• Home
  • About
  • Join Us
  • Contact
93.3 KFM
  • Home
  • HotSeat
  • News
    • Business
    • Health
    • Sports
    • Lifestyle
  • Events
  • Contact Us
  • Promotions
  • Presenters
  • PHOTO GALLERY
No Result
View All Result
  • Home
  • HotSeat
  • News
    • Business
    • Health
    • Sports
    • Lifestyle
  • Events
  • Contact Us
  • Promotions
  • Presenters
  • PHOTO GALLERY
Subscribe
No Result
View All Result
93.3 KFM
No Result
View All Result
Home Business

Museveni Waives Collateral On Wealth Creation Loans

Reporter by Reporter
January 28, 2016
in Business, News
0
Museveni Orders IGP To Investigate Illegal Fishing Activities
5
VIEWS
Share on FacebookShare on Twitter

President Yoweri Museveni has waived the requirement for collateral before Ugandans can access government funds aimed at wealth creation.
While campaigning in Kiboga and Kyankwanzi district earlier today, Museveni said he had received complaints that some youth had been asked for security before benefiting from the Youth Livelihood Programme.
Museveni argued that the collateral for the poor is the individual’s trust group. He argued that if the people demanding for government’s financial support had collateral, they would have got loans from commercial banks.
Museveni also said the newly created Women Entrepreneurship Fund will be allocated Shs 234 billion.
He also promised to increase funds into SACCOs which have been at subcounties from the current 44 billion to 180 billion.He said the each village in the country will atleast get Shs 2 million.
The President had earlier completed his campaigns with a rally in Bunyoro region with a rally at Kakindo playground in Kyabigambire subcounty in Hoima district.

Story By Francis Mugerwa

Related articles

Uganda Airlines to start long haul flights

Ten people killed in South Sudan plane crash

Reporter

Reporter

Related Posts

Uganda Airlines to start long haul flights

Uganda Airlines to start long haul flights

by Noelyn Nassuuna
March 3, 2021
0

By Ritah Kemigisa All is set for Uganda Airlines to start the long intercontinental flights to Europe, Asia, and Middle East using its Airbus A330-800 neo....

Ten people killed in South Sudan plane crash

Ten people killed in South Sudan plane crash

by Noelyn Nassuuna
March 3, 2021
0

By AFP At least ten people, including the two pilots, died when a plane crashed at an airstrip in South Sudan's Jonglei state, the region's governor...

Government asked to embrace telemedicine

Government asked to embrace telemedicine

by Noelyn Nassuuna
March 3, 2021
0

By Moses Ndhaye The government has been asked to put in place facilities across government referral hospitals which will help to promote telemedicine in the country....

Beating journalists wasnt necessary- Human Rights Network for journalists

Battered journalists petition court

by Noelyn Nassuuna
March 3, 2021
0

By Ruth Anderah  Four journalists who were allegedly battered at the United Nations Offices in Kololo as they were covering NUP principle Robert Kyagulanyi Ssentamu have...

Ministry of health warns, covid-19 vaccine will not end the pandemic

Media staff to be prioritized during COVID-19 vaccination

by Noelyn Nassuuna
March 3, 2021
0

By Ivan Ssenabulya Media staff is to be prioritized in the first phase of the COVID-19 vaccination. The confirmation comes from the Ministry of Health Permanent...

Next Post
Education Minister Jessica Alupo releases 2014 UCE results

2015 O Level Results Out

Citizens Abandon Queues As EC Extends Voter Register Update Exercise

NRM Defends EC Boss On Verification Of Ballots

NRM's Museveni Campaigns In Mityana

CATEGORIES

  • Business
  • Entertainment News
  • Health
  • HotSeat
  • Lifestyle
  • National News
  • News
  • PHOTO GALLERY
  • Sports
  • World News

RECOMMENDED

Government Sets Deadline For Firearm Registration
News

Government Sets Deadline For Firearm Registration

April 11, 2016
ISO Boss’s son further remanded to Luzira.
News

ISO Boss’s son further remanded to Luzira.

February 14, 2017
93.3 KFM

Kampala's #NumberOne radio station for better information and the best music ! KFM is a subsidiary of Nation Media Group;
@NationMediaGrp

© 2021.

No Result
View All Result
  • Home
  • HotSeat
  • News
    • Business
    • Health
    • Sports
    • Lifestyle
  • Events
  • Contact Us
  • Promotions
  • Presenters

© 2021.