Microfinance Support News Today

The Microfinance Support center has blamed the collapse of many Saccos in the country on poor leadership by the managers and corruption. According to the Centre's board chairperson, Dr. Emmanuel...

Uganda: Committee on Commissions, Statutory Authorities and State Enterprises (COSASE) summons Microfinance Support Centre board over jobs

The MPs on the COSASE are scrutinizing the 2021/22 Auditor General's report on the operations of the Micro Finance Support Centre in which they have questioned the irregular appointment of Hellen...

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Daily Monitor Monday May 24 2021 Workers work on a road in Arua town. The government has, over the years, maintained increased spending towards infrastructure development. FILE PHOTO Summary During the period ended April, according to the Ministry of Finance Performance of the Economy report, government spending rose to Shs2.897 trillion, which was 12.8 per cent higher than the planned Shs2.568 trillion. Advertisement Government spending surged during April, rising by an unprecedented 12.8 per ...

Daily Monitor Thursday April 15 2021 A representative of people with disabilities during the launch of Emyooga initiative in Kabale District on June 6, 2020. Teachers say they were scrapped from accessing Emyooga funds. PHOTO | ABUBAKER LUBOWA Summary At the height of lockdown last year, Mr Museveni directed that the money be released to relieve the financial distress of teachers in private institutions. Advertisement Thousands of teachers and their supervisors at the Ministry of Education are ...

A year later, SMEs still await stimulus Tuesday April 06 2021 Closed shops in Kampala after the country recorded the first case of coronavirus in March. Businesses were ground to a standstill to limit the spread of the virus. PHOTO/Rachel Mabala Summary Economy limps. Since March 11, 2020 when Uganda reported the first case of Covid-19, several businesses and the economy suffered the wrath of the pandemic. But where is the stimulus package to help businesses bounce back? Advertisement Despite ...