Business
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News
Wazalendo SACCO commissions commercial building in Fort Portal City
FORT PORTAL, August 12, 2024 – The Wazalendo Savings and Credit Cooperative Society [ WSACCO ] Limited has commissioned a new commercial building located on Balya Street in Fort Portal City to…
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News
Kenyan SACCO regulator drafts guidelines on mergers
NAIVASHA, July 22, 2024 – The SACCO Societies Regulatory Authority [SASRA] has proposed draft guidelines on mergers and amalgamations, which provide a clear framework for Savings and Credit Cooperative Societies [SACCOs] that…
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News
Mbale Metropolitan Rotary Club installs new president
MBALE CITY, July 17, 2024 – The Director and Founder of Elgon Ngoma Troupe, Julius Walimbwa is the new President of Mbale Metropolitan Rotary Club, succeeding HCP Richard Obuwa. The installation of…
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News
Global conference update: Fonterra does ‘cooperative business’ in SE Asia
KUALA LUMPUR, July 17, 2024: With the Alliance’s Global Conference taking place in Malaysia in November this year, delegates will get the opportunity to learn more about successful cooperatives operating in the…
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Cooperatives & Communities
Masindi SME owners told to form cooperatives
MASINDI, July 1, 2024 – Johnson Abitekaniza, Commissioner Business and Quality Assurance in Ministry of Trade Industry Cooperatives [MTIC] has underscored the need for small and medium enterprises [SMEs] owners to organise…
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News
Money lenders, SACCOs warned against holding clients’ IDs as collateral
KAMPALA, June 28, 2024 – Money lenders and, Savings and Credit Cooperatives [SACCOs] in the country that have a habit of holding on to national identity cards [ IDs] of their clients…
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News
Centenary Bank says when women are given opportunity for financial inclusion, they can do miracles
KAMPALA, June 28, 2024 – The African Development Bank’s Affirmative Finance Action for Women in Africa (AFAWA) Bank of the Year 2024, Centenary Rural Development Bank exemplifies the spirit of this year’s…
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News
WEF identifies top 10 emerging technologies to address global challenges
DALIAN, June 25, 2024 – The World Economic Forum [WEF] has published its annual Top 10 Emerging Technologies Report featuring technologies with the greatest potential to make a positive impact in the world…
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News
Lira Municipality Carpenters’ Emyooga SACCO launches timber business to boost capital base
Lira City, June 23, 2024 Members of Lira Municipality Carpenters’ Emyooga SACCO in Lira City have established a joint timber business, saying focusing on loan provision alone is not enough to boost…
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Cooperatives & Communities
Oikocredit announces US$ 10mln loan to APC to support SMEs in Africa
NAIROBI June 17, 2024 – Social impact investing cooperative Oikocredit has made a first-time loan of US$ 10 million [€9.3mln] to AfricInvest Private Credit [APC] to augment support for small and medium…
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