unemployed youths

Intelligence report asks Museveni to create jobs for youths to reduce their involvement in demonstrations

An intelligence report by the Chieftaincy of Military intelligence (CMI) has advised president Museveni and his government to create more jobs for unemployed youths in order to reduce their involvement in strikes, crimes and demonstrations. The report signed by one of the directors of CMI in charge of economic monitoring indicates that Uganda/government stands to […]

Government fixes interest rates on bank loans

The government ofUgandahas agreed with commercial banks to fix interest rates to be charged on money given out to the youth in form of loans. The minister ofUgandafor Finance Minister, Maria Kiwanuka says that the banks will charge 15% for a period of six months. Some of the banks the government has agreed with include […]