Industry
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Cooperatives & Communities
Trade committee begins probe into cooperatives over war loss money
JINJA, September 6, 2023 – Parliament’s Committee on Tourism, Trade and Industry has commenced investigations into the alleged mismanagement of government funds released to cooperative societies/unions. The investigation was ordered by Speaker…
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Trade
MPs pass returned Competition Bill
KAMPALA – Parliament has reconsidered and passed the Competition Bill which was earlier returned by the President on July 24, 2023. President Yoweri Museveni declined to sign the Bill first passed by…
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Cooperatives & Communities
MPs to probe cooperative unions over war reparations
KAMPALA – The Members of Parliament on the Committee of Tourism, Trade, and Industry will effective Monday next week begin investigating cooperative unions to ascertain whether the money they received as compensation…
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National
Seven-year jail sentence for vets causing death to animals
KAMPALA – Veterinary practitioners whose licences are revoked but continue to practice and in the process cause death to animals or humans face a seven-year jail sentence, or fine of Shs 10…
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International
Chile’s Sermecoop joins ICA as latest member
BRUSSELS – Cooperativa de Servicios [Sermecoop Ltda.] is the latest to join the International Cooperative Alliance [ ICA ], the voice of cooperatives worldwide. According to ICA’s latest statement, Sermecoop, domiciled in…
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East Africa
Kenya’s Tai SACCO total assets grow to Ksh4.1bln
NAIROBI– Despite a difficult economic environment in the country, Kenya’s Tai SACCO posted an impressive financial performance in the year ended December 31, 2022, posting Ksh 4.1 billion in total assets, its…
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Cooperatives & Communities
Less than half of Emyooga SACCOs in Fort Portal City apply for permanent registration
FORT PORTAL – Out of the 36 Emyooga SACCOs registered in Fort Portal City, only 17 of them have applied for permanent registration, according to the city principal commercial officer, Michael Karwani.…
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East Africa
Drafting Constitution for the EAC Political Confederation: National consultations concluded in Kenya
NAIROBI – National consultations for Drafting the Constitution for the proposed East African Community [EAC] Political Confederation concluded in Machakos County, Kenya over the weekend. The 20-day consultations launched in Mombasa on…
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Cooperatives & Communities
PSST Ggoobi: SACCOs in Uganda have grown to over 30,000
The number of Savings and Credit Cooperative Organisations [SACCOs] in Uganda has increased to 33,000, according to the Permanent Secretary and [PSST] Secretary to the Treasury, Ramadhan Ggoobi. According to Ggoobi, there…
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Cooperatives & Communities
Emyooga SACCOs urged to apply for permanent registration
FORT PORTAL – Emyooga SACCOs in the Rwenzori Sub-region have been advised to apply for the permanent registration before their probation certificates expire. Joseph Lutalo, the assistant registrar of cooperatives in the…
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