Migrant workers SACCO gets sh350m capital injection

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Shillings 350 million ($100,000) has been injected into the Greater Kampala Returned Migrant Workers Multipurpose Co-operative Society Ltd SACCO [savings and credit co-operatives organisation], New Vision Online has heard.

According to World Resilience Uganda chief executive officer Ronald Wasswa Musoke, the funds were donated by the International Labour Organisation (ILO).

Musoke says the initiative, organised by the World Resilience Uganda with support from ILO, brings together 620 Ugandan returnees from the Middle East who will start businesses to take forward their livelihoods.   

Officiating at the launch of the SACCO at Baroma International Vocational Institute in Mukono municipality, Mukono, on March 8, 2026, Dr Hillary Emmanuel Musoke, the senior advisor on agribusiness and value addition development at State House, said President Yoweri Museveni is in an economic liberation struggle to see that Ugandans get money through joining government programmes that will help them become financially stable.

He said that the Government doesn’t encourage Ugandans to go abroad to work because most of them end up suffering and return with nothing, yet in Uganda, there are many business opportunities.

‘‘I am also encouraging members of this SACCO to embrace government programmes like PDM [Parish Development Model] and Emyoga, which will further support them financially for a better livelihood,’’ Musoke said.

Mukono district principal co-oparative officer Kenneth Ntege asked the beneficiaries to use their phones to do business after accessing the funds because we are in a digital world, instead of engaging them in useless conversations.

Topher Matsiko, the head of liaison and partnership at the State House Diaspora Unit, said State House supports initiatives like these that empower Uganda Diaspora returnees through financial co-operation.