Kampala, Uganda | THE INDEPENDENT | The Uganda government has been commended for supporting recovery of business activities but more efforts needs to be done to have meaningful impact to the micro and small scale entrepreneurs, according to Joanita Nassuna, the Program Associate in charge of women and economic justice …
Read More »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 …
Read More »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 …
Read More »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 …
Read More »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 …
Read More »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 …
Read More »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 …
Read More »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 …
Read More »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 …
Read More »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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