Finance & Banking
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Court clears Kotido officials in Emyooga funds mismanagement case
KOTIDO, May 6, 2025 – The high-profile case involving the alleged mismanagement of Emyooga funds in Kotido district has ended in acquittal, after the prosecution failed to present any witnesses or substantive…
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President Samia praises cooperative sector at launch of Co–operative Bank of Tanzania
DODOMA, May 5, 2025 – President of Tanzania, Dr Samia Suluhu Hassan, has praised the ongoing progress of the country’s cooperative sector, noting its role in enhancing productivity and improving the livelihoods…
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Emyooga programme boosting saving culture in Uganda as savings reach Shs 87bln
HOIMA, May 5, 2025 –– Dr. Emanuel Aliba Kiiza, Chairperson of the Board at the Microfinance Support Centre [MSC], has hailed the government’s Emyooga programme for significantly improving Uganda’s saving culture, especially…
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Credit unions in US continue campaign to maintain tax exemption
NEW YORK, May 3, 2025 – – US credit union leaders have been engaging with Federal Government and Congress officials as part of their efforts to maintain the industry’s tax exemption. In January, America’s Credit…
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AfDB appoints Ugandan as Director General for Eastern Africa
KAMPALA, May 3, 2025 — The African Development Bank Group [AfDB] has appointed Dr. Alex Mubiru as Director General for the East Africa Regional Development, Integration and Business Delivery Office and Country Manager…
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Pride Microfinance to trade as bank after securing licence from BoU
KAMPALA, April 30, 2025 – Pride Microfinance has officially transitioned into a Tier II credit institution and will now operate as Pride Bank Limited, marking a significant milestone in its evolution. The…
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UDB, MD Patricia Ojangole nominated for African Banker Awards 2025
KAMPALA, April 30, 2025 –– African Banker magazine has announced the shortlist of nominees for this year’s edition of its annual African Banker Awards with Uganda Development Bank [UDB] and its Managing, Director…
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Uganda Assumes Role of Co-Chair of the Coalition of Finance Ministers For Climate Action
KAMPALA, April 28, 2025 — Uganda has assumed the co-chairmanship role of the Coalition of Finance Ministers for Climate Action at the 2025 Spring meetings of the World Bank Group and International Monetary…
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The big interview: Meet Stephen Mugumya Bongonzya – a seasoned banker and senior cooperator
MBARARA CITY, April 28, 2025 — theCooperator News recently sat down with Stephen Mugumya Bongonzya, Vice Chairman of the Uganda Cooperative Savings and Credit Union Limited [UCSCU]—the apex body for SACCOs in…
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From Aid to Investment: Africa Investment Forum Builds US$ 225B Momentum in Making Continent Bankable
WASHINGTON D.C., April 24, 2025 — Buoyed by last year’s successful Africa Investment Forum’s Market Days that generated US$ 29.2 billion of investment interest, its nine founding partners are bracing for an…
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