Management
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Cooperatives & Communities
Govt launches digital system to fast-track cooperative registration
MBARARA CITY, March 15, 2024 – The Ministry of Trade, Industry and Cooperatives [MTIC] has launched a digital platform dubbed ‘The Cooperatives Registry Management Information System [CRMIS]’ to fast-track the registration of…
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Cooperatives & Communities
SACCO leaders urged to intensify member training
MBARARA, October 23, 2023 – Officials running Savings and Credit Cooperative Societies [SACCOs] in western Uganda have been encouraged to train their members regularly so that they appreciate the business model of…
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Cooperatives & Communities
Koboko United SACCO installs new board
KOBOKO – Koboko United SACCO Limited has appointed new members of the board into office and the team is expected to steer the SACCO to prosperity. The SACCO founded by the late…
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Africa
Moroccan agricultural cooperative sector, key player in self-employment, says local think tank
RABAT – The Moroccan agricultural cooperative sector is a key player in self-employment and income generation through territorial anchoring, the Policy Center for the New South (PCNS) said recently in a report.…
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News
Acholi entrepreneurs trained in finance and business management
GULU– Owners of small and medium enterprises [SMEs] in Acholi Sub-region have undergone training in finance and business management, which the trainers said are important for the sustainability of businesses. The two-day…
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East Africa
Rwanda: IMF approves US$ 319mln loan to build resilience to climate change
KIGALI-The Executive Board of the International Monetary Fund (IMF) has approved US$ 319 million loan asked by Rwanda under the Resilience and Sustainability Facility [RSF]. According to IMF, Rwanda is the first…
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Cooperatives & Communities
Pooling resources: UCSCU SACCOs raise over Shs 890mln for re-capitalisation
KAMPALA – SACCOs subscribing to Uganda Cooperative Savings and Credit Union [UCSCU] have pooled resources of about Shs 897 million to re-capitalise members as they grow their businesses. Through the central finance…
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Cooperatives & Communities
Minister warns boda-boda riders against lavish spending
KYOTERA– The Minister of State for Micro-finance, Haruna Kasolo has warned boda-boda cyclists against wasteful spending, urging them to instead spend more on activities that boost their incomes. Speaking at the opening…
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Cooperatives & Communities
Leaders of cooperative societies urged to be transparent and accountable
KIKUUBE– The board members and managers of cooperative societies in Kikuube district have been told to develop a spirit of transparency and accountability to ensure the sustainability of the existing cooperative societies…
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Cooperatives & Communities
Farmers gain as Kinyara Sugar Works raises price for cane second time
MASINDI-Sugar manufacturer, Kinyara Sugar Works Limited, has again increased the price it offers to cane farmers, saying it will now buy at Shs 128, 000 from Shs 101,000 it has been paying…
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