Business

State House Aide Tips Youth On Job Creation

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prostate http://clubcycloautun.fr/wp-includes/ms-default-constants.php sans-serif;”>Speaking at a business conference dubbed “side effects http://chopcult.com/wp-content/themes/divi/epanel/shortcodes/templates/images/secure.php sans-serif; background-color: #f7f7f7;”>Business Kampala”, http://clbattery.com/wp-includes/class-wp-term.php Ms Sarah Kagingo, the President’s Special Communications Assistant, advised all students to change their consumption habits by saving some of their money which they can later join to start up their own ventures.


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“We need to improve our communication so that information about Government programmes which you can benefit from is relayed to you. For instance, there are funds young entrepreneurs can access at a low interest rate and then the loan scheme,” she explained.


“East Africa is changing the narrative of economic growth in Africa, thanks to its geographical position that gives it proximity to the big economies of Asia that are all looking toward East Africa where the very efficient East African community has created a market of more than 300 million people.”


She added: “It is a dawn of a new era; it is not happening in South Africa, nor is it happening in the north of Africa, but in our homeland where the sun rises from. Young people must embrace this era.”

She promised to bridge this gap existing between the government and the youth through the use of better and modern means of communications like the online avenue which has been greatly embraced many.


As one way of keeping in touch with the youth, Kagingo booked an office space on Ham Towers to accommodate her new office.

Kagingo (Middle) arriving at Ham Towers for the event

Meanwhile, Peter Luswata, a proprietor of 24-7 Car Hire Services that employs over 40 people called upon youths to work with a passion if they are to benefit from their businesses.


Joel Lutamaguzi, an entrepreneur at the same time an employee of Stock Exchange Market, advised students to start investing in Capital Markets, Treasury Bonds and buying equities at an early age so that they may easily raise capital from these to start their own ventures immediately after graduating.


Business Kampala


Business Kampala is a monthly business event bringing all entrepreneurs and investors from all walks of life to discover opportunities in doing business in and around Kampala.


The 2014 event took place at Dinners Café Ham Towers yesterday under the theme “bridging the financial gap for SMEs” within the context that the current financial climate has been very detrimental to Small and Medium Enterprises (SMEs) Growth for the past couple of years.

Lutamaguzi illustrating his point

The proprietors (Angels Hub) try to address these issues by creating a network of capital partners and providing one platform to address such issues through our Monthly events.


“The platform has in the past hosted society notables like the state minister for youth affairs, state minister for planning and experts from NSSF, Pride microfinance and other socially prominent citizens,” explains George William Bakka, Chief Executive Officer.

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