The Cooperator News

Winners and losers as MPs okay Shs 52.7 trn national budget

KAMPALA – Parliament on Thursday passed the Shs 52.7 trillion national budget for the financial year 2023/2024 in a sitting chaired by Speaker Anita Among. Shs 21.4trn of the total budget is…

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2023/2024 budget: Govt earmarks over Shs 1trn for SACCOs

KAMPALA– Government has earmarked Shs 1.177 trillion for various SACCOs in the upcoming 2023/2024  financial year, according to State Minister for Microfinance, Haruna Kasolo. Parliament yesterday approved the Shs 52trn budget for…

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Promoter meets Lango cultural leaders over establishment of coop bank

LIRA – A concerned Ugandan Lt. Moses Mugisha Magufuri has held discussions with the leaders of Lango Cultural Foundation in Lira City East Division over the establishment of Agriculture and Cooperative Bank.…

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Local banks post total assets of Shs 46.1trn in 2022

KAMPALA – The Uganda Bankers’ Association [UBA] in its annual report shows the local banking industry grew its total assets by 11.2 percent to Shs 46.1 trillion in 2022 compared to Shs…

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Govt will revive Cooperative Bank, says minister Bahati

KAMPALA– Government is in the initial stages of reviving the Cooperative Bank, according to State Minister for Trade, Industry and Cooperatives, David Bahati. Bahati made the revelation in Kampala on Tuesday during…

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Kenyan farmers join Co-op Bank’s online marketplace

NAIROBI – The Co-operative Bank of Kenya has enlisted so far 400,000 farmers on its online marketplace dubbed Co-op Bank Soko, which brings together agricultural sector players to help producers get better…

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Karimojong cattle raids: Museveni directs compensation of victims

LIRA – President Yoweri Museveni has directed that people killed or injured during cattle raids carried out by the Karimojong warriors in Lango, Acholi, and Teso sub-regions be compensated. Meeting political, religious…

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Switzerland becomes first country to ratify ICA 2022

LONDON – Switzerland last Thursday officially became the first country to ratify the ICA 2022, approved by members of the International Coffee Organisation [ICO] in June 2022. The country has been a…

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Farmers’ cooperative bears fruit in dry areas of Eastern Ethiopia

ADDIS ABABA – Malika Ahmed, 34, and her husband and two children, are residents of Genderige kebele in Dir Dawa City administration’s rural area. A founder and member of the Hamilton Fruit…

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Commitments to Common Market Protocol bedrock of trade integration-EAC boss

ARUSHA – East African Community [EAC] Partner States’ commitments to the Common Market Protocol is the bedrock of trade integration in the bloc, EAC Secretary General, Dr. Peter Mathuki, has said. Mathuki…

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