Fort Portal, Uganda | THE INDEPENDENT | 20 Emyooga SACCOs in Fort Portal city have been selected to benefit from an additional seed capital of 20 Million Shillings each from the government. Angalia Kasigwa Godwin, the Resident City Commissioner of Fort Portal says that the SACCOs were selected to benefit from …
Read More »Kaliro district commercial officer on the run after misappropriation of emyooga funds
Kaliro, Uganda | THE INDEPENDENT | The Kaliro district commercial officer, Chris Muwanika, is wanted for allegedly fleeing with Shillings 300 million meant for the Emyooga program. Muwanika is accused of using his office to generate a fake list of Emyooga beneficiary bank accounts, which he used to withdraw the money …
Read More »EMYOOGA: Sembabule explains their poor recovery of Emyooga Funds
Sembabule, Uganda | THE INDEPENDENT | Poor timing in the release of funds to beneficiaries of the Presidential wealth creation initiative- also known as Emyooga has been blamed for the low recovery of the program funds in Sembabule district. Under the arrangement, the government, through the Ministry of Microfinance, mobilized …
Read More »Zombo performing artists sacco leaders fight over emyooga cash
Zombo, Uganda | THE INDEPENDENT | The leaders of Zombo district performing artists and Zombo district gospel music association are bickering over the alleged illegal withdrawal of emyooga cash. Zombo district performing artist association is accusing the District Commercial Officer Lamet Olum, of reportedly conniving with the gospel music association members …
Read More »Arua district struggling to recover UGX 12Bn Emyooga funds
Arua, Uganda | THE INDEPENDENT | Several Emyooga SACCOs in the West Nile region are struggling to recover the funds they disbursed. From 2019 to date, the government-funded 455 Emyooga SACCOs in West Nile through the Microfinance Support Center. Eighteen enterprises per constituency namely, taxi operators, fishermen, journalists, veterans, boda bodas, women …
Read More »Fuel and food prices threaten foundation of Parish Development Model
COMMENT | Samson Tinka | As of 14th July 2022, fuel pump prices were racing towards a record sh7,000 per litre in Kampala as the fear of disruption to the supply of fuel increased across the country. The timing could not have been worse for the architects of the Parish Development …
Read More »UPDF captain detained over misappropriation of emyooga funds
Jinja, Uganda | THE INDEPENDENT | Dan Byakika, a captain from the UPDF Jinja cantonment and the chairperson of the Northern Division Veterans Emyooga Sacco, is in trouble for the alleged misappropriation of Emyooga funds. He was picked by officers from Kiira police region for allegedly withdrawing Shillings 24 Million from …
Read More »Mbarara officials arrested over Emyooga funds
Mbarara, Uganda | THE INDEPENDENT | The Assistant Commercial Officer of Mbarara City and three Emyooga SACCO leaders are in custody for the alleged misappropriation of over Shillings 30Million. The suspects are Donati Mutahi, the Assistant City commercial officer, Agaspus Taremwa, the Chairperson of Mbarara City Saloon Emyooga SACCO, Twaha …
Read More »Emyooga beneficiaries in Kasese record success from the program
Kasese, Uganda | THE INDEPENDENT | Beneficiaries of Emyooga program in Kasese district are reporting success since the program was rolled-out in the district more than a year ago. Program beneficiaries who interacted with URN say the seed capital has helped them start or grow their businesses, learn business and saving cultures …
Read More »Gov’t to extend additional funding to successful Emyooga groups
Kasese, Uganda | THE INDEPENDENT | The government will in the next financial year give an extra 20 million shillings to excelling Emyooga groups and Savings and Credit Cooperative Organizations-Saccos across the country. These additional funds are meant to boost the seed capital for the beneficiaries. Meeting district leaders in Kasese …
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