Cooperative bank

By Mike Sebalu The Ministry of Trade, Industry, and Cooperatives together with Uganda Cooperative Alliance, has kicked off a process of revive the defunct cooperative bank, KFM has learnt. The bank was established in the 1960s as a commercial bank, but later closed on May 19, 1999 over alleged mismanagement […]

The State Minister for Cooperatives, Mr. Fredrick Gume Ngobi has revealed that plans are on to revive the Cooperative bank. The bank collapsed during the early 1990s over alleged mismanagement. Ngobi now says s a Cabinet paper to that effect has already been tabled, further calling for support towards the […]