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Advice Centres in Derry angry over proposed funding cuts

Advice Centres in Derry angry over proposed funding cuts “It’s absolutely scandalous. Why would anyone consider cutting funds during a pandemic when there is increased unemployment and mental health problems.” Advice NW and Resource Centre Derry have been impacted by proposed funding cuts. Reporter: );   ); There are three recognised advice providers based in the city. The Derry News has seen a document from an independent consultant who recommended annual funding be reduced for two of the advice centres - Advice NW by £24k and Resource Centre Derry in Carnhill by £11k. At the same time, the consultant recommended that a third local advice centre, Dove House in the Bogside, receive an uplift of around £35k.

Microsoft partners with World Council of Credit Unions to fast-track innovation in financial services

Microsoft East Africa, through the support of its 4Afrika initiative, has signed a Memorandum of Understanding (MoU) with World Council of Credit Unions (WOCCU) to help accelerate digital transformation within the Savings and Credit Cooperative Organisation (SACCO) sector. SACCOs play a key role in Kenya’s economic strategy, bolstering income-generating opportunities and more recently contributing to around 5.7 percent of the country’s GDP. According to the Sacco Societies Regulatory Authority (SASRA), they form an important part of the deposit taking and lending market in Kenya, providing financial services to around six million households across the country. “The AppFactory will turn young people into highly competent, in-demand ICT professionals. Local companies, including ourselves, need more of this talent, especially in an increasingly digital world,” says Tim Hobbs, Director and CEO of Mawingu Networks.

Microsoft Joins with World Council to Fast-track Innovation in Financial Services

Parties will work to establish a framework for the digital transformation of SACCOs in Kenya April 28, 2021 NAIROBI Microsoft East Africa, through the support of its 4Afrika initiative, has signed a Memorandum of Understanding (MoU) with World Council of Credit Unions (WOCCU) to help accelerate digital transformation within the Savings and Credit Cooperative (SACCO) sector. SACCOs play a key role in Kenya’s economic strategy, bolstering income-generating opportunities and more recently contributing to around 5.7 percent of the country’s GDP. According to the Sacco Societies Regulatory Authority (SASRA), they form an important part of the deposit taking and lending market in Kenya, providing financial services to around six million households across the country.  

Appeal for those in financial crisis to seek advice

Appeal for those in financial crisis to seek advice The Mayor of Derry City and Strabane District, Councillor Brian Tierney, has appealed to anyone struggling with debt or anxiety due to the impact of Covid19 to please pick up the phone and seek assistance from the network of support services available locally. Local advice services have now been extended to meet the increasing demand for information and advice through the Covid-19 Financial Inclusion Partnership Fund. Council’s advice service partners at Advice North West, Dove House and the Resource Centre have all stepped up to deliver a specially tailored programme of support through the Financial Inclusion Project, supported by the Department for Communities, to meet the immediate financial and debt needs of local people who are juggling finances to keep families afloat.

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