Minister Amelia Kyambadde poses for a photo with participants after
attending an entrepreneurship and job creation awareness training on
November 1, 2019. PHOTO BY SADAT MBOGO
The Minister of
Trade, Industry and Cooperatives, Ms Amelia Kyambadde, has advised the
youth in the country to embrace a saving discipline for better
investment management and business development.
"Take
our commercial banks seriously because they're a good foundation for
credit services that would be used to build-up and boost our businesses
in the meantime as we're waiting for more support from other sources,"
Ms Kyambadde said.
She made the remarks while closing
the three-day entrepreneurship and job creation awareness training
organised by Twezimbe Development Foundation (TDF) in partnership with
Management Training and Advisory Center (MTAC) at Mpigi District
Headquarters. The training was attended by over 20 youth groups with
each group containing at least 30 people.
"Without
savings, investment is impossible. You at times ignore these commercial
banks because of interests but you should also put it in mind that there
are many opportunities in banks - save well, they give you loans, go
and invest the money in our so-called small businesses and at the end of
the day, you will see that small business developing bigger and better
to eradicate the disease called poverty," Ms Kyambadde said.
The
participants were equipped with skills on personal awareness, business
opportunity identification, saving culture, customer handling, records
keeping and making of; soap, charcoal briquettes, pavers, shampoo,
vaseline and juice, at a free cost.
The training was
aimed at skilling those clusters (SMEs) with business knowledge to help
them manage their businesses for sustainability and targeted youth and
women from Mawokota North. The arrangement started with Mpigi Town
Council and it will roll out to other sub-counties in immediate future
targeting the same categories of people.
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