• Latest
  • Trending
M7 Pours Shs21bn in Kampala Ghettos, Walks Away With 1200 NUP Defectors In Return

M7 Pours Shs21bn in Kampala Ghettos, Walks Away With 1200 NUP Defectors In Return

10/03/2025
Rotary Steps in as Kulambiro School Battles Water Crisis, Commissions New WASH Facility

Rotary Steps in as Kulambiro School Battles Water Crisis, Commissions New WASH Facility

10/08/2026
Nakivubo Settlement Primary School Land (7 Acres) Has Been Added On City Square!  Why Is President M7 Over Favoring Young  Kampala Billionaire Hassan Bulwadda?

Nakivubo Settlement Primary School Land (7 Acres) Has Been Added On City Square! Why Is President M7 Over Favoring Young Kampala Billionaire Hassan Bulwadda?

10/08/2026
UDB Managers Ordered to Begin Supervising Procurement Deals At Private Business Firms Which Borrow from Uganda Dev’t Bank

UDB Managers Ordered to Begin Supervising Procurement Deals At Private Business Firms Which Borrow from Uganda Dev’t Bank

10/07/2026
UDB Top Bosses’ Performance to Be Tracked & Assessed Every 3 Years

UDB Top Bosses’ Performance to Be Tracked & Assessed Every 3 Years

10/07/2026
At UCC-Organized Kololo School Event, PS Dr. Zawedde Calls on Telecoms to Strengthen Online Abuse Reporting for Children

At UCC-Organized Kololo School Event, PS Dr. Zawedde Calls on Telecoms to Strengthen Online Abuse Reporting for Children

10/07/2026
UCC Tackles Cyberbullying, Sexual Content Targeting Uganda’s Children, Launches 90-Day Online Safety Campaign

UCC Tackles Cyberbullying, Sexual Content Targeting Uganda’s Children, Launches 90-Day Online Safety Campaign

10/07/2026
Thousands Turn Out for 3rd Annual CoRSU Disability Walk as Uganda Unites to Raise UGX 400 million for Children with Disabilities

Thousands Turn Out for 3rd Annual CoRSU Disability Walk as Uganda Unites to Raise UGX 400 million for Children with Disabilities

10/07/2026
Pr Robert Kayanja Sodomy Case: Defence Loses Trust in Missing Witness, Suspects Prosecution Influenced Him to Avoid from Court

Pr Robert Kayanja Sodomy Case: Defence Loses Trust in Missing Witness, Suspects Prosecution Influenced Him to Avoid from Court

10/07/2026
Museveni Government Unveils Shs1.83tn Rail Plan as Lumumba Announces Cabinet Clearance of New Uganda Railways Law

Museveni Government Unveils Shs1.83tn Rail Plan as Lumumba Announces Cabinet Clearance of New Uganda Railways Law

10/07/2026
UCC Moves to Supply 3,600 Tablets to Underserved Households Across 19 Districts

UCC Moves to Supply 3,600 Tablets to Underserved Households Across 19 Districts

10/07/2026
Small Budget, Strong Story: How Filmmakers Can Stretch Limited Resources

Small Budget, Strong Story: How Filmmakers Can Stretch Limited Resources

10/07/2026
Equity Bank backs Uganda’s drive to unlock mining potential

Equity Bank backs Uganda’s drive to unlock mining potential

10/07/2026
mulengeranews.com
  • Home
  • NEWS
    • GENERAL NEWS
    • MORNING BRIEFING
    • THE GIRAFFE
    • INVESTIGATIONS
    • INTERVIEWS
  • ECONOMY WATCH
    • BUSINESS NEWS
    • BUSINESS FEATURES
    • ENERGY
    • OIL & PETROLEUM
  • HEALTH & LIFESTYLE
  • GOSSIP
    • CORPORATE BUZZ
    • POLITICAL TRIVIA
    • CELEBRITY VIBE
    • CORPORATE EVENTS
  • UPCOUNTRY
    • UPCOUNTRY FEATURES
    • UPCOUNTRY NEWS
  • FLASHBACK
    • HISTORY-INSPIRED ARTICLES
    • POLITICAL SERIES
  • More
    • EDUCATION
    • MATTERS OF FAITH
    • CHRISTIAN FAITH
    • MUSLIM FAITH
    • P’PLE PROFILES
    • WEDDINGS & MARRIAGES
    • CONTACT US
No Result
View All Result
  • Home
  • NEWS
    • GENERAL NEWS
    • MORNING BRIEFING
    • THE GIRAFFE
    • INVESTIGATIONS
    • INTERVIEWS
  • ECONOMY WATCH
    • BUSINESS NEWS
    • BUSINESS FEATURES
    • ENERGY
    • OIL & PETROLEUM
  • HEALTH & LIFESTYLE
  • GOSSIP
    • CORPORATE BUZZ
    • POLITICAL TRIVIA
    • CELEBRITY VIBE
    • CORPORATE EVENTS
  • UPCOUNTRY
    • UPCOUNTRY FEATURES
    • UPCOUNTRY NEWS
  • FLASHBACK
    • HISTORY-INSPIRED ARTICLES
    • POLITICAL SERIES
  • More
    • EDUCATION
    • MATTERS OF FAITH
    • CHRISTIAN FAITH
    • MUSLIM FAITH
    • P’PLE PROFILES
    • WEDDINGS & MARRIAGES
    • CONTACT US
No Result
View All Result
mulengeranews.com
No Result
View All Result
Home NEWS

M7 Pours Shs21bn in Kampala Ghettos, Walks Away With 1200 NUP Defectors In Return

by Mulengera
1 year ago
in NEWS
0 0
M7 Pours Shs21bn in Kampala Ghettos, Walks Away With 1200 NUP Defectors In Return
Share on FacebookShare on Twitter

By Mulengera Reporters

Over the weekend, the 9th term-seeking YK Museveni of the National Resistance Movement (NRM) parted with a total of Shs21bn. This went into SACCOs belonging to different groups of informal sector operators and actors including Boda-Boda riders, mechanics and Masters of Ceremonies (MCs).

