Why President’s false math could be costly Kampala, Uganda | MUBATSI ASINJA HABATI | President Yoweri Museveni says each beneficiary of the latest government direct cash injection for the poor; the Parish Development Model (PDM), should get at least Shs1 million. Speaking at the launch of PDM on Feb.26, President …
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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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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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The Independent Uganda: You get the Truth we Pay the Price