Tag Archives: Fund

By Eric Yiga Tension and disappointment are brewing among youth living in the ghettos of Mukono District, who claim they never benefited from the money President Yoweri Kaguta Museveni pledged to support them with in 2023. In December 2023, President Museveni promised to give each ghetto Savings and Credit Cooperative Organization (SACCO) Shs100 million to help members start small businesses …

By Martin Mulindwa Seguya In an unpredictable economy, a financial safety net is more vital than ever. A reasonably stocked emergency fund is essential for weathering life’s unexpected storms without falling into a cycle of debt. While saving may seem daunting, especially in this economy, it is necessary for financial stability and wealth-building. What Exactly Is an Emergency Fund? Advertisements …

By Jumah KakomoPresident Yoweri Museveni has announced plans to establish a special fund for unemployed university graduates in his next term, aimed at supporting them to start their own businesses. “I am going to start a fund for university leavers. If you have left university and haven’t got a job for two years, I want you to benefit from this …

Kampala, Uganda – Fresh evidence has emerged in the explosive case against Bank of Africa Uganda Ltd, placing the lender at the heart of what staff members describe as a systemic scheme of financial exploitation, coercion, and misappropriation targeting both customers and staff. In addition to the High Court affidavit filed by former staff member Michael Mwesigwa exposing coercive loan …