 

Coordinated by the influential Presidential Assistant Faruk Kirunda, the MCs’ SACCO is for all men and women who speak and entertain people at public functions. They speak at funerals, weddings, introduction and graduation ceremonies etc.

 

Currently, they wield more influence than ever before in Uganda. This makes them effective allies for a vote-seeking politician like Museveni to keep around himself and be on good terms with. The MCs have been zoned into 18 operational areas. Each of the MCs’ SACCOs will be entitled to Shs100m going into their coffers to enable members borrow at affordable interest and eventually pay back at just 6% interest.

 

Also partaking on the Museveni windfall of Shs21bn are groups of Industrial Skilling Hubs beneficiaries or graduates who have been undergoing formal training at the different skilling centers in the Greater Kampala Metropolitan Area districts and beyond. The Industrial Skilling Hubs beneficiaries will share a total of Shs8.8bn. Each of the respective SACCOs will receive Shs50m.

 

The mechanics SACCOs shared Shs11.1bn; the Boda Bodas’ Shs10bn with special attention going to Kampala riders SACCOs to benefit not less than 400,000 Boda-Boda riders or association members.

 

The Boda recipients and benefits converged at Kololo Ceremonial Grounds on Saturday where President Museveni personally delivered the dummy cheques to them. The President, who vowed to lock up whoever messes up the money for any of the recipient SACCOs, remorsefully referred to 2011 when he made similar interventions but didn’t go far because the money ended up being stolen and eaten. Those days Moses Byaruhanga was the President’s key pointman on all the Jua Kali interventions in Kampala.

 

In giving out all this money, General Museveni wants to shield the low income earners in Kampala against being manipulated by very exploitative money lenders who charge prohibitively very high interest per loan given out.

 

Gen Museveni wants SACCO members to be borrowing at 6% interest per annum and pay back within one year so that others also get the opportunity to borrow and build their lives too. The money subsequently will remain collective property for all SACCO members in perpetuity.

 

On the same Saturday, Gen Museveni received a total of 1,280 defectors from National Unity Platform, through his subordinates at Kyadondo. These included Richard Todwong the Secretary General, his Deputy Rose Namayanja and the Party’s National Treasurer Barbra Oundo.

 

The trio received the defectors at a big ceremony at Party headquarters at Kyadondo and they all registered their regret over the years and energy they spent over the years fighting and bad mouthing the President yet he is a good man.

 

That they regret all that hostility and castigate their NUP leaders who manipulated and instigated them into that futile enterprise. They promised to bring many more other defectors until when NUP is finally totally wiped out of all the ghettos of Kampala.

 

Todwong welcomed them and promised to connect them to life-changing opportunities so that they never regret their decision to call it quits with NUP and come to the NRM, which officials described as the leading and best party for Uganda.

 

The new defectors also promised to join the procession and be part of the large crowd of more than 1m people who will turn up to receive Museveni at Kololo on Tuesday as he comes from being nominated by the Electoral Commission at the newly inaugurated nomination grounds at Lubowa in Wakiso district. (For comments on this story, get back to us on 0705579994 [WhatsApp line], 0779411734 & 041 4674611 or email us at mulengeranews@gmail.com).

Post Views: 2,117

Related Posts

Rotary Steps in as Kulambiro School Battles Water Crisis, Commissions New WASH Facility
NEWS

Rotary Steps in as Kulambiro School Battles Water Crisis, Commissions New WASH Facility

7 hours ago
Nakivubo Settlement Primary School Land (7 Acres) Has Been Added On City Square!  Why Is President M7 Over Favoring Young  Kampala Billionaire Hassan Bulwadda?
NEWS

Nakivubo Settlement Primary School Land (7 Acres) Has Been Added On City Square! Why Is President M7 Over Favoring Young Kampala Billionaire Hassan Bulwadda?

8 hours ago
UDB Managers Ordered to Begin Supervising Procurement Deals At Private Business Firms Which Borrow from Uganda Dev’t Bank
NEWS

UDB Managers Ordered to Begin Supervising Procurement Deals At Private Business Firms Which Borrow from Uganda Dev’t Bank

1 day ago
UDB Top Bosses’ Performance to Be Tracked & Assessed Every 3 Years
NEWS

UDB Top Bosses’ Performance to Be Tracked & Assessed Every 3 Years

1 day ago
At UCC-Organized Kololo School Event, PS Dr. Zawedde Calls on Telecoms to Strengthen Online Abuse Reporting for Children
NEWS

At UCC-Organized Kololo School Event, PS Dr. Zawedde Calls on Telecoms to Strengthen Online Abuse Reporting for Children

1 day ago
UCC Tackles Cyberbullying, Sexual Content Targeting Uganda’s Children, Launches 90-Day Online Safety Campaign
NEWS

UCC Tackles Cyberbullying, Sexual Content Targeting Uganda’s Children, Launches 90-Day Online Safety Campaign

1 day ago

  • #13266 (no title)
  • Contact
  • Home
  • Homes

Copyright © 2025 All Rights Reserved by Mulengera News.

No Result
View All Result
  • #13266 (no title)
  • Contact
  • Home
  • Homes

Copyright © 2025 All Rights Reserved by Mulengera News.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?