SACCOs
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Cooperatives & Communities
Co-op Bank Records Ksh15.45 Billion Profit
The Co-operative Bank Group on Friday, November 15, reported a pre-tax profit of Ksh15.45 billion for the third quarter of 2019. This was a significant improvement compared to Ksh14.64 billion recorded in the…
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Cooperatives & Communities
Bugisu Cooperative Union Opens Uganda’s first Cooperative Radio Station
In Eastern Uganda, Bugisu sub region, where literacy remains a substantial barrier to development, radio can reach a large number of poor people because it is affordable and consumes little electricity. On…
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Cooperatives & Communities
Police investigate the embezzlement of UGX 69M at Nyalit Coop
A police investigation is underway after some members of the Bukwo-based Nyalit Cooperative Society raised a red flag over alleged embezzlement of the cooperative’s funds. The said money, UGX 69 million, is…
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Cooperatives & Communities
Mwalimu SACCO members query pay deductions
Mwalimu National Sacco members in Western Kenya have threatened to stop their monthly contributions to the Sacco. The members claim that the Sacco has been making unauthorised deductions from their salaries.On Monday,…
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Development
What is the place of Uganda’s farmer in the value chain power relations?
The National Coordinator of Operation Wealth Creation (OWC), Gen. Caleb Akandwanaho aka Salim Saleh has on several occasions asked a poignant question – Where is the farmer in in the value chain power…
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Cooperatives & Communities
Global cooperative movement meets in Kigali to discuss development
Participants from 95 countries from around the world have gathered in Kigali for the international cooperative conference that is discussing how to advance socio-economic development through the cooperative movement. Over 1,000 participants…
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News
Kaitana Accused of Abuse of Office, Minister Orders his Immediate Suspension
The State Minister for Microfinance Haruna Kyeyune has ordered for the immediate suspension of Vincent Kaitana, the board chairperson of Kyazanga Kwegatta Savings and Credit Society Limited, over allegation of abuse of…
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East Africa
Nakuru farmers urged to join saccos to boost income
When Nakuru Governor Lee Kinyanjui took office in 2017, revamping of the agriculture sector was one of his flagship projects. In his manifesto, Governor Kinyanjui promised to revive the lucrative sector. Two…
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Cooperatives & Communities
Government registers over 240 fishing cooperatives
From George Maponga in Masvingo: Government has registered over 240 fishing cooperatives here as it seeks to leverage on the province’s high dam density to improve household disposable incomes and grow the…
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East Africa
Agriculture Input Handouts Encouraging Laziness among Farmers
Kampala, Uganda: A government program to give out free agricultural inputs including hand-held hoes will lead to laziness, says the Chairman West Nile Seed Multiplication Cooperative Society Uzelle Adam Mohammad. While the…
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