Lwengo, Uganda | THE INDEPENDENT | Coffee farmers in Lwengo district have appealed to the government to capitalize on farmers’ cooperative unions and eliminate exorbitant moneylenders and exploitative brokers who are ruining the subsector by compromising the quality of produce. Through their umbrella organization, Buddu Rural Coffee Farmers, Nursery Operators …
Read More »Kampala lawyer John Matovu dragged to Luzira from court in cooperatives sh4 billion saga
Kampala, Uganda | THE INDEPENDENT | There was drama in court on Monday as senior lawyer John Matovu, 62, was charged and remanded to Luzira Prison over allegations of stealing more than 4 billion shillings in compensation meant for the Busoga Growers Cooperative Union. Matovu, of M/S Matovu & Matovu …
Read More »‘Cooperatives need a fresh approach to match the good old days’
Kampala, Uganda | THE INDEPENDENT | The Cooperative movement in Uganda has been asked to think anew, and forget the “old good days” when it enjoyed success due to the monopoly granted by the government. Then, until the 1980s, the cooperative societies and unions were largely responsible for the procurement …
Read More »Govt names steering committee to spearhead Co-op Bank revival
Kampala, Uganda | THE INDEPENDENT | The dream of reviving the cooperative bank is getting closer to reality as a steering committee is commissioned by the government. The seven-member committee comprising the cooperative leaders and representatives of top SACCOs has been unveiled with the main objective of kick-starting the process …
Read More »Counterfeit seeds, poor management affecting farmers’ cooperatives
Lira, Uganda | THE INDEPENDENT | Poor management and proliferation of counterfeit seeds in the market have been sighted as the major challenges affecting the operations of farmer’s cooperative unions in the Lango sub-region. The issues came up during a meeting organized by the National Alliance of Agriculture Cooperatives (NAAC) in Uganda …
Read More »Nandali Mafabi announces BCU decision to evict Police posts, Sub County headquarters
Mbale, Uganda | THE INDEPENDENT | Police posts and sub-county headquarters operating on the premises of primary societies under Bugisu Cooperative Union-BCU face eviction. Nathan Nandala Mafabi, the BCU Board Chairperson, says that they have resolved to evict the police posts and sub-county headquarters because they operate on the premises free …
Read More »Besigye, UPC and NUP attend Yona Kanyomozi burial
Ntungamo, Uganda | THE INDEPENDENT | The Former Minister of Cooperatives and marketing Yona Bankobeza Kanyomozi was on Friday laid to rest amidst calls for economic change from opposition leaders. Kanyomozi, 81, succumbed to diabetes at Nakasero Hospital in Kampala on Sunday afternoon and was laid to rest on Friday …
Read More »Savings groups decry multiple microfinance regulations
Bushenyi, Uganda | THE INDEPENDENT | Savings and Cooperative organizations have expressed concern over multiple regulations. The savings and cooperative Organizations currently are regulated by the registrar of Cooperatives, Uganda Microfinance Regulatory Authority, and Bank of Uganda. Speaking at the International Cooperative Day in Sheema Municipality on Saturday, John Njoki …
Read More »Coffee farmers urged to join cooperatives to boost production, market
Mbale, Uganda | THE INDEPENDENT | Coffee farmers in Mbale district have been urged to work through cooperative societies to boot their bargaining power during the sale of their products and the production of coffee. Speaking on Wednesday during the launch of the Fair for All Project by the Southern and …
Read More »Establishment of a Cooperative Bank critical in Uganda’s drive to middle income status
COMMENT | OSCORD MARK OTILE |The co-operative movement comprises of over 800 million people globally, and is found in almost every country. A co-operative is an association of persons united voluntarily to meet their common economic, social, and cultural needs and aspirations through a jointly owned and democratically controlled enterprise. …
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