The Government of Uganda (GoU) owns shares in a number of Public Corporations and State Enterprises. These enterprises, which are independently managed, are supposed to operate efficiently, make profits and pay dividends to the Government. Their financial performance is therefore of interest to the Government. Whereas some are making some serious money for the government
The Government of Uganda (GoU) owns shares in a number of Public Corporations and State Enterprises. These enterprises, which are independently managed, are supposed to operate efficiently, make profits and pay dividends to the Government. Their financial performance is therefore of interest to the Government. Whereas some are making some serious money for the government
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Daily Monitor
Tuesday May 04 2021
A resident attached to one of the Saccos displays receipts for the money deposited to the bank as subscription fees in Pallisa District at the weekend. PHOTO/MUDANGHA KOLYANGHA
Summary
Residents say they are frustrated by overwhelming requirements demanded by government officials before they can access the funds.
The locals have asked government to refund the savings that they deposited in commercial banks as membership and subscription fees.
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A section of residents, who subscribe to the different Emyooga groups in Pallisa District, have faulted government officials for delaying the release of funds.
The locals made the remarks during an Emyooga planning meeting which took place at Kalaki Primary School in Kalaki Sub-county at the weekend.