Development
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Zombo signs EFOTI deal To improve tea yields
WEST NILE –Tea growing in the West Nile district of Zombo has got an accelerating effort that could boost local production. Zombo Tea Growers’ Cooperative Society and Edwin Tea Foundation Initiative, EFOTI,…
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Odongo was poor but Loro-Oyam Sacco lifted him out of poverty
In 2016 Pasquelli Odongo, 42, dreamt of building a residential house in his village, Ayom-Apwono, in Aber Sub County, and five years later he is a proud owner of a modest three-room…
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Hoima Sacco, Government clash over Shs 50m loan
HOIMA – In a speech at the annual general meeting of the Hoima District Referees Saving and Credit Co-Operative Society (Sacco), Board Chairman Patrick Kunihira, publicly voiced his concern about a deliberate…
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New Sacco to give out Cheap loans in Hoima
The newly launched KASSOBA SACCO is on course to open with offers of cheap loans to members of Kabalega Secondary School Old Boys Association (KASSOBA). The official launch was on April 3…
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Long-dormant sacco in Masindi bounces back
A long-dormant savings and cooperative credit society has been revived. The Masindi Savings and Cooperative Credit Society Limited has been revived by members after a two-year lull. The SACCO membership comprises mainly…
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Cooperative slashes fees to attract new members
To shore up its numbers, Lira Diocese Multipurpose Cooperative Society Limited has slashed its membership fee from Shs 50,000 to Shs 30,000 to encourage registration of new members with minimal fees. In…
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Masindi Teachers’ SACCO grapples with 40% account dormancy
Masindi Teachers’ SACCO is facing a challenge of 237 dormant accounts (close to 40% of the total), a situation the SACCO’s Chairperson says affects them significantly. Isaac Mugaanzi, the Board Chairperson for…
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Kabale dairy co-operators advised to embrace improved breeds, strengthen primary societies
Rwampara District Commercial Officer (DCO), Amon Mutabarura, has called on co-operators in the dairy sector to invest in improved breeds of cattle that guarantee higher quantities of milk if they are to…
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Market vendors tipped on SACCO formation
Hoima oil-City authorities have challenged vendors operating in different markets in the area to form Saving and Credit Co-operative Societies (SACCOs) as one way of improving their economic status. This call was…
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