UNMF Secures Government Funding, Eddy Kenzo Applauds Major Boost for Music Industry
This announcement comes on the heels of reports from February, which indicated that the government office, led by Hon. Haruna Kyeyune Kasolo, Minister of State for Finance, Planning, and Economic Development (Microfinance), earmarked over UGX 8 Billion for the Uganda National Musicians Federation (UNMF).
The Uganda National Musicians Federation (UNMF) has made headlines by securing financial backing from the government. This groundbreaking development was confirmed by none other than President Eddy Kenzo himself, marking a pivotal moment for the federation and the entire music community.
During an exclusive interview on a local TV station, President Kenzo disclosed that the government had earmarked funds to bolster the federation's Savings and Credit Cooperative Organization (SACCO), a vital financial lifeline for musicians.
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However, he refrained from disclosing the precise amount, citing confidentiality, but expressed gratitude for the grant, noting that it amounted to half of their initial request.
This announcement comes on the heels of reports from February, which indicated that the government office, led by Hon. Haruna Kyeyune Kasolo, Minister of State for Finance, Planning, and Economic Development (Microfinance), earmarked over UGX 8 Billion for the Uganda National Musicians Federation (UNMF).
The allocation was a component of a broader UGX 13 Billion stimulus package aimed at strengthening various activities and welfare initiatives within the music industry. Minister Kasolo confirmed that the remaining UGX 5 Billion would imminently be allocated to Eddy Kenzo and his team, highlighting the government's steadfast dedication to bolstering musicians' endeavors.
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