Uganda: Kasaija Hails Microfinance Support Centre for Driving Job and Wealth Creation

17 October 2025
Nile Post (Kampala)
By Edrisa Ssentongo

Finance Minister Matia Kasaija has applauded the Microfinance Support Centre (MSC) for its strategic role in promoting job creation and wealth generation among Ugandans through inclusive finance and grassroots enterprise support.

Speaking at the launch of the MSC Strategic Plan 2025/2026-2029/2030 at Four Points by Sheraton Hotel in Kampala, Kasaija said the Centre has become a key pillar in Uganda's financial inclusion ecosystem, with interventions that empower communities to access affordable credit and improve livelihoods.

The new five-year plan aims to create over one million jobs nationwide, reach more than 9,000 clients with tailored financial services, and enable 2,824 Savings and Credit Cooperative Organisations (Saccos) to strengthen entrepreneurship at the grassroots.

"We look forward to supporting the Microfinance Support Centre as this bold vision takes shape--a clear commitment to transforming livelihoods and driving sustainable development in the country through access to affordable credit and grant financing," said Kasaija.

He urged the Centre to deepen savings mobilisation, strengthen Sacco governance, and foster a culture of investment to sustain inclusive economic transformation.

Read the original article on Nile Post.

Tagged:
Copyright © 2025 Nile Post. All rights reserved. Distributed by AllAfrica Global Media (allAfrica.com). To contact the copyright holder directly for corrections — or for permission to republish or make other authorized use of this material, click here.

AllAfrica publishes around 600 reports a day from more than 90 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.