Co-op Bank will save Uganda the ’embarrassment of borrowing from China’

Co-op Bank will save Uganda the ’embarrassment of borrowing from China’

Civil Society organizations have joined the push for the revival of the defunct Uganda Cooperative Bank. The Bank, which provided low-interest loans to farmers through cooperative societies, was wound up in 1998 amid reports of fraud and poor credit policies which triggered its insolvency and inability to raise minimum capital requirements. Its closure implied that […]