Kaijuka pointed out that in many places where they have established housing estates, they have had to fix sewage, built lagoons and roads which should be a responsibility of National Water and Sewerage Corporation, and the government.
The government announced more than 1 trillion Shillings in stimulus cash in addition to other fiscal measures like tax waivers and suspensions to the private sector in June 2020. It also directed commercial banks to suspend demand for loan repayments by the private sector in a raft of measures aimed at cushioning them against the effects of COVID-19.
Yusuf Kiranda, the Acting University Secretary says that the money equivalent to Shs.1.48bn and Shs.860million has been secured for students’ meals and accommodation respectively. This is short of more than 2.9billion shillings required for full payments of the allowances.
Patrick Mweheire, the Stanbic Bank Chief Executive Officer says transforming each of the current Small and Medium Enterprises into job creation entities will propel the engine for economic growth of the country forward with an annual 200,000 new jobs for graduates leaving the various universities.