Insurance
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Cooperatives & Communities
Museveni warns MPs to keep off Vinci coffee deal
NTUNGAMO – President Yoweri Museveni continues to push for the coffee deal signed between government and Uganda Vinci Coffee Company Limited [UNCCL], despite the project receiving strong criticism from both the public…
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International
ICBA and ICMIF to hold centennial events this year
LONDON-Both the International Cooperative Banking Association [ICBA] and the International Cooperative and Mutual Insurance Federation [ ICMIF ] are holding events this year to mark 100 years of their organisations’ existence. ICMIF,…
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Cooperatives & Communities
Indian 110-year-old Rupee Cooperative Bank liquidated
NEW DELHI-The Reserve Bank of India [RBI] in August announced that it had withdrawn the Pune-based Rupee Cooperative Bank’s banking licence and asked the Registrar of Cooperative Societies to liquidate it. The…
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Cooperatives & Communities
Mwalimu National DT Sacco to sell assets of acquired bank
NAIROBI-According to Kenyan media outlets, Spire Bank, previously Equatorial Commercial Bank [ECB] has faced financial troubles since it was acquired by the Mwalimu National DT Sacco. And now in a bid to…
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Cooperatives & Communities
Climate disasters: Mutual ARC can play ‘vital role’ in Africa
BLANTYRE– Mutual insurer African Risk Capacity Limited [ ARC ] recently met stakeholders in Malawi to discuss how its parametric insurance can transform Africa’s response to climate disasters such as droughts and…
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News
Legislators urge gov’t to give farmers seeds for new season
KAMPALA – Members of Parliament have asked government to procure and distribute seeds to the farmers as a measure to avert famine in the months to come ahead. Some parts of the…
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Cooperatives & Communities
Kitgum farmers urged to return to gardens after suffering losses
KITGUM– Famers under East Acholi Cooperative Union [WACU] in Kitgum district have been advised to prepare for the second season after their crop gardens were hit by an unexpected drought in the…
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Cooperatives & Communities
With a billion members worldwide, cooperatives are a force to reckon with
KAMPALA-The cooperative movement is made up of over three million cooperatives with approximately one billion members worldwide from all sectors and regions, according to the International Cooperative Alliance [ICA]. As cooperatives are…
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Cooperatives & Communities
Bingwa Sacco membership hits over 215,700
NAIROBI-Kenya’s Co-op News reports that Bingwa Sacco is among co-operative societies serving large numbers of members in the country, pointing to the Deposit-Taking Society’s ability to offer the best customer care that…
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News
aBi Finance Limited readies loans for Tier IV MFIs and SACCOs
KAMPALA– Tier IV Microfinance institutions [MFIs] and SACCOs in Northern and Eastern Uganda looking for funding no longer have to worry. This is because aBi Finance Holdings Limited has availed concessional loans…
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