Kikuube, Uganda | THE INDEPENDENT | John Paul Mugabe, the Buhaguzi Constituency Mechanic Emyooga Saving and Credit Co-operative Society-SACCO chairperson in Kikuube district is in police custody for allegedly swindling Shilling 15 million belonging to the SACCO. He was arrested on Tuesday on the directives of Haruna Kasolo, the State Minister for …
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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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Kampala, Uganda | THE INDEPENDENT | Groups and Savings and Credit Cooperative Organisations, SACCOs that have utilized funds under the Emyooga program, will be rewarded with another 20 Million Shillings as seed capital. This is aimed at encouraging good practices among beneficiaries of the presidential wealth creation program launched in 2019 to …
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Kampala, Uganda | THE INDEPENDENT | The government has relaxed conditions that require Emyooga Savings and Credit Cooperative Societies to seek recommendations from district commercial officers before they access money on their bank accounts. In 2020/21, the government released 30 Million Shillings to each of the 18 Emyooga Savings and Credit …
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Kampala, Uganda | THE INDEPENDENT | The Emyooga programme across the country was poorly implemented, Members of Parliament have unanimously agreed. The legislators during plenary on Thursday, 16 September, 2021, criticised the government for the systemic failure in the implementation of the presidential Initiative rolled out in October 2020 aimed at …
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Kampala, Uganda | THE INDEPENDENT | Uganda’s micro, small scale entrepreneurs will have to wait a little longer before they can access the COVID-19 relief package that was promised to them in July this year. The government says it is still working on the modalities of managing the cash to ensure …
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Kampala, Uganda | THE INDEPENDENT | The Finance Committee of Parliament has tasked Uganda Microfinance Regulatory Authority-UMRA crackdown on unscrupulous money lenders illegally operating in the country. This came up when the UMRA, Edith Tusubira appeared before the committee on Wednesday alongside the Microfinance State Minister, Haruna Kasolo to present their …
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Kampala, Uganda | THE INDEPENDENT | Less than half of the Savings and Credit Cooperative Societies- SACCOs that the government registered to benefit from the Emyooga Initiative have received the funds. The initiative aimed at creating jobs and improving household incomes Ugandans in the Boda Boda industry, taxi drivers, restaurant owners, …
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Kampala, Uganda | THE INDEPENDENT | Haruna Kyeyune Kasolo, the minister of state for Microfinance has denied accusations of holding a mass rally in Kyotera County where he is seeking to retain his parliamentary in violation of the Standard Operating Procedures-SOPs to stop the spread of COVID-19. He told journalists at …
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Kampala, Uganda | THE INDEPENDENT | The Minister of State for Microfinance Haruna Kasolo has criticized the manner in which Kampala Capital City Authority – KCCA law enforcement officers deal with street vendors. KCCA law enforcement officers are known for brutally arresting vendors and confiscating their merchandise. In 2017, a street vendor Olivia …
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