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Tag Archives: SACCOs

Emyooga was poorly executed – Parliament

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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On Mwenda’s self-destructive impulses

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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Over 2000 city casual workers fear for their jobs

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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Sh11 billion for teachers vanishes, 9 arrested

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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Bunyangabu district MPs task RDC to investigate ghost Saccos

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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Mukono municipality freezes accounts of Emyooga beneficiaries over irregularities

Kampala, Uganda | THE INDEPENDENT | Mukono municipality commercial officer Minisa Namukose has instructed banks to stop disbursing money to Savings Credit and Cooperative Societies-SACCOs registered under the Emyooga initiative. This follows irregularities unearthed during the assessment of the program by Members of Parliament. The government disbursed 560 Million Shillings to …

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Emyooga funds spent on unregistered Saccos in Kyotera

Kyotera, Uganda | THE INDEPENDENT | Members of Parliament from Kyotera district have queried the criteria used to spend more than one billion Shillings under Emyooga, a presidential initiative aimed at wealth and job creation. The scheme was launched in 2019 to enhance the entrepreneurial capacity of selected enterprises and groups …

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Mistrust, bureaucracy hindering effectiveness of Emyooga program in Masaka

Masaka, Uganda | THE INDEPENDENT | Bureaucratic tendencies and mistrust among beneficiaries have been blamed for the slow progress of the Emyooga program in Masaka. Several of the intended beneficiaries in the area have continuously lost interest in the program with some withdrawing their membership from Savings and Credit Cooperatives- SACCOs. …

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Mukono Saccos fail to recover Emyooga funds

Kampala, Uganda | THE INDEPENDENT | Savings and Credit Cooperative Organization-Saccos in Mukono district are yet to recover funds that were disbursed to beneficiaries under the Emyooga program. The district registered 1,093 associations forming 51 Saccos in Mukono North, Mukono South and Nakifuma County. Each of the Saccos received 30 Million …

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