Buvuma, Uganda | THE INDEPENDENT | The State Minister for Micro-Finance, Haruna Kyeyune Kasolo has given Buvuma district officials a two-week ultimatum to return the money they borrowed from various Savings and Credit Cooperative Societies-SACCOs under the Emyooga program. According to information obtained by URN, 16 Saccos in Buvuma district received …
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Kampala, Uganda | THE INDEPENDENT | Private school teachers have asked Parliament to urge government to provide funds towards the Savings and Credit Cooperative Organizations-SACCOs for private teachers, despite the group failing to organize themselves to obtain the initial 20 billion Shillings Covid-19 presidential grant. The private teachers leaders under …
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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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Why not exploit opportunities for public private partnership instead of focusing on loans from local banks? COMMENT | RUGABA AGABA | Andrew Mwenda’s “Uganda’s self-destructive impulses” in the Independent Magazine of August 9, 2021 raises interesting perspectives on Uganda’s banking industry and local capital development for social economic transformation. Whereas …
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Kampala, Uganda | THE INDEPENDENT | Tension is mounting among casual labourers employed by Kampala Capital City Authority-KCCA. This follows a decision by 7 Hills, which is volunteering with KCCA to recruit workers for the same jobs held by casual labourers. One of the workers who chose to identify himself …
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Kampala, Uganda | THE INDEPENDENT | Nine people have been arrested in connection to the embezzlement of Sh11 billion meant for teachers. The money was part of the Sh25 billion which was released by the Ministry of Finance as a revolving fund to improve the welfare of teachers in government …
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Sam Mwogeza is the head, Consumer and High Net Customers at Stanbic Bank Uganda. He spoke to The Independent about the lender’s plan to finance the country’s economic comeback from the pandemic. You have had a successful first half of the year, judging by your Shs 154.9bn net profit. Does …
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Bunyangabu, Uganda | THE INDEPENDENT | Members of Parliament from Bunyangabu district have tasked the Resident District Commissioner Jolly Tibamanya to investigate the validity of Emyooga associations. Davis Kamukama, the Bunyangabu County MP and Peace Mutuuzo Regis, the District Woman MP who are currently assessing the impact of the Emyooga program …
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Kampala, Uganda | THE INDEPENDENT | Mukono municipality commercial officer Minisa Namukose has instructed banks to stop disbursing money to Savings Credit and Cooperative Societies-SACCOs registered under the Emyooga initiative. This follows irregularities unearthed during the assessment of the program by Members of Parliament. The government disbursed 560 Million Shillings to …
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Kyotera, Uganda | THE INDEPENDENT | Members of Parliament from Kyotera district have queried the criteria used to spend more than one billion Shillings under Emyooga, a presidential initiative aimed at wealth and job creation. The scheme was launched in 2019 to enhance the entrepreneurial capacity of selected enterprises and groups …
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