Finance & Banking
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Cooperatives & Communities
Teacher arrested for impersonating cooperatives’ officials
Police in Mbarara yesterday morning arrested a secondary school teacher for allegedly ripping off a number of cooperatives around Mbarara…
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East Africa
Money changers smile as business at Elegu border starts to pick up
Money changers at Elegu one-stop border point, Atiak Sub County in Amuru district, have reason to smile as business slowly…
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Cooperatives & Communities
COVID-19 frustrating Cooperatives’ fight against poverty
Kenya’s World Council of Credit Union’s (WOCCU) Country Coordinator, Mark Matabi, has voiced fears that the COVID-19 pandemic is frustrating…
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Kitgum: Farmers, NUSAF official clash over procurement guidelines
Farmers’ groups in Kitgum district have put their NUSAF Desk Officer (NDO) on the spot for allegedly contravening procurement guidelines…
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Kabarole SACCO management alarmed as loan recovery drops to 20 percent
The management of Kihondo Savings and credit cooperative society (SACCO) in Kabarole district has expressed concern about the declining loan…
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Cooperatives & Communities
BoU to battle Sudhir in Supreme Court
The Governor Bank of Uganda (BoU), Prof. Emmanuel Tumusiime-Mutebile, has revealed that BoU will challenge the Court of Appeal’s dismissal…
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Cooperatives & Communities
Cente Group announces corporate reorganization, seeks to diversify offerings
Centenary Rural Development Group Ltd, popularly known as “Cente Group”, has announced the completion of a corporate restructuring that will,…
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Kenya rolls out USD 500m post-COVID economic stimulus plan
Kenya’s President Uhuru Kenyatta on Saturday, May 23 announced an 8-point economic stimulus programme to boost the economy and mitigate…
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East Africa
Kenya’s KCB Group posts 8% jump in Q1 net profit
NAIROBI (Reuters) – Kenya’s biggest lender KCB Group saw an 8% jump in profit after tax in the first quarter…
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Cooperatives & Communities
COVID-19: Gulu savings groups suspend activities over pandemic
Several savings and loans associations in Gulu district have suspended their operations, amid the novel Coronavirus (COVID-19) pandemic. Members of…
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