Kampala, Uganda | THE INDEPENDENT | The new leadership at the Ministry of Trade, Industry and Cooperatives want the Ministry of Finance, Planning and Economic Development, and the Bank of Uganda, to stay away from the management issues of the cooperative sector. The State Minister in Charge Cooperatives, Frederick Ngobi Gume …
Read More »Kabuleta, Kalembe pledge to revive trade cooperatives
Kabale, Uganda | THE INDEPENDENT | Independent presidential candidates, Joseph Kabuleta and Nancy Kalembe have pledged to revive Cooperatives once elected into power. The duo was campaigning at different venues in Kabale district on Tuesday. Kabuleta spoke to his mobilizers from Kabale, Rukiga and Rubanda districts at Victoria Inn in Kabale …
Read More »Trade Ministry issues new guidelines for cooperatives
Kampala, Uganda | THE INDEPENDENT | The Ministry of Trade, Industries and Cooperatives has issued new guidelines to cooperative societies around the country during this COVID-19 period. Speaking to the media at the Uganda Media Centre in Kampala, Frederick Gume Ngobi, the State Minister for Cooperatives said they have allowed …
Read More »Kabaka calls for boost to restoration of cooperatives
Entebbe, Uganda | THE INDEPENDENT | The Kabaka of Buganda Ronald Muwenda Mutebi II has asked the government to re-engage communities in the quest to restore cooperatives. He said that the cooperative movement was the engine for Uganda’s development in the past and that it needed to be revived to help …
Read More »Will Uganda’s bank for cooperatives be a reality?
Cooperative banks worldwide were financed by cooperatives societies Kampala, Uganda | ISAAC KHISA | For some time now, Uganda’s cooperatives societies have expressed the need to re-establish the Cooperative Bank as their main source of capital for production, processing, diversification and value addition. Whereas they seem to have made a …
Read More »THIS WEEK: Cooperatives laws need to be reviewed – UCA
Kampala, Uganda | THE INDEPENDENT | Cooperatives in Uganda are in need of a new law to protect and make them more efficient, according to Ivan Asiimwe, the secretary general of Uganda Cooperative Alliance. Asiimwe, who was speaking during the UCA’s 50th Annual General Meeting held at Grand Imperial Hotel on …
Read More »Mukwaya visits West Uganda, says women’s fund UWEP starting to bear fruits
Kisoro, Uganda| THE INDEPENDENT | Gender Minister Hajat Janat Mukwaya has said the fruits of the Uganda Women’s Entrepreneurship Programme (UWEP) are begining to show countrywide, with more groups making big strides in fighting poverty in Uganda. Minister Mukwaya alongside the Permanent Secretary Pius Bigirimana and the Programme line managers are …
Read More »CIC Africa Limited to raise Shs7.2billion to fund expansion
CIC Africa Limited is seeking to raise Sh7.2billion to recapitalise the company’s subsidiaries and fund its expansion. The company plans to raise the funds through sale of 49 % stake to Uganda based co-operatives unions and savings and credit cooperative Societies. Launching the offer on Oct 17, the firm’s chairperson …
Read More »Managing a Shs 180bn SACCO
Col. Simon Ocan is the chief executive of Wazalendo, the SACCO for the Uganda People’s Defense Forces (UPDF). He spoke to Flavia Nassaka about their operations and pertinent issues to the cooperative movement in the country. What are the key elements in your management style? In management, there are three …
Read More »MSMEs to spur middle income status
Ministry of Trade, Industry and Cooperatives (MTIC) will provide more opportunities for small scale enterprises thru Micro Small Medium Enterprises (MSME) to achieve the 2040 middle income status. During the handover ceremony at Farmers’ House, Minister MTIC, Amelia Kyambadde communicated to Ministry officials that the ministry under the MSME …
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