Regionals
Youth should engage in mass productionPublish Date: Jan 16, 2014
Youth should engage in mass production
  • mail
  • img
Patrick Bitature (left), Eng. John Byabagambi, the Minister of Works and Transport State Minister and the Managing Director Crane Bank Kalan at the opening ceremony
newvision

By Denis Dibele

The youth of Ibanda have been urged to engage in mass production of milk, banana and coffee.


The call was made by the Uganda Investment Authority Chairman Patrick Bitature speaking during the launch of Crane bank branch in Ibanda. He called on the youth to embrace the agricultural loans the commercial banks are offering at 12% interest rate.

The Minister of Works and Transport State Minister Eng. John Byabagambi who was the guest of honour applauded the government on the introduction of agricultural loans to ensure that citizens have working capital.

Byabagambi said; "the youth are now taking on agriculture instead of working on the roads my ministry is constructing; it shows how they are more interested in making their own money."

Bitarure said; " with the milk,meat, Coffee and bananas grown in Ibanda, the youth should be involved in mass production and with the ready market, their lives will be better."

The Managing Director Crane Bank Kalan said that they were offering 14% on deposit on personalized loans in the high category. The Ibanda branch in the 40th and the bank's strategic plan is to open 50 branches by the end of 2014.



 

The statements, comments, or opinions expressed through the use of New Vision Online are those of their respective authors, who are solely responsible for them, and do not necessarily represent the views held by the staff and management of New Vision Online.

New Vision Online reserves the right to moderate, publish or delete a post without warning or consultation with the author.Find out why we moderate comments. For any questions please contact digital@newvision.co.ug

  • mail
  • img
blog comments powered by Disqus
Also In This Section
Kibaale youth to earn millions from coffee farming
A cross-section of youth from Kibaale district are set to earn sh980m from coffee farming projects, courtesy of the employment mitigation initiatives spearheaded by a Makerere University Professor Samuel Kyamanywa....
Over 60,000 children malnourished in Kibaale
DESPITE the fact that Kibaale district is a food basket in the region, it is still grappling with malnutrition with 39% of the children under the age of 5 falling victim...
NGO launches project to fight child abuse
A local NGO has launched a project to fight against child rights abuse and it is targeting areas of Nakawa Division, Kira Town Council and Mukono Municipality...
Police, private firm aid family affected by deadly fire
THE intervention of the company, follows a story published by the New Vision last week when the tragedy occurred in Wakiso trading centre, Nama Sub County, Mukono district...
Health Ministry sends experts to study extent of Nodding syndrome
The Ministry of Health has sent a team of 124 medical doctors to the districts that were affected by the Nodding disease syndrome....
Fire non-performing officers Parliament tells executive
Parliament has asked the executive to fire all Accounting officers who have violated the law by failing to submit the names of Public servants to the treasury....
Should government review powers of kings?
Yes
No
Can't Say
follow us
subscribe to our news letter