Regions
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Teachers advised to shun multiple loans
MBALE – Teachers in Mbale district and Uganda at large have been urged to invest part of their earnings in productive activities other than continuously acquiring multiple loans from various financial institutions.…
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Bunyangabu district launches disbursement of PDM funds
BUNYANGABO – Bunyangabu district has launched the disbursement of the Parish Development Model [PDM] funds to 49 parishes. While launching the disbursement of the PDM money to beneficiaries on Friday at Bunyangabu…
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APAC: Carelessness in data collection delays disbursement of PDM funds
APAC – Laxity in the collection of baseline data for the Parish Development Model [PDM] has delayed the disbursement of funds to targeted beneficiaries in Apac District, theCooperator can say. In June…
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Marking 2023 International Day of Cooperatives: LCU chairman congratulates cooperators
LIRA- Lango Cooperative Union [LCU] chairman, Maxwell Ebong Patrick Akora has congratulated cooperators in Uganda and the rest of the world as they mark the 2023 International Day of Cooperatives which happens…
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MPs pass bill to kick start Islamic Banking in Uganda
KAMPALA – The enactment of the Income Tax Amendment Bill No.2 of 2023 has cleared all legal roadblocks to the commencement of Islamic banking products in Uganda. Parliament on Tuesday, 27 June…
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Huge debts force Banyankole Kweterana Coop to sell prime land
MBARARA – Members of the struggling Banyankole Kweterana Cooperative Union [BKCU] have unanimously supported the sale of 55 acres of land located in Kashari North, Mbarara district to enable their union settle…
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Recovery rate for Emyooga funds in Lango Sub-region at 30 percent
LIRA – The loan recovery rate for Emyooga funds in Lango Sub-region currently stands at 30 percent, according to officials responsible for the government programme in the area. Lango Sub-region received has…
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Don’t rush to become MDIs, big SACCO told
MBARARA – The chairman Besania SACCO in Mbarara Benson Nduhura has advised thriving SACCOs in western Uganda to transform into multipurpose cooperatives to boost members’ savings instead of hurrying to become microfinance…
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Emyooga: Apac struggling to recover Shs 50mln from politicians
APAC – Supervisors of Emyooga Programme in Apac Municipality and Apac district are struggling to recover Shs 50 million loaned to different Emyooga SACCOs owned by politicians in the two administrative units.…
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Kabarole district launches disbursement of PDM funds
KABAROLE – Kabarole district has launched the disbursement of Parish Development Model [PDM] funds to the 52 parishes in the district. The Kabarole district PDM focal person, Dr. Salvatore Abigaba said each…
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