Musicians, Journalists Tipped on Utilizing ‘Emyooga’ Funds

1 Mins read

Dr. Hillary Musoke  Kisanja, the Director National Youth Skilling Program under the office of the President has called upon journalists in the entertainment sector as well as the entertainers and musicians to formalize their savings groups (SACCOs) so that they can be able to benefit from government programs such as the ’emyooga’ initiative.

While meeting journalists in Kampala from various media outlets, Kisanja said that this money is for all Ugandans who have met the set requirements.

“Nobody should lie to you that you have to pay in order to access these funds, once you have a group and its members are serious in saving with the required paper work, just invite the team from the Ministry of Finance to take you through the process,” Kisanja said.

Kisanja said that it will be disappointing if all other groups of people benefit from the scheme when the journalists, who are preachers of the program, haven’t gained anything.

“Saving in these groups is essential because it’s one of the indicators that members are committed and can be able to manage the funds which are going to be allocated to them since emyooga cash is just a supplementary,” he added.

‘Emyooga’ is a Runyankore word meaning a group of people doing the same thing. Emyooga is a Presidential initiative which was recently launched by President Museveni to help Ugandans improve their financial welfare through SACCOs and  its being championed by the Minister in charge of Microfinance, Hon  Haruna Kasolo.

The programme targets Ugandans especially in the informal sector who are required to come together in form of savings and credit cooperative societies.

In the same vein, a team from State House met with Ggaba Road Carpenters who are yet to be evicted from Nsambya Road Reserve by UNRA in its road expansion program.

These reported that they have not benefited anything from the machines which President Museveni donated to them because some of their leaders turned them in to their personal equipment.

In response to this, the team from State House assisted the carpenters in electing an interim committee to assist them in managing the machines as well as their SACCO.


Source – ChimpReports

Power your brain with Ugandan News

Add some text to explain benefits of
subscripton on your services.

Leave a Reply

Your email address will not be published. Required fields are marked *