MBARARA CITY – Uganda Co-operative Alliance is set to establish a national cooperative bank with the intention of addressing challenges that cooperators have been facing since their abolition in 1970’s.
This was revealed by the chairperson board Uganda Co-operative Alliance Tweyambe Jonas during a two days consultative meeting on the establishment of national cooperative bank and capacity building of cooperative held at Pelikan hotel in Mbarara city.
He noted that so far in the areas visited including Gulu, Fort portal, now Mbarara all the cooperators agreed anonymously over the establishment of a national cooperative bank.
Ivan Asiimwe, the general secretary Uganda Co-operative Alliance advocated for cooperative education in the education system as this will help the country to develop.
In his opening remarks Abdul Byakatonda, a Member of Parliament had asked the cooperator to exercise value addition as this will boost the economy.
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