youth entrepreneurs - Uganda Multimedia News & Information https://www.weinformers.com Politics, Health, Sceince, Business, Agriculture, Culture, Tourism, Women, Men, Oil, Sports Fri, 12 Aug 2016 06:23:12 +0000 en-US hourly 1 https://wordpress.org/?v=6.3.2 Youth MPs to attend Young Leaders Assembly in Washington https://www.weinformers.com/2016/08/12/youth-mps-to-attend-young-leaders-assembly-in-washington/ https://www.weinformers.com/2016/08/12/youth-mps-to-attend-young-leaders-assembly-in-washington/#respond Fri, 12 Aug 2016 06:23:12 +0000 http://www.weinformers.com/?p=46475 Uganda’s Youth Members of Parliament are slated to attend the International Young Leaders Assembly in Washington DC, in United States later this year. According to a notice about the Assembly, the meetings organized by the Global Peace Foundation will bring together over one thousand young leaders from around the world to be held at the World […]

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Uganda’s Youth Members of Parliament are slated to attend the International Young Leaders Assembly in Washington DC, in United States later this year.

According to a notice about the Assembly, the meetings organized by the Global Peace Foundation will bring together over one thousand young leaders from around the world to be held at the World Bank, Capitol Hill, State Department and at the UN headquarters in New York.

Deputy Speaker, Jacob Oulanyah, is expected to for the second time address the Assembly organized under the theme: ‘Moral and Innovative Leadership, Vision, Service and Entrepreneurship’.

Some of the Young Leaders at a previous meeting.

Some of the Young Leaders at a previous meeting.

The delegation of the Youth MPs to the US will include; Western region Youth MP Mpaka Mwine, Eastern region Youth MP Ishma Mafabi, Northern region Youth M, Oscar Omwony,Female National Youth MP Anna Adeke and Central region Youth MP Sarah Babirye Kityo .

Mwine who leads the delegation in an interview said they hope to learn from the experiences of other young leaders from elsewhere in the world, adding that Young leaders are tired of following; it is time for them to lead.

He also said that through training, the youth MPs will become better representatives of their constituents.
The International Young Leaders Assembly is a premier partnership driven leadership development initiative that empowers promising young professionals, leaders and policy makers to positively impact on communities, nations and the world.

The Assembly hosts Young Parliamentarians, Youth entrepreneurs, student leaders and CSOs for interactive programmes with significant leaders and institutions.

The Assembly is however different from the Young African Leaders’ Initiative, which specifically targets leaders from Africa.

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Finance Minister Maria Kiwanuka fails to convince MPs on Youth Fund https://www.weinformers.com/2012/02/23/finance-minister-maria-kiwanuka-fails-to-convince-mps-on-youth-fund/ https://www.weinformers.com/2012/02/23/finance-minister-maria-kiwanuka-fails-to-convince-mps-on-youth-fund/#respond Thu, 23 Feb 2012 08:43:56 +0000 http://www.weinformers.net/?p=19487 MPS have thrown out the ministerial statement of the minister of finance on the youth venture capital fund meant for youth entrepreneurs. This came after the minister of finance; planning and Economic Development Maria Kiawanuka Nabasirye failed to convince them on the friendly modalities on how the youth can access funds for job creation. The […]

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MPS have thrown out the ministerial statement of the minister of finance on the youth venture capital fund meant for youth entrepreneurs.

This came after the minister of finance; planning and Economic Development Maria Kiawanuka Nabasirye failed to convince them on the friendly modalities on how the youth can access funds for job creation.

Maria Kiwanuka, Uganda Minister of Finance

The mps said that the conditions put for the youth to access youth funds are road blocks for the them to get secure the loans from the banks.

This forced the minister of finance Maria kiwanuka to withdraw the statement and pleaded with MPS to allow her bring another next week signed by the managing directors of DFCU, Stanbic bank and Centenary bank where these banks  do not exist.

Some of the conditions put by banks and government to access youth fund include each youth borrower shall be able to provide employment to at at least four people over loan period ,each youth borrower of the youth fund will be fixed interest rate of 15% on this loan fund lent out until june this year when its reviewed.

Other conditions indicate that each borrower of this fund should demonstrate evidence of having invested at 10% of the loan amount in the business venture and the eligible businesses must have been in operation for a minimum period of three months with a demonstratabale potential to grow. Some mps had proposed that the youth fund should be put in prominent SACCOs where the youths can easily access the funds.

 

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