Newslex Point News in Uganda, Uganda news
President Museveni presided over International Youth Day celebrations, which was done “scientifically” due to the ongoing problem of COVID-19.
Cognisant of the extra strain brought about by this global pandemic, especially on our young people, the government has intensified efforts to open up many opportunities with access to financing and skills development being at the core of these efforts.
However, for better and sustainable utilization of these opportunities, it is imperative, now more than ever, that the youth internalize the message we have been putting out time and again. Identify with a sector towards wealth creation and do it with ekibaro/ Imar/ calculation. This can be in agriculture, manufacturing/ industry which includes value addition, Services or ICT.
Secondly, be honest in your organizations or associations if and, or when you access the funds. The associations are only viable if they are managed well and also honestly. This goes especially to our literate children, whose vocations may not be readily absorbed in the job market. Desist from joining dangerous groups like our children that studied only Arabic and ended up in the ADF out of brainwashing by wrong elements,’said Museveni.
There are a number of government initiatives geared towards empowering the youth that can be very helpful.
Development partners such as the UNDP have come on board. Today, president Museveni has launched the Youth 4 Business Innovation and Entrepreneurship facility. 10 million USD has been granted under this facility alongside a concessional loan of up to 200m USD, targeting the Youth.
You are encouraged to apply through www.undp.org. My daughter Anne Juuko of Stanbic Bank is talking about 14% as interest below market rate but I hope it can be revised down,’ he said.
Be honest in your organizations or associations if and, or when you access the funds. The associations are only viable if they are managed well and also honestly,’ he added.
Check also;
- President Museveni Launches New Kasubi Market
- Kenya Launches Online Marriage Services To Curb The Spread Of Covid-19
- Ministry Of Local Government Launches Local Economic Growth Support Project
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![[dropcap]A[/dropcap] section of women in Bugongo parish and Nawangaiza parish in Nawandala Sub County, Iganga District have decried the near-impossible terms set for them to access GROW funds. They have now petitioned their woman member of parliament for Iganga Hon. Kauma Sauda Alibaawo to ask the government for revised terms and conditions. This is to enable them to benefit from the program. The disgruntled women accuse the implementers of the program of charging the money. They are also asking for their land titles and land agreements. They said that such properties are governed by their husbands. These, therefore want the government through their woman MP to intervene and revise the requirements for one to benefit. The women were on Wednesday at Namabwere primary school in Nawandala Sub County. They had gathered in their respective groups to receive over 300 chickens from Hon Alibaawo in her campaign to improve the livelihood of women in Iganga district. Each group was given 50 chicken as start-up capital in their journey to prosperity. Read what some leaders said; Ms Naigambi Lydia from Nawandala Trading Centre says, “They solicited money from us through opening bank accounts and depositing Shs80,000. They also asked for land titles and land agreements from us yet we don’t have such things. I was informed that I needed to have a business with a capital of Shs4m yet my capital was very small.” The chairperson Kisoboka Saving Group in Nawandala Ms. Nakagolo Faith said they were not able to join the program. This is given the many conditions attached. She also asked their woman MP to raise their concerns to the relevant offices. The MP condemned the mode of implementation of the program. She cited that it has turned to benefit the well-off class of women other than the intended group. She further asked the government to intervene saying the current strings attached to the programme are very tight to accommodate a common woman. GROW project is a Government of Uganda initiative that arose out of the need to respond to the needs of women entrepreneurs. This is especially those who want to grow their businesses, sustain their self-employment and create more jobs. Check Also; Iganga District NRM Leaders Urge Museveni To Fulfill Election Promises Of 2021 International Women's Day: Celebrating Progress Towards Equality](https://i0.wp.com/newslexpoint.com/wp-content/uploads/2024/11/Iganga-women-decry-tough-terms-to-access-GROW-funds-e1731738339732.jpg?resize=300%2C160&ssl=1)
