Financial
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Kenyan SACCOs struggling to recover loans, says regulator
NAIROBI, March 5, 2024 – Savings and Credit Co-operative Organisations [SACCOs] in Kenya are owed Ksh 2.7 billion by various government agencies and private companies that approached the financial cooperatives for the…
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Nebbi cassava factory lies idle due to high running costs
NEBBI, March 5, 2024 – Members of Yesu-Dit Cooperative Society Limited in Parombo Sub-county, Nebbi district have abandoned their cassava factory due to high running costs. According to some members of the…
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Poverty blamed for low uptake of irrigation technologies in Lira district
LIRA, March 4, 2024 – The authorities of Lira district have attributed the low uptake of the micro-scale-irrigation technologies to poverty and the poor mindset of some of the farmers in the…
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Premier Nabbanja asked to explain allegations of fraud in PDM
KAMPALA, March 2, 2024 – The Members of Parliament have expressed concern over the alleged fraud surrounding disbursement of funds under the Parish Development Model [ PDM ] to beneficiaries across the…
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WOCCU adds Moldova to list of Member Nations
MADISON, Wis. March 1, 2024 — World Council of Credit Unions [ WOCCU ] has expanded further in 2024, with the addition of two new member organisations, Moldova’s Central National Association of…
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UDB’s total assets hit Shs 1.6trn in 2023-report
KAMPALA, March 1, 2024 – The Uganda Development Bank [ UDB ] has released unaudited report for 2023, showing the Bank’s total assets grew by 8 percent to Shs 1.64 trillion from…
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Karamoja sunflower farmers ask govt for value addition facility
SOROTI, March 1, 2024 – Sunflower farmers in the Karamoja Sub-region have asked government to build them a facility for value addition so that they can earn more money from the oilseed.…
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Serere district embarks on rehabilitation of community access roads
SERERE, March 1, 2024 – In the realm of agriculture, better infrastructural development can drastically reduce the time taken to transport produce from farms to markets, therefore helping the farmers to minimise…
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Rwanda’s coop sector regulator pushes for specialised lawyers
KIGALI, February 29, 2024 – According to local news agencies, Rwanda Cooperative Agency [RCA] is pushing for specialised lawyers to improve the dispensation of justice for cooperatives, and members but the move…
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