Housing Finance Bank - Uganda Multimedia News & Information https://www.weinformers.com Politics, Health, Sceince, Business, Agriculture, Culture, Tourism, Women, Men, Oil, Sports Wed, 05 Oct 2016 10:19:21 +0000 en-US hourly 1 https://wordpress.org/?v=6.3.2 Migereko wants a change of mindset for Ugandans if they are to achieve better housing. https://www.weinformers.com/2016/10/05/migereko-wants-a-change-of-mindset-for-ugandans-if-they-are-to-achieve-better-housing/ https://www.weinformers.com/2016/10/05/migereko-wants-a-change-of-mindset-for-ugandans-if-they-are-to-achieve-better-housing/#respond Wed, 05 Oct 2016 10:19:21 +0000 http://www.weinformers.com/?p=47335 Former Lands and Housing Minister, Hon. Daudi Migereko, says for Uganda to achieve better and quality housing units that are currently in a deficit, there is need for government to create a change in the mindset of the population. He says this will enable sector players and citizens to embrace the new housing projects initiatives […]

The post Migereko wants a change of mindset for Ugandans if they are to achieve better housing. first appeared on Uganda Multimedia News & Information.

]]>
Former Housing Project Daudi Migereko.

Former Housing Project Daudi Migereko.

Former Lands and Housing Minister, Hon. Daudi Migereko, says for Uganda to achieve better and quality housing units that are currently in a deficit, there is need for government to create a change in the mindset of the population.

He says this will enable sector players and citizens to embrace the new housing projects initiatives and encourage solving the housing problems in the country.

According to Migereko, a negative mind set on housing can be witnessed in the failed Kasokoso housing re-development where citizens and area leaders resisted the project which now sees the residents still in a non-planned environment which is miserable.

“This was supposed to be an opportunity to improve on the housing sector for the poor in Kampala.Now look at how they still reside in poor structures which can collapse at any time,” Migereko said.

Migereko, gave good examples of better housing policies in neighboring countries of Tanzania, Rwanda, Kenya where he says citizens have embraced low cost housing projects supported by their governments and have seen more citizens acquire quality housing.

He says it’s  upon this that he urges financial institutions to provide better conditions to facilitate housing financing mechanisms that will help citizens develop better and quality houses.

However, the Managing Director, Housing Finance Bank, Mathias Katamba is of the view that housing developers have to bring down construction costs to meet the house hold levels for Ugandans to afford mortgages and then homes.

The post Migereko wants a change of mindset for Ugandans if they are to achieve better housing. first appeared on Uganda Multimedia News & Information.

]]>
https://www.weinformers.com/2016/10/05/migereko-wants-a-change-of-mindset-for-ugandans-if-they-are-to-achieve-better-housing/feed/ 0
Rotary Club sets out 8.5 billion to train youths in entrepreneurship. https://www.weinformers.com/2016/07/15/youths-to-be-trained-in-entrepreneurial-skills/ https://www.weinformers.com/2016/07/15/youths-to-be-trained-in-entrepreneurial-skills/#respond Fri, 15 Jul 2016 08:26:24 +0000 http://www.weinformers.com/?p=46125 A new multi-billion complex expected to equip over one thousand youths in business, agriculture and entrepreneurship skills is under construction in Mityana district with support from the Rotary Club of Kampala North. The center estimated to cost over $2millon (About 8.5 billion Uganda shillings) will sit on a 20 acre peace of land at Namulamba […]

The post Rotary Club sets out 8.5 billion to train youths in entrepreneurship. first appeared on Uganda Multimedia News & Information.

]]>
Kampala Rotary Club members and Bankers pose for a photo in Namulanda village, Mityana.

Kampala Rotary Club members and Bankers pose for a photo in Namulanda village, Mityana.

A new multi-billion complex expected to equip over one thousand youths in business, agriculture and entrepreneurship skills is under construction in Mityana district with support from the Rotary Club of Kampala North.

The center estimated to cost over $2millon (About 8.5 billion Uganda shillings) will sit on a 20 acre peace of land at Namulamba village in Busunju town council in Mityana district.

According to Margaret Nakanjako, the president Rotary club of Kampala north, the project expected to last between 5 to 7 years targets to train at least 300 youths per intake.

Nakanjako said the project will mainly focus on skilling, initiating employment activities for youth especially the artisans and those in the informal sector for them to be oriented in order to develop themselves in earning an income.

Over one hundred thousand youth across the country are to benefit from new entrepreneurship training center being set up in Mityana district.

“We are fully aware that unemployment is taking a big toll on many youths in this country.As Rotarians, we are therefore previledged to bridge the gap of ensuring that youths attain skills that will enable them employ themselves and earn a decent living instead of being wasted away taking especially drugs due to frustrations in life,” she said.

Nakanjako was on July 14, 2016 speaking at the ground breaking ceremony of the project in Namulamba village, Mityana.

Kato Ssentongo, the LC1 Chairman of Namulanda village thanked the good gesture by the Kampala North Rotary Club saying this initiative will attract more projects that will empower the area youth in businesses.

The project is being spearheaded in collaboration from the private sector including Banks such as Housing Finance, Stanbic, DFCU ,NIC and well-wishers.

 

The post Rotary Club sets out 8.5 billion to train youths in entrepreneurship. first appeared on Uganda Multimedia News & Information.

]]>
https://www.weinformers.com/2016/07/15/youths-to-be-trained-in-entrepreneurial-skills/feed/ 0