cooperatives
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News
Masindi officials decry dependency syndrome for cooperatives
MASINDI, November 21, 2024 – Masindi Municipal Council officials have expressed concern over the failure of Savings and Credit Cooperative Organisations [SACCOs], and some producer cooperatives to sustain themselves. This concern was…
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Stanbic increases ceiling for unsecured SACCO loans to Shs 4bln
KAMPALA, November 20, 2024 – Stanbic Bank has raised the ceiling for unsecured SACCO loans to Shs 4 billion, up from the previous limit of Shs 200 million, with an interest rate…
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News
US coops react to Trump’s election victory
WASHINGTON DC, November 20, 2024 — US Republican President-elect, Donald Trump, is expected to embark on a radical programme of cuts to corporate and income tax, rollback of federal regulations and environmental…
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Indonesia seeks to boost number of cooperatives’ members to 60mln
JAKARTA, November 11, 2024 — Indonesia’s Cooperatives Minister Budi Arie Setiadi is looking to ramp up public participation in cooperatives and is eyeing to increase the number of cooperatives’ members to 60…
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FAO and ICA enhance strategic dialogue with cooperatives to achieve the 2030 Agenda
CAIRO, November 8, 2024 – The Food and Agriculture Organisation of the United Nations [FAO] and the International Cooperative Alliance [ICA] virtually convened a virtual roundtable to enhance strategic dialogue between governments…
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UNDP leads joint monitoring team to assess farmer cooperatives’ progress
MONROVIA, November 7, 2024 — Farmer Cooperatives supported by the government-funded Accelerated Community Development Programme [ACDP], implemented, and managed by UNDP, are excited about engaging in commercial swamp rice and cassava production/cultivation.…
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Cooperative Bank of Tanzania will operate on commercial principles, says minister
DODOMA, November 7, 2024 – Tanzania’s Minister of Agriculture, Hussein Bashe, has announced that the Cooperative Bank of Tanzania [TCB] will now operate based on commercial principles to ensure its long-term sustainability…
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News
Trade ministry official implicated in misappropriation of over Shs 9.6bln for Rwampara cooperative
RWAMPARA, November 5, 2024 – A new investigative report has implicated the Registrar of Cooperatives, Bob Barigye Bariyo, for conspiring with the cooperative’s board members to embezzle over Shs 9.6 billion that…
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