Uganda Mirror
  • Big Story
  • News
  • Crime
  • Gossip
  • Politics
  • Business
  • Sports
  • Love & Relationships
  • World
No Result
View All Result
SUBSCRIBE
Uganda Mirror
  • Big Story
  • News
  • Crime
  • Gossip
  • Politics
  • Business
  • Sports
  • Love & Relationships
  • World
No Result
View All Result
Uganda Mirror
No Result
View All Result
Home Big Story

Museveni Urges Ugandans to Join Money Economy

Abbas Ibrahim by Abbas Ibrahim
2025/01/26
in Big Story
Reading Time: 4 mins read
0
Museveni Urges Ugandans to Join  Money Economy
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter

Ugandans have today been implored to continue joining the money economy to improve their livelihoods.

You might also like

ADK Technologies Loses Shs23billion URA Tender Battle After Bid Expired

DMC Crackdown Leaves Fewer Taxis On Kampala Roads As Vehicles Are Impounded

Hillside Schools Principal Dr Henry Stanley Okia Dies After Four Decades in Education

This remark was made by the President of the Republic of Uganda and Commander in Chief of the Uganda Peoples’ Defence Forces ( UPDF) H.E Yoweri Kaguta Museveni as he officiated at the celebrations to mark the 39th NRM/NRA Victory Day Anniversary celebrations, at the National Teachers’ College Grounds in Mubende District.

During the ceremony, President Museveni commended the people of Mubende District and those from the Greater Luwero for supporting the struggle (1981 – 86) that eventually ushered in peace and stability.

He said Mubende served as an operation area, where different routes were used to attack Kabamba during the liberation of Uganda. Other districts like Kakumiro and Kagadi were also recognized under the same docket.

The vividly excited President said: ” We didn’t fight for nothing, Mubende has now changed in outlook and am very happy. There’s is no doubt there has been a lot of changes.”

The President noted that by Independence, we had a small money economy, where only 9 percent Ugandans were engaged in the money economy, and 91 percent were “working for the stomach,”(engaged in subsistence agriculture).

He explained that this small economy that finally collapsed was caused by shortage of essential commodities due to bad leadership from leaders like Amin, speculation and the then existing black market that increased the price of dollars daily.

He said that the arrival of NRM changed things for the better when five stages were followed, which include: shortages of (Coffee, cotton, Tea, Tourism) have been revived hinged on Operation Wealth Creation initiatives , deliberate efforts have been made to expand the economy, diversification has been adopted, value addition has taken root and Ugandans have now embraced the knowledge – based economy (use of brains) – hence the arrival of the Kayoola bus and production of vaccines, among others.

Unfortunately, President Museveni wasn’t impressed with the 68 percent of the population still stuck in poverty as per the 2013 population census.

He thus encouraged people to use Parish Development Model (PDM) Funds carefully to join the money economy, prompting him to warn all leaders who engage in its misappropriation to stop the vice, citing legal action against culprits.

“You can all get out of poverty if we stop working for the stomach only, that’s transform from subsistence agriculture to commercial agriculture,” he said.

The President further noted that government is going to pay all bank charges deducted from PDM Pay Out so that people get the scaled one million, minus any deductions.

He challenged leaders to know the number of people per parish so that they can plan for them effectively given the revolving nature of the fund- this makes dividends of growth to be shared by all.

President Museveni concluded by promising to continue with the infrastructural development (tarmacking roads) in the region, and urged people to “work hard to get out of poverty”, saying “in normal life, always seek homestead incomes and the rest will be added onto you.”

The Minister for Presidency, Hon Babirye Milly Babalanda, announced that Ugandans celebrate this day because of what inspired them to liberate the country . “These circumstances helped us to start the journey of building a nation worth of identity,” she said, ” adding that the peace and security ushered in by the NRM government has made a tangible and positive difference in the lives of our people.”

She congratulated all Ugandans upon reaching the year’s celebrations, and all gallant men and women in uniform for their continued vigilance and professionalism which has secured all corners of the country for prosperity and development.

She commended past and fallen heroes for liberating the country, and maintaining peace and stability.

Hon Babalanda also reiterated that Uganda will continue to make it’s contributions towards efforts that seek the achievement of sustainable social economic transformation for both it’s citizens and many others on our continent.

At the same function, organized under the theme: ” 39 Years of NRM/A: Salutations to Those Who Re-sanctified our Homeland”, the Master of Ceremonies of the Chancellory and also Commandant of the Senior Command and Staff College – Kimaka Maj Gen George Igumba awarded medals on behalf of the President to some citizens in recognition of their exceptional contribution in the transformation of the country, and during the liberation struggle.

Guests were entertained by the UPDF, Police and Prisons’ bands and local musicians.

Earlier, a medical camp was conducted (from 22nd to 24th January 2025), providing free eye treatment (600 eye glasses given out freely) and minor surgeries to area residents.

Tags: FeaturedJessica AlupoLiberation DayPresident MuseveniRobinah NabbanjaUPDF
Share30Tweet19
Previous Post

Electoral Commission Intensifies Voter Register Update Nationwide

Next Post

Museveni Highlights Mubende’s Historic Significance in Infrastructure Pledge

Recommended For You

ADK Technologies Loses Shs23billion URA Tender Battle After Bid Expired

by Simon Arigigwaho
August 25, 2026
0
ADK Technologies Loses Shs23billion URA Tender Battle After Bid Expired

A procurement dispute surrounding Uganda Revenue Authority’s multi-billion-shilling contract for the support and maintenance of its Enterprise Resource Planning (ERP) system has collapsed after the Public Procurement and...

