Uganda
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Cooperatives & Communities
SACCOs urged to invest savings
Savings and Credit Cooperative Organisations (SACCOs) have been urged to invest their savings in order to grow their profits. Gulu City Mayor-Elect, Alfred Okwonga, who was over the weekend speaking to members…
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Cooperatives & Communities
Financial literacy key to cooperatives’ success- Kigumba Principal
Samuel Kyaligonza, the Principal, Kigumba Cooperative College in Kiryandongo district, has advised co-operators from the Bunyoro sub-region to acquire financial literacy training if their cooperatives are to succeed. Kigumba is one of…
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Cooperatives & Communities
Okere Shea Cooperative Society opens a world of possibilities with Shea nut
Besides providing cooking fuel like charcoal and firewood, most locals in Otuke district for a long time did not know of any other uses of the highly-prized shea nut tree. However, through…
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Cooperatives & Communities
Lira district Employees’ SACCO revived after six-year hiatus
The Lira district Employees’ saving and credit cooperative organization (SACCO) has been revived six years after it fell dormant as a result of recurrent challenges. Established in June 2012 with the aims…
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Cooperatives & Communities
Bunyoro Growers’ Cooperative Union bags Shs 2bn compensation cash
Bunyoro Growers’ Cooperative Union Limited has received Shs 2 bn compensation from the government for losses incurred as a result of the NRA liberation war. This was revealed to Philemon Bagada Rugaaju,…
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Cooperatives & Communities
Co-operators cry out as new Foot and Mouth disease outbreak hits Lyantonde
Livestock farmers in Lyantonde are desolate following the outbreak of foot and mouth disease (FMD) in the district that has affected milk production and supply. Especially affected are the district’s more than…
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Cooperatives & Communities
Government injects Shs 1.6bn into Masindi SACCOs
The government has given Shs1.6 bn to 54 SACCOs in Masindi district under the Presidential Cluster Initiative on Wealth and Job Creation (Emyooga). The cash injection was made in fulfillment of a…
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Farmers shun Agoro irrigation scheme water
Members of Agoro self-help irrigation cooperative society have stopped using water from the scheme blaming it for destroying their crops and causing their gardens to lose fertility. Agoro Irrigation Scheme was rehabilitated…
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News
SACCOs grappling with fraud, poor governance
A significant number of Savings and Credit Cooperative Organizations (SACCOs) in Uganda have suffered fraud and poor governance, a new report indicates. The report was released by the Project for Financial Inclusion…
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Cooperatives & Communities
Agoro Cooperative Society loses vegetables worth Shs 40m to strange disease
Members of Agoro Cooperative Society in Lamwo district have lost about 10 acres of crops amounting to an estimated Shs 40 million to a yet-to-be identified disease. The disease, which mostly affected…
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