• Latest
UPC Slams FDC for Fueling Hatred Under ‘Defiance’ Campaign

UPC Urges Govt to Expedite Revival of Cooperatives

5 years ago
ATMIS, Somali Security Forces Dismantle Al-Shabaab Cells and Checkpoints

ATMIS, Somali Security Forces Dismantle Al-Shabaab Cells and Checkpoints

4 hours ago
Over 482 People Arrested for Misappropriating PDM & Other Gov’t Funds- Brig Gen Isoke  

Over 482 People Arrested for Misappropriating PDM & Other Gov’t Funds- Brig Gen Isoke  

4 hours ago
DR Congo: UPDF Solve Water Crisis in Rutshuru Territory

DR Congo: UPDF Solve Water Crisis in Rutshuru Territory

4 hours ago
Nambi: Film on Buganda’s Kintu Folktale Premieres at Cinemax

Nambi: Film on Buganda’s Kintu Folktale Premieres at Cinemax

5 hours ago
Indian Pharmaceutical Firm Donates Drugs to UPDF Air Force

Indian Pharmaceutical Firm Donates Drugs to UPDF Air Force

5 hours ago
Brig Gen William Bainomugisha Takes Command of Military Police

UBOS Sacks Two Staff, Trains Supervisors for Pilot Census

10 hours ago
SoftPower News
Friday, June 2, 2023
  • News
  • Tourism & Travel
  • Business
  • Lifestyle
    • Fashion
  • Regional
    • Kenya
    • Rwanda
    • Tanzania
    • Burundi
    • South Sudan
    • DR Congo
  • Defence & Security
  • Sport
  • Entertainment
  • More
    • Agriculture
    • Africa
    • Columnists
    • Education
    • Health
      • COVID-19
    • International News
    • News in Pictures
    • OpEd
    • Pearl Of Africa
    • People
    • Politics
    • Special Reports
    • Women
No Result
View All Result
  • News
  • Tourism & Travel
  • Business
  • Lifestyle
    • Fashion
  • Regional
    • Kenya
    • Rwanda
    • Tanzania
    • Burundi
    • South Sudan
    • DR Congo
  • Defence & Security
  • Sport
  • Entertainment
  • More
    • Agriculture
    • Africa
    • Columnists
    • Education
    • Health
      • COVID-19
    • International News
    • News in Pictures
    • OpEd
    • Pearl Of Africa
    • People
    • Politics
    • Special Reports
    • Women
No Result
View All Result
SoftPower News
No Result
View All Result
Home News

UPC Urges Govt to Expedite Revival of Cooperatives

by Nixon Segawa
October 20, 2018
UPC Slams FDC for Fueling Hatred Under ‘Defiance’ Campaign

UPC Spokesperson, Michael Osinde addressing the press on Wednesday

0
VIEWS
FacebookTwitterWhatsApp

Uganda Peoples’ Congress (UPC) Spokesperson, Michael Osinde Orachi has applauded government for the steps being taken to revive Cooperative Unions in the country.

Speaking to SoftPower News, Osinde said that the willingness that has been exhibited by government through the Ministry of Trade and Cooperative is a positive move and a recognition of the UPC efforts for decades.

Related Stories

ATMIS, Somali Security Forces Dismantle Al-Shabaab Cells and Checkpoints

Over 482 People Arrested for Misappropriating PDM & Other Gov’t Funds- Brig Gen Isoke  

DR Congo: UPDF Solve Water Crisis in Rutshuru Territory

Government recently ordered Bank of Uganda to share the liquidation and audit reports which led to the closure of Cooperative Bank and Uganda Commercial Bank (UCB).

The Ministry of Trade, Industry and Cooperatives has written to the authorities at Bank of Uganda to explain why they closed Cooperative Bank.

Government wants to know the reasons for the closure of the bank to assist the Trade Ministry and the shareholders understand what could have gone wrong which will help the process of reviving Cooperative Bank.

“This is in recognition of the efforts UPC who are the brains behind the cooperatives. We have been pushing for this for decades,” Osinde said.

Osinde has however urged government to reconsider the structure of the cooperative education model. In Uganda, the highest level of qualification is a Diploma yet in neighboring countries, this has been already revised, he said.

“In attempting to scale up skilling the youth, we would advise that scholarships are given in line with Cooperatives Education Movement as opposed to just giving them handouts,” Osinde noted.

The UPC spokesperson said that Cooperative Movements were of a great advantage as opposed to the current SACCOs that have only issued handouts to people without skilling the people prior.

The cooperatives were a biggest foreign revenue earner in the days of President Milton Obote as opposed to the current regime.

“We like to urge government that the cooperative movement was a very big booster to the economy and once revived there would be a lot of dividends.”

Tags: Cooperative Bankfarmer cooperativesMichael OsindeNewsSoft Power NewsUgandaUPC

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recent Stories

ATMIS, Somali Security Forces Dismantle Al-Shabaab Cells and Checkpoints

Over 482 People Arrested for Misappropriating PDM & Other Gov’t Funds- Brig Gen Isoke  

DR Congo: UPDF Solve Water Crisis in Rutshuru Territory

Nambi: Film on Buganda’s Kintu Folktale Premieres at Cinemax

Indian Pharmaceutical Firm Donates Drugs to UPDF Air Force

UBOS Sacks Two Staff, Trains Supervisors for Pilot Census

SoftPower News

SoftPower News is a subsidiary of SoftPower Communications LLC, a Ugandan digital media group. Keep posted of the latest from Uganda and East Africa.
Plot 4B Malcolm X, Kololo
P.O Box 1497, Kampala - Uganda
Tel: +256-392-001-701
Email: info@softpower.ug

This news site is licenced by Uganda Communications Commission (UCC)

ADVERTISEMENT
  • News
  • Tourism & Travel
  • Business
  • Lifestyle
  • Regional
  • Defence & Security
  • Sport
  • Entertainment
  • More

© SoftPower News

No Result
View All Result
  • News
  • Tourism & Travel
  • Business
  • Lifestyle
    • Fashion
  • Regional
    • Kenya
    • Rwanda
    • Tanzania
    • Burundi
    • South Sudan
    • DR Congo
  • Defence & Security
  • Sport
  • Entertainment
  • More
    • Agriculture
    • Africa
    • Columnists
    • Education
    • Health
      • COVID-19
    • International News
    • News in Pictures
    • OpEd
    • Pearl Of Africa
    • People
    • Politics
    • Special Reports
    • Women

© SoftPower News

error: Content is protected