Cooperative
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Cooperatives & Communities
Lango Cooperative Union leases 11-square kilometre land to German investor
Leaders of Lango Cooperative Union have leased out a sizeable chunk of its land assets to Smax-Group, a German investor, in a five-year deal that will see the investors develop the redundant…
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Cooperatives & Communities
Financial literacy key to cooperatives’ success- Kigumba Principal
Samuel Kyaligonza, the Principal, Kigumba Cooperative College in Kiryandongo district, has advised co-operators from the Bunyoro sub-region to acquire financial literacy training if their cooperatives are to succeed. Kigumba is one of…
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Cooperatives & Communities
Okere Shea Cooperative Society opens a world of possibilities with Shea nut
Besides providing cooking fuel like charcoal and firewood, most locals in Otuke district for a long time did not know of any other uses of the highly-prized shea nut tree. However, through…
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Cooperatives & Communities
Bunyoro Growers’ Cooperative Union bags Shs 2bn compensation cash
Bunyoro Growers’ Cooperative Union Limited has received Shs 2 bn compensation from the government for losses incurred as a result of the NRA liberation war. This was revealed to Philemon Bagada Rugaaju,…
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Farmers shun Agoro irrigation scheme water
Members of Agoro self-help irrigation cooperative society have stopped using water from the scheme blaming it for destroying their crops and causing their gardens to lose fertility. Agoro Irrigation Scheme was rehabilitated…
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News
SACCOs grappling with fraud, poor governance
A significant number of Savings and Credit Cooperative Organizations (SACCOs) in Uganda have suffered fraud and poor governance, a new report indicates. The report was released by the Project for Financial Inclusion…
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Cooperatives & Communities
Agoro Cooperative Society loses vegetables worth Shs 40m to strange disease
Members of Agoro Cooperative Society in Lamwo district have lost about 10 acres of crops amounting to an estimated Shs 40 million to a yet-to-be identified disease. The disease, which mostly affected…
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How SACCOs came to dominate Uganda’s Cooperative Movement
As you travel across Uganda, you will not miss a signage with the word “Savings and Credit Cooperative Societies (SACCOs)”. Even businesses that lend money and have nothing to do with formal…
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Cooperatives & Communities
Lango Cooperative Union in battle to recover lost assets
The leadership of Lango Cooperative Union is struggling to repossess its prime assets that were lost to private individuals. Formed in 1952 to promote cotton growing in the greater Lango sub-region, it…
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Cooperatives & Communities
Masindi Central market vendors revive SACCO after 5-year break
Members of Masindi central market savings and credit cooperative society have revived their SACCO after a five-year break. According to its Chairperson, James Masaba, the SACCO had collapsed after the previous leadership…
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