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Museveni Urged To Assent To Cooperative Amendment Bill As Nation Gears-Up For International Cooperative Day

This Year’s Cooperative Week Celebrations has been launched with call for immediate assenting of the Cooperative Amendment Bill 2016 by the President.

The Weeklong event was launched by the Trade, Industry and Cooperatives Minister, Hon, Amelia Kyambadde on Thursday June 27.

The theme of this year’s celebrations to be marked on July 6 2019 at Wakiso District headquarters is “Cooperatives for Decent Work.”

The International Coop Day event will be co-hosted by the teachers’, Walimu SACCO and the Cooperative Insurance Company Limited (CIC).

Other partners supporting the weeklong celebrations include, Uganda Cooperative Alliance, the Uhuru Institute for Social Development, and the International Cooperative Alliance.

Trade Minister, Amelia Kyambadde revealed that they had invited President Yoweri Museveni as chief Guest at the main celebrations to be held at the Wakiso District Headquarters Playground.

Addressing the press at the Uganda Media Center, Hon. Kyambadde said the weeklong event will include National Prayers with the Muslim Community on Friday, 28 June 2019 at Old Kampala Mosque, and across all mosques country wide.

On Saturday 29th June, prayers will be held by all Seventh Day Adventists churches countrywide, with main celebrations to be conducted at the Seventh Day Adventists Community at Makerere Church (Opposite LDC).

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On Sunday, 30th June 2019, National Prayers with Christians will be held at Rubaga Cathedral, Namirembe Cathedral and through the National Fellowship of Born Again Pentecostal Churches and across the Country.

The countrywide cleaning of markets kicks off on Monday 1st July with the climax of the activity to be held at Nakawa Market to be led by Hon. Amelia Kyambadde.

The coop week event will also involve the National Tree Planting Campaign to kick-start on Tuesday, 2nd July in Gomba.

National Country wide blood donation starts on Wednesday, 3rd July 2019 spearheaded by the Uganda Blood Transfusion Service in Constitutional Square in Kampala, St. Balikudembe Market and Ham Towers in Kampala.

There will be a Medical Camp in Wakiso District Headquarters as well as a sports Gala, a Cooperative Symposium and Exhibitions at the Wakiso District Council Hall on Friday.

As Uganda joins the rest the world in celebrating International Cooperative Day that has been marked for the last 97 years, the Uhuru Institute has noted that for this momentum to be sustained, the President needs to urgently ascent to the Cooperative

Amendment Bill 2016 which was passed by Parliament in May 2019.

The Uhuru Chief Executive Officer, Mr. Leonard Okello observed that the 2019 Cooperative Week comes in the context of the increase in the number of cooperatives being registered and the efforts towards rebuilding the businesses of the older unions should be of main focus.

Addressing the press at the sidelines of the Coop Day launch, Okello said: “The Government should finalize the war losses compensation to the Cooperatives Unions so that such resources can be used to capitalize their businesses.”

Commenting about the defunct Cooperative Bank, Mr. Okello noted that Government should recognize that there were major flaws in the closure and liquidation process of the cooperative bank.

“Government should consider availing a fund that can kick start the reestablishment of the cooperative bank by giving priority to the original shares holders of the bank,” he said.

Hon Amelia Kyambadde said all paper work was ready following the amendment of the Cooperative Act that awaits assenting by the President. “It may take us like two years to revive the Cooperative Bank,” said Amelia.

The Uhuru CEO urged government to increase its supervisory and regulatory

role to curb the increasing incidences of corruption and abuse of office.

“This can be achieved through reestablishing a fully-fledged Cooperative Ministry with skilled staff and a sizeable budget that can increase national outreach,” advised Okello.

He called upon government and cooperatives to priorities investment in industry so as to increase opportunities for decent employment.

The Uhuru Institute for Social Development works with Cooperatives, Government MDAs, Development Partners and private businesses to advance and apply the cooperative business model in pursuit of inclusive socio-economic development.

 

 

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