SHEEMA – The senior presidential advisor on economy and Manifesto implementation professor Ephraim Kamuntu has encouraged communities to embrace working together through their own formed institutions saying this will help them and the country to stablise economically.
Kamuntu said on Saturday 6th April 2024 while addressing Sacco members of Kitagata Financial Services Limited during the opening of new Sacco branch held at Kagati trading centre in Kyeibanga west ,Kitagata in sheema District.
Kamuntu noted that communities failure to have institutions like saccos has crippled the country’s economic growth.
Kamuntu also asked the members embarace saving culture and investing rather than borrowing if they want their saccos to develop steadily.
Edgar Mukundane, the Kitagata Financial services Chairperson appealed to the government to channel PDM and Emyooga funds to saccos as this will save people from incurring travel expenses looking for services from commercial banks.
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