Economy
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Cooperatives & Communities
Experts form economic forum to give voice to over three million cooperatives across globe
NEW DELHI, October 26, 2023 – Leading cooperative sector experts have come together to form the World Cooperative Economic Forum [WCopEF] to give voice to over three million cooperatives spread across the…
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Finance & Banking
Lending rates surged to 18.4 percent in August, says report
KAMPALA, October 18, 2023 – Lending rates for the shilling-denominated credit increased in August 2023 to 18.4 percent from 17.95 percent in July 2023, according to the latest Performance of the Economy…
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International
Arla rewards climate-forward farmers with share of US$ 326mln
COPENHAGEN, September 15, 2023 – Arla, the Danish-Swedish dairy cooperative recently started to pay out a monthly incentive to its farmer owners based on their sustainability efforts. The incentive is a data-driven…
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Cooperatives & Communities
Brazil can earn US$ 202.1bln with cooperativism in 2027, says OCB
BRASILIA – Brazil has the capacity to have revenues of R$ 1 trillion [about US$ 202.1 billion] with cooperativism and reach 30 million members in 2027, according to the president of the…
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National
Economic activity in Uganda strengthens in May
KAMPALA – The overall economic activity as well as business conditions in Uganda continued to strengthen during the month of May, according to the latest Performance of the Economy Report released by…
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Central
Minister Babalanda warns public servants against corruption
MASAKA – The Minister of the Presidency, Milly Babalanda has warned public servants in the country against corrupt tendencies, saying they deprive citizens of their right to benefit from government development programmes.…
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Africa
Cooperative societies urge Tinubu to establish commission to boost economy
ABUJA – Cooperative societies in Nigeria have called on President Bola Tinubu’s administration to establish the Cooperative Commission of Nigeria [CCN]. According to them, if established, the commission will address the long-standing…
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Cooperatives & Communities
PDM: Gulu and Amuru residents call for translation of informational materials into Acholi dialect
GULU – Several residents of Gulu and Amuru districts in Acholi Sub-region are calling for the translation of informational materials into the Acholi dialect so that they understand the Parish Development Model…
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Cooperatives & Communities
Indonesia’s coffee exports forecast to decline
JAKARTA– Coffee exports from Indonesia in the market year 2023/24 are expected to decline by nearly one-third, reportedly due to weather-related supply shortages. The most severe shortages are expected in Robusta production,…
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International
Coops based on values can never fail, says Thakur
NEW DELHI – The President of Pan India organisation of Cooperators and Cooperatives [Sahakar Bharti], ND Thakur has said that the future of the country is safe in the hands of cooperatives…
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