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Deputy Governor Daniel Chemno said the cooperatives will help them pull their resources together for collective and individual growth.
The deputy registrar has also warned that in case of failure, the office bearers of all 603 cooperative societies will be liable to face penal consequences under section 65-B of the Cooperative Societies Act 1925, which defines that the office bearers of a cooperative society shall be deemed to be a public servant within the meaning of section 21 of the Pakistan Penal Code 1860 (XLV.of 1860).
" "Such recommendation was made without even giving due process to the electric cooperatives," Philreca said.
The first formal cooperative in Uganda was the Kinakulya Cooperative Society, established in 1913 in the Central region (Kabuga and Kitandwe, 1995; Kwapong and Karugyendo, 2010 a).
At present, the country has 1,74,700 cooperatives with 1,09,00000 members, she said, adding that peoples irrespective of different professionals are reaping the benefits from agriculture, fisheries, livestock, savings, distribution of credit, dairy and cottage industries, garments, housing, banks, insurances, commodity marketing, Asrayan and Ekti Bari Ekti Khamar under the cooperatives society.
As such Abdul Fattah hoped that the new government would continue to stay committed in developing and empowering the cooperative sector in the country to help members receive the appropriate benefits.
Theme of 2018 International Day of Cooperatives is sustainable consumption and production.
He further said, efforts are also being made to activate management of the cooperative housing societies.
Padre Garcia Development Cooperative, Pansol, Padre Garcia, Batangas
Dreyer was involved in the formation of a large fertilizer cooperative in India and was an advocate for the formation of the Southern Federation of Cooperatives.
What's the difference between the cooperative business model and the corporate business model?

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