Date: October 30, 2024
The Head of the State House Anti-Corruption Unit (SH-ACU), Brig Gen Henry Isoke, joined senior government officials and youth leaders at the launch of the NRM Youth Cadre Association SACCO held at the Makerere University Auditorium. The event was organized by the NRM Youth Cadre Association, with the Minister of State for Youth and Children Affairs, Hon. Balaam Barugahara Ateenyi, presiding as Chief Guest.
In his address, Hon. Barugahara congratulated the youth cadres on this milestone and encouraged them to think creatively and identify opportunities for growth within their SACCO. He urged the young people to actively participate in government programs such as the Parish Development Model (PDM) and Emyooga, noting that these initiatives are designed to uplift their welfare and empower communities.
The Minister further reminded the youth to exercise patience and perseverance in their pursuit of wealth creation:
“Start small and work steadily towards larger goals. Building wealth is a journey that requires consistency and discipline.”
He also cautioned them to respect the laws of the country and avoid any actions that could bring disrepute to the NRM party.
In his keynote speech, Brig Gen Henry Isoke commended Mr. Ahumuza Penkson, Chairman of the Association, and his executive committee for mobilizing and rallying young people behind such impactful initiatives. He emphasized that the success of the SACCO will depend on synergy, transparency, and accountability in managing its affairs.
He pledged SH-ACU’s support and collaboration with the Association and wished the youth success in their mission:
“When youth embrace integrity and discipline in managing resources, they become reliable partners in building a corruption-free Uganda.”
There were also remarks from Brig Gen Muhumuza, Deputy Coordinator of Operation Wealth Creation (OWC), who urged the youth to remain organized, stressing that good governance and sustainable investments are the foundation of successful SACCOs.
Canon Benson Turamye, Executive Director of the Public Procurement and Disposal of Public Assets Authority (PPDA), who highlighted the government’s commitment to youth empowerment, pointing out that the 2021 amendment to the PPDA Act requires all government entities to allocate 15% of their procurement budgets to youth-led initiatives.
The event also attracted several dignitaries, including:
- Prof. Peter Baguma, Chairman NRM Makerere University
- Prof. Edward Bantu, Kabale University
- SSP Donald Mutatina, Kampala Metropolitan Police
- Nelson Mutatina, Uganda Microfinance Regulatory Authority
In conclusion, the launch of the NRM Youth Cadre Association SACCO marks a significant step towards strengthening youth empowerment and financial inclusion. The speeches delivered by senior officials showed the importance of integrity, good governance, and sustainable investments as the pillars upon which young people can build lasting success.