Regionals
Youth should engage in mass production
Publish Date: Jan 16, 2014
Youth should engage in mass production
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
  • mail
  • img
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
Women urged to improve their skills
Women have been advised to remain resolute and committed to improving their skills in order to stay competitive and relevant to their different professional disciplines....
Mothers cry out for life saving drugs
In a bid to save lives and avoid unwanted pregnancies, health officials have called on Government to formulate policy guidelines to ensure constant supply of life-saving drugs and equipment to all health centres....
Oxfam showcases tool that addresses gender inequality
As Uganda joined the rest of the world to celebrate the International Women’s Day, OXFAM in partnership with the Women’s Empowerment Mainstreaming and Networking (WEMAN) members showcased the Gender Action Learning Systems (GALS) Methodology to a cross-section of stakeholders under the theme ‘Empow...
Wakiso leaders petition gov’t over ‘unfair’ funding
Leaders from Wakiso have petitioned Government over what they called an ‘unfair’ budget allocation to the district, demanding a formulation of an equitable policy on national resource sharing to improve service delivery in Uganda’s second most urbanized town....
City health centres get medical supplies
Four city health centres have received medical equipment worth sh42m....
Women’s rights to land and property still a myth
In many parts of the world, Uganda inclusive, women’s rights to land and property are denied. The existing laws give women fewer or less secure rights than men, and inequitable and discriminatory attitudes and practices undermine them....
Will the ban of food vendors help eliminate typhoid?
Yes
No
Can't Say
follow us
subscribe to our news letter