The Cooperator News

Egypt issues Africa’s first Sustainable Panda Bond worth US$ 478.7mln

CAIRO, October 18, 2023 – Egypt has successfully issued a three-year Sustainability Panda Bond worth  US$ 478.7 million. The North African nation is the first on the continent to do so, a…

Read More »

Lending rates surged to 18.4 percent in August, says report

KAMPALA, October 18, 2023 – Lending rates for the shilling-denominated credit increased in August 2023 to 18.4 percent from 17.95 percent in July 2023, according to the latest Performance of the Economy…

Read More »

Uganda’s exports rose 17.6 percent in August

KAMPALA, October 17, 2023 – Uganda’s exports in August 2023 fetched the country US$ 669.88 million, an increase of 17.6 percent from US$ 569.78mln earned in the month earlier, the Ministry of…

Read More »

Fighting corruption: Kole PDM beneficiaries expose leaders

KOLE, October 17, 2023 – The beneficiaries of the Parish Development Model [PDM] in Kole district in Northern Uganda have exposed fraudulent transactions carried out by the leaders in the disbursement of…

Read More »

UBC to monitor PDM implementation in Acholi

GULU, October 17, 2023 – The Uganda Broadcasting Corporation [ UBC ] has come up with an initiative to participate in the monitoring of the Parish Development Model [PDM] in Acholi Sub-region.…

Read More »

Banking sector remains resilient despite weak economic growth

KAMPALA, October 17, 2023 – The Ugandan banking sector remained resilient despite weak economic growth prospects, heightened inflation, and elevated geopolitical tensions, says the Bank of Uganda [BoU] in its Annual Report…

Read More »

Cooperative identity consultation: Global thinkers to discuss equity and inclusion

BRUSSELS, October 17, 2023 – The International Cooperative Alliance [ICA] and cooperators from around the globe will on Thursday attend a virtual event that will discuss equity and inclusion in the context…

Read More »

CUA to create awareness on financial empowerment

ACCRA, October 16, 2023 – The Ghana Cooperative Credit Unions Associa­tion [ CUA ] says it will use its 55th anniversary celebration to showcase how it is empowering citizens to gain financial…

Read More »

FAO donates livestock vaccines to Karamoja and Elgon regions

Kampala, October 16, 2023 –The Food and Agriculture Organisation of the United Nations [ FAO ] recently donated an assortment of livestock vaccines worth US$1 million to the Ministry of Agriculture, Animal…

Read More »

MSC to have reference SACCO in every district 

HOIMA, October 16, 2023 – Emmanuel Aliba Kiiza,  the chairperson for Microfinance Support Centre [ MSC ] has said the government agency will soon launch a reference SACCO in each district of…

Read More »