverage on the province’s high dam density to improve household disposable incomes and grow the…
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