Rt Hon Anita Among, the speaker of Parliament has brought together all necessary stakeholders as she pushes for new laws. The speaker hopes to enact laws that will provide protection to SACCOS against any form of abuse. She made the call at the inaugural Annual National Microfinance and Savings Groups convened in Kampala today, 30th November. “This conference accords us ...
Read More »Youth Participating In Government Programs Tipped By Micro Finance Support Centre
The youth have been cautioned to take up opportunities in government programs to set them free from poverty. The Uganda Microfinance Support Centre (MSC) made this appeal to the youth after realizing the low numbers participating. The message came during the celebrations of Kamwokya Youth Centre. The executive director of MSC representative Mr James Muhwezi delivered the message. He revealed ...
Read More »Government To Give Each Constituency shs360M For Emyooga SACCOs
The government has finally decided to give each Constituency shs 360m for Emyooga SACCOs. One of the most pressing issues raised by beneficiaries of Emyooga has been the inadequacy of the seed capital. In the beginning, each constituency received shs560m. Each Sacco then received 30m while elected leaders received 50m worth of seed and capital. The issue has been that ...
Read More »Emyooga Program Now Moving To Buganda- Government
The government has announced its partnership with Buganda for the Emyooga program implementation. The State Minister for Microfinance, Haruna Kyeyune Kasolo revealed this. This program seeks to enable Ugandans in the informal sector to boost their household incomes. They will do this by growing people’s small businesses through saving in SACCOs and borrowing small interest rates. The minister however says ...
Read More »Presidential Initiative On Wealth And Job Creation Launched
Minister of State for Micro-finance Haruna Kasolo has launched the presidential initiative on wealth and job creation in Mukono district. The Presidential initiative is targeting various enterprises including SACCO’s for Bodabodas, women entrepreneurs, salon operators, taxi operators, welders, restaurant owners, market vendors, mechanics, produce dealers, persons with disabilities, youth leaders, fishermen, tailors and journalists among others. According to Kasolo, the ...
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