Read moreDetails

DMC Crackdown Leaves Fewer Taxis On Kampala Roads As Vehicles Are Impounded

by Simon Arigigwaho
August 24, 2026
0
Over 10 Taxi Brokers Arrested For Violating COVID-19 Guidelines

The government’s crackdown on public service vehicles operating in a dangerous mechanical condition has taken effect, with several taxis impounded at Nateete Police Station and a noticeable reduction...

Read moreDetails

Hillside Schools Principal Dr Henry Stanley Okia Dies After Four Decades in Education

by Simon Peter Kato
August 20, 2026
0
Hillside Schools Principal Dr Henry Stanley Okia Dies After Four Decades in Education

Uganda’s education fraternity is mourning the death of Dr Henry Stanley Okia, the longtime principal of Hillside Schools Naalya, whose career in education spanned about four decades. A...

Read moreDetails

12-YEAR DEBT COMES DUE: Bitature Ordered to Pay Over Shs2billion In Finicon Case

by admin
August 19, 2026
0
FALLING SKYZ: Bitature Fails To Motivate Business Out of $34m Debt

The High Court Commercial Division has ordered businessman Patrick Bitature to pay Finicon (U) Limited US$256,136.17, exclusive of VAT, after finding that he breached two consultancy agreements for...

Read moreDetails

Nzeyi Offers To Refund NSSF Money In Fresh Bid To End Temangalo Land Dispute

by Simon Arigigwaho
August 17, 2026
0
Nzeyi Offers To Refund NSSF Money In Fresh Bid To End Temangalo Land Dispute

Businessman Amos Nzeyi has offered to refund money paid to him by the National Social Security Fund (NSSF) for the disputed portion of land at Temangalo, Wakiso District,...

Read moreDetails
Next Post
Museveni Highlights Mubende’s Historic Significance in Infrastructure Pledge

Museveni Highlights Mubende’s Historic Significance in Infrastructure Pledge

Related News

ADK Technologies Loses Shs23billion URA Tender Battle After Bid Expired

ADK Technologies Loses Shs23billion URA Tender Battle After Bid Expired

2 hours ago
COSASE Orders CID Hunt For Uganda Airlines Officials After No-Show

COSASE Orders CID Hunt For Uganda Airlines Officials After No-Show

19 hours ago
UGX 29 Billion Bridge Project Under Fire Over Shoddy Work, Safety Failures

UGX 29 Billion Bridge Project Under Fire Over Shoddy Work, Safety Failures

20 hours ago
Winning Starts For Bukooli Namayingo And Bunha as MTN Busoga Masaza Cup Kicks Off

Winning Starts For Bukooli Namayingo And Bunha as MTN Busoga Masaza Cup Kicks Off

20 hours ago
Hillside Schools Principal Dr Henry Stanley Okia Dies After Four Decades in Education

Case Hospital Breaks Silence On Death Of Hillside Schools Principal Dr Henry Stanley Okia

21 hours ago
Victoria Motors Shareholder War Explodes As Registrar Dismisses Board Challenge

Victoria Motors Shareholder War Explodes As Registrar Dismisses Board Challenge

21 hours ago

Popular Stories

  • Gen Muhoozi’s Son Ruhamya Graduates From Prestigious Sandhurst Military Academy

    Gen Muhoozi’s Son Ruhamya Graduates From Prestigious Sandhurst Military Academy

    1367 shares
    Share 547 Tweet 342
  • 14 Killed Instantly In Horror Lwera Car Accident As Truck Driver Flees

    1363 shares
    Share 545 Tweet 341
  • Mbale District Officials In Corruption Storm As DHO, Education Bosses And Head Teacher Remanded Over Abuse of Office

    1358 shares
    Share 543 Tweet 340
  • Mitchelle Daka Crowned Uganda’s First-Ever Miss Universe Queen

    1356 shares
    Share 542 Tweet 339
  • IGG Seeks MPs’ Backing To Break Culture Of Silence On Corruption

    1354 shares
    Share 542 Tweet 339
  • Rwanda Suspends Import Of 10 Ugandan Alcoholic Brands, Orders Immediate Recall

    1353 shares
    Share 541 Tweet 338
  • Finance Ministry Pushes Enterprise Uganda To Go Digital As Government Deepens Private Sector Growth Agenda

    1352 shares
    Share 541 Tweet 338
Facebook Twitter Instagram Youtube
Uganda Mirror

Uganda's leading source News in categories of Politics Gossip Crime Sports Business Technology & Education

© 2025 Ug Mirror - A Product of Mirror Digital Limited .

We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “ACCEPT ALL”, you consent to the use of ALL the cookies. However, you may visit "Cookie Settings" to provide a controlled consent.
Cookie SettingsREJECT ALLACCEPT ALL
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
CookieDurationDescription
cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytics
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Others
Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
SAVE & ACCEPT
No Result
View All Result
  • Big Story
  • News
  • Crime
  • Gossip
  • Politics
  • Business
  • Sports
  • Love & Relationships
  • World

© 2025 Ug Mirror - A Product of Mirror Digital Limited .

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
Not enough quota to unlock this post
Unlock left : 0
Are you sure want to cancel subscription?