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Tag Archives: Emyooga

Emyooga defaulters face arrest

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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Masaka unhappy with delay to gazette Parish Model guidelines

Masaka, Uganda | THE INDEPENDENT | Masaka City and Local Governments have expressed concern over the government delay to gazette guidelines for implementation of the Parish Development Model-PDM. The Parish Development Model program which was allocated Ushs200billion this financial year with each parish supposed to get Ushs19.1 million is the …

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Loan sharks, communication gaps hamper progress of Emyooga program in Sembabule

Sembabule, Uganda | THE INDEPENDENT | Unscrupulous money lenders and misrepresentation of guidelines have been identified as the major impediments to the effective implementation of the Emyooga program in Sembabule district. Emyooga is a presidential wealth and job creation initiative, which was launched in 2019, targeting to enhance entrepreneurial capacities of …

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Minister gives Buvuma leaders two weeks ultimatum to return Emyooga funds

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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2021 resilient economy

  Ramathan Ggoobi Key interventions by government supported positive recovery   Kampala, Uganda | THE INDEPENDENT | Economic analysis for the year 2021 shows a somewhat positive recovery as opposed to a year before as government eased COVID-19 pandemic restrictions. According to the ministry of finance annual report which incorporates …

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Apac leaders top list of emyooga defaulters

Apac, Uganda | THE INDEPENDENT | Political leaders in Apac district have come under the spotlight for defaulting Emyooga funds. Through Emyooga, the government sought to support 18 categories of associations, namely: boda boda riders, women entrepreneurs, welders, taxi operators, fishermen, journalists, veterans, performing artists, and elected leaders among others. In …

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Youth leaders in Bududa district demand emyooga savings

Bududa, Uganda | THE INDEPENDENT | Youth leaders of Mabono sub county, Bududa district are demanding their Emyooga savings after failing to benefit from the program. The Emyooga initiative is aimed at enhancing wealth and creating jobs for the people of Uganda which saw every constituency financed with 30 million shillings …

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EMYOOGA: Each constituency to receive additional sh360M

  Masaka, Uganda | THE INDEPENDENT |  Minister of State for Finance, Planning and Economic Development in charge of Microfinance Hajj Haruna Kasolo Kyeyune has announced an additional sh360 million to be injected into the program in each constituency, with each well-performing SACCO set to receive 20 million. The additional seed …

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Savings hit sh40 billion mark in one year of Emyooga

  Masaka, Uganda | THE INDEPENDENT | Beneficiaries of the Presidential Initiative on Wealth and Job Creation (Emyooga) have mobilized over sh40 billion in savings over the past one year. One of the key prerequisites for any member to borrow from an Emyooga SACCO is regular and consistent saving. Going by …

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