Profits
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News
Pride Microfinance to trade as bank after securing licence from BoU
KAMPALA, April 30, 2025 – Pride Microfinance has officially transitioned into a Tier II credit institution and will now operate as Pride Bank Limited, marking a significant milestone in its evolution. The…
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News
Ruwenzori Diocese SACCO posts strong growth in 2024
FORT PORTAL CITY, April 11, 2025 – Ruwenzori Diocese Savings and Credit Cooperative Society Limited [RUDI SACCO], a church-founded financial institution based at Kabarole Hill in Fort Portal City, recorded remarkable financial…
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Cooperatives & Communities
Chia seed company turns to cooperatives to meet international standards
GULU, February 21, 2025 – Talia Group Limited, a company that grows and purchases chia seeds in the Acholi Subregion, has turned to cooperatives in an effort to meet the international organic…
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Cooperatives & Communities
Locals appeal for govt support to revive cooperative society
SOROTI, January 19, 2024 – The residents of Omugenya Parish , Awalwal Sub-county in Soroti district are appealing to government to provide them with financial support so that they can revive their…
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Africa
Nigeria: AfDB approves US$ 80mln for investment in knowledge zone
ABUJA, November 29, 2023 – The Board of Directors of the African Development Bank [AfDB] has approved a US$ 80 million loan to finance the Ekiti Knowledge Zone project in Nigeria. The…
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Cooperatives & Communities
PDM SACCO members in Otuke invest in agri-business
OTUKE, November 22, 2023 – Members of Ating Orum Parish Development Model [PDM] SACCO have invested the money received in agri-business and expect to earn profits in the near future. Some of…
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Cooperatives & Communities
Farmers excited as Lira coop acquires maize mill
LIRA – Farmers in Ogur Sub-county in Lira district are excited after receiving a maize mill now under installation. The farmers in the subcounty have been travelling over five miles to get…
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Cooperatives & Communities
Tea growers, BKCU to hold AGMs soon
KAMPALA – Shareholders of Kayonza Growers Tea Factory [KGTF] Limited will attend the company’s 27th Annual General Meeting on July 14, 2023, according to the company secretary, Kenneth Mutabaruka. Mutabaruka in the…
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Cooperatives & Communities
Low production crippling VSLAs in Gulu
GULU- Low engagement in income generating activities among members of Village Saving and Loan Associations [VSLAs] in Gulu City is crippling their growth, according to the city commercial officer, Nixon Komakech. VSLA…
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Cooperatives & Communities
Form cooperatives to access better markets for your produce, farmers urged
LIRA-Lira Produce Dealers` Cooperative Society [LPDCCS] Limited has advised farmers in Lango Sub-region to form cooperatives if they are to get better markets for their produce. There is concern that farmers in…
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