cooperatives
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International
2023 Union Budget of India: NCUI President sees surge in co-op fund
NEW DELHI – Cooperative leaders of the land are expecting a bonanza from the upcoming 2023 Union Budget of India to be presented in the Parliament on Wednesday by Union Finance Minister…
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Cooperatives & Communities
Minister Ogwang launches fundraising drive for women SACCOs
KATAKWI – The Minister of State for Sports, Peter Ogwang last weekend launched a fundraising drive for women SACCOs in Ngaraim County, Katakwi district, saying it will help them fight household poverty.…
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Cooperatives & Communities
Nwoya cooperatives have scanty books of account
NWOYA– The majority of the cooperatives in Nwoya district lack proper audited books of account, something that has limited them to access loans from commercial banks and other financial institutions, district officials…
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East Africa
We want tax relief, co-ops urge gov’t
NAIROBI-Cooperatives/SACCOs in Kenya are calling for tax relief, saying it would help them compete favourably in the market. According to Gathungu Kahunyo, the vice chairman Githunguri Dairy Co-operative, Saccos pay high taxes,…
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East Africa
Kenyan cooperatives outline challenges facing sector
NAIVASHA-Stakeholders that run cooperatives in kenya days ago in Naivasha aired the major challenges facing the sector, saying that urgent attention is needed, according to Sacco Review. They were meeting the Cooperatives…
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Africa
AfDB’s new 2023-2027 strategy to help spur economic transformation in Ethiopia
ADDIS-ABABA The African Development Bank [AfDB] recently approved the 2023-2027 Country Strategy Paper for Ethiopia, which will support the country in expanding inclusive and sustainable growth through agro-industrialization, improved connectivity, and competitiveness,…
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International
India: First phase of co-op database to be ready next month
NEW DELHI-The process of making a National Cooperative Database and the first phase will be completed by December 2022, according to the Indian Cooperative. The Ministry of Cooperation on its Twitter handle,…
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Cooperatives & Communities
MTIC issues deadline for co-ops to validate registration status
KAMPALA-The Ministry of Trade, Industry and Cooperatives [MTIC] has issued a compliance notice to all cooperative societies in Uganda, requiring those whose probationary certificates are due to expire in three months or…
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East Africa
AfDB clears over US$ 20mln for agro-pastoral project in Burundi
BUJUMBURA– The African Development Bank [AfDB] Group days ago greenlighted the award of a US$ 23.26 million grant to Burundi to implement the Agro-Pastoral Entrepreneurship and Professional Development Project for the Youth…
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International
New law to enhance governance in UAE’s cooperatives sector
DUBAI-The new cooperatives law recently announced by President Sheikh Mohamed bin Zayed Al Nahyan is a new step towards developing the governance of the cooperatives sector in the United Arab Emirates [UAE],…
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