• Latest
Bunyangabu District to Pilot OWC Agribusiness Financing Model – Gen Saleh

Bunyangabu District to Pilot OWC Agribusiness Financing Model – Gen Saleh

7 years ago
Rev. Canon Prof Dr Grace Lubaale Elected 4th Bishop of Busoga Diocese

Rev. Canon Prof Dr Grace Lubaale Elected 4th Bishop of Busoga Diocese

3 hours ago
Uganda, Russia Solidify Strategic Partnership After Successful Commission Meeting

Uganda, Russia Solidify Strategic Partnership After Successful Commission Meeting

3 hours ago
Museveni Kicks Off West Nile Campaign Tour, Urges Political Unity

Museveni Kicks Off West Nile Campaign Tour, Urges Political Unity

3 hours ago
Museveni: Uganda Now Enjoys ‘Longest Period of Peace in 500 Years’

Museveni: Uganda Now Enjoys ‘Longest Period of Peace in 500 Years’

3 hours ago
Police Arrest ASP Clive Nsiima Over Assault on Shell Supermarket Attendant in Kyanja

Police Arrest ASP Clive Nsiima Over Assault on Shell Supermarket Attendant in Kyanja

9 hours ago
Justice Aisha Naluzze Batala Appointed New IGG

Justice Aisha Naluzze Batala Appointed New IGG

16 hours ago
SoftPower News
Wednesday, October 8, 2025
  • News
  • Tourism & Travel
  • Business
  • Lifestyle
    • Fashion
  • Regional
    • Kenya
    • Rwanda
    • Tanzania
    • Burundi
    • South Sudan
    • DR Congo
  • Defence & Security
  • Sport
  • Entertainment
  • More
    • Agriculture
    • Africa
    • Columnists
    • Education
    • Health
      • COVID-19
    • International News
    • News in Pictures
    • OpEd
    • Pearl Of Africa
    • People
    • Politics
    • Special Reports
    • Women
No Result
View All Result
  • News
  • Tourism & Travel
  • Business
  • Lifestyle
    • Fashion
  • Regional
    • Kenya
    • Rwanda
    • Tanzania
    • Burundi
    • South Sudan
    • DR Congo
  • Defence & Security
  • Sport
  • Entertainment
  • More
    • Agriculture
    • Africa
    • Columnists
    • Education
    • Health
      • COVID-19
    • International News
    • News in Pictures
    • OpEd
    • Pearl Of Africa
    • People
    • Politics
    • Special Reports
    • Women
No Result
View All Result
SoftPower News
No Result
View All Result
Home Agriculture

Bunyangabu District to Pilot OWC Agribusiness Financing Model – Gen Saleh

by Our Reporter
September 7, 2018
Bunyangabu District to Pilot OWC Agribusiness Financing Model – Gen Saleh

L-R: Minister Adolf Mwesige, OWC's Gen Salim Saleh and Minister Peace Mutuuzo during the council sitting.

11
VIEWS

BUNYANGABU – The newly created Bunyangabu district has been earmarked as a pilot district for the implementation of the agriculture financing model under Operation Wealth Creation (OWC).

On Thursday, Rtd Gen Salim Saleh the Chief coordinator of OWC told a special district council sitting at Kibito district headquarters that he intends to use Bunyangabu district to change agriculture funding to financing.

Related Stories

Uganda, Russia Solidify Strategic Partnership After Successful Commission Meeting

Uganda, Somalia Commit to Trade, Investment and Shared Prosperity at 2nd JPC

Johnnie Walker Ignites Supremacy Lounge’s Reopening With ‘Bottle Turn Up’

Under the new approach, Gen Saleh says that beneficiaries will be given technologies but will be mandated to pay back after an agreed period of time.

“The approach of giving free things that we are using right now is not going to take us to another level” Gen Saleh said.

He also explained that government does not have enough money to continuously fund to satisfy the demand.

“If we are to move to another level we must move from funding to financing” he stressed.

Under the new financing mechanism, Gen Saleh explained that a selected beneficiary will be mandated to pay back within a given period of time after receiving technologies of his choice.

He appealed to the Bunyangabu district council to avail to his office a minute of council clearly indicating a structure through which government will implement the new agriculture financing approach.

“Because of bureaucracy, we have not effectively reached the targeted beneficiary and hence the need to change radically so that there is something totally different” Gen Saleh said.

He wondered how 28 heifers that were supplied to the entire district last financial year under OWC can effectively be used to increase household incomes.

“Giving free things is not changing people’s lives. With the new approach, a farmer can get even 100 heifers for as long as there is a mechanism of paying back” he stated.

The district leadership resolved to focus on majorly 3 enterprises that include dairy, coffee and matooke.

“The average land holding here in Bunyangabu is 1-5 acres of land per household. The selected enterprises will be able to change the lives of our people because they can be accommodated on their small pieces of land and more so the enterprises complement one another” Peace Mutuuzo the district Woman Member of Parliament and also Gender Minister said.

James Mugarama, the district chairperson welcomed the idea of the new financing approach which he is optimistic will effectively increase household incomes for the people of Bunyangabu.

Tags: agricultureBunyangabu districtfinancingGen Salim SalehNewsOperation Wealth CreationUganda

Recent Stories

Rev. Canon Prof Dr Grace Lubaale Elected 4th Bishop of Busoga Diocese

Uganda, Russia Solidify Strategic Partnership After Successful Commission Meeting

Museveni Kicks Off West Nile Campaign Tour, Urges Political Unity

Museveni: Uganda Now Enjoys ‘Longest Period of Peace in 500 Years’

Police Arrest ASP Clive Nsiima Over Assault on Shell Supermarket Attendant in Kyanja

Justice Aisha Naluzze Batala Appointed New IGG

SoftPower News Logo

SoftPower News is a subsidiary of SoftPower Communications LLC, a Ugandan digital media group. Keep posted of the latest from Uganda and East Africa.
Plot 4B Malcolm X, Kololo
P.O Box 1497, Kampala - Uganda
Tel: +256-392-001-701
Email: info@softpower.ug

This news site is licenced by Uganda Communications Commission (UCC)

ADVERTISEMENT
  • News
  • Tourism & Travel
  • Business
  • Lifestyle
  • Regional
  • Defence & Security
  • Sport
  • Entertainment
  • More

© SoftPower News

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

error: Content is protected
No Result
View All Result
  • News
  • Tourism & Travel
  • Business
  • Lifestyle
    • Fashion
  • Regional
    • Kenya
    • Rwanda
    • Tanzania
    • Burundi
    • South Sudan
    • DR Congo
  • Defence & Security
  • Sport
  • Entertainment
  • More
    • Agriculture
    • Africa
    • Columnists
    • Education
    • Health
      • COVID-19
    • International News
    • News in Pictures
    • OpEd
    • Pearl Of Africa
    • People
    • Politics
    • Special Reports
    • Women

© SoftPower News

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?