Tag Archives: funds

Napak, Uganda | THE INDEPENDENT | Napak district has started disbursement of the 3.1 billion Shillings Parish Development Model-PDM funds to 558 SACCOs. At least 25 million Shillings has already been distributed to 25 beneficiaries in Nakichumet parish in Matany Sub County as they plan to roll out to other parishes. …

Addis Ababa, Ethiopia | Xinhua | The United Nations Office for the Coordination of Humanitarian Affairs (UNOCHA) appealed for additional funding to address the needs of people crossing into Ethiopia due to the ongoing security situation in Sudan. The UNOCHA, in its latest situation update issued Friday, said some 85,0000 people …

Kabale, Uganda | THE INDEPENDENT | Duncan Twesigye, the Manager of Kigezi Umoja Savings and Credit Cooperative Organization (UMOJA SACCO) in Kabale has been arrested for allegedlly embezzling 36 million Shillings. Twesigye has been on the run prompting the Sacco management to file a complaint at Kabale Police Station accusing Twesigye …

Amolatar, Uganda | THE INDEPENDENT | Amolatar district local government has started disbursing 4.1 billion Shillings meant for the Parish Development Model (PDM) program. A total of 85 SACCOs have received different amounts. For instance, 3.1 billion Shillings was given to 55 SACCOs , 917 million shillings shared among 28 SACCOS …

Gulu, Uganda | THE INDEPENDENT | Detectives from the State House Anti-Corruption Unit have arrested the Gulu City Council Principal Commercial Officer over alleged abuse of the Parish Development Model (PDM) fund. Nixon Atemo was reportedly picked up by Police on Thursday afternoon, hours after being grilled by detectives from the …

Kampala, Uganda | THE INDEPENDENT | President Yoweri Museveni has called for harsh punishment of public servants involved in the embezzlement of Parish Development Model – PDM funds. Museveni made the call while delivering his address on matters of national importance to Members of Parliament at Kololo Independence Grounds in Kampala. …

Sembabule, Uganda | THEINDEPENDENT | The Sembabule district leadership has tasked the Resident District Commissioner Caleb Tukaikiriza to institute investigations into alleged embezzlement of Emyooga programme funds through ghost enterprise groups. Sembabule received over two billion shillings which was lent out to 73 enterprise groups in the four constituencies under the …

Kampala, Uganda | THE INDEPENDENT | Standard Chartered Bank Uganda has launched an offshore Mutual Funds product for their clients during a press conference held at Kampala Serena Hotel and presided over by the Bank’s CEO, Sanjay Rughani and Keith Kalyegira, the CEO, Capital Markets Authority among other executives. With this …

Kitgum, Uganda | THE INDEPENDENT | The recovery rate of funds disbursed to beneficiaries under the Presidential Initiative on Job and Wealth Creation program, Emyooga in Kitgum is reportedly low. The program being implemented countrywide targets 18 clusters in each constituency including Boda Boda cyclists, taxi operators, salon operators, restaurant owners, …

Kampala, Uganda | THE INDEPENDENT | Heads of Sports Federations have asked the government to provide timely funding to enable the commonwealth teams adequately prepare for the forthcoming Birmingham Games. Uganda is expected to have more than 10 sports disciplines at the 2022 Common Wealth Games that will be held in …