Editorial
President Yoweri Kaguta Museveni has promised to support salon operators across the country with a revolving fund of Shs85 billion to boost their businesses.
He made the commitment on Sunday at Kololo Ceremonial Grounds while officiating at the launch of the Federation of Uganda Salon Operators and Beauty Professionals.
President Museveni congratulated salon operators for the vital services they provide to Ugandans, noting that their work plays a key role in society, especially as urbanisation increases and people become busier.
President Museveni welcomed the fact that salon operators are developing and defining their own beauty products, describing this as a positive step towards self-reliance.
On financing, the President explained that the government will provide support through a revolving fund by allocating Shs100 million per SACCO annually.
With about 850 SACCOs countrywide, he noted that this would amount to approximately Shs85 billion in a year.
