PAC to Micro Finance Centre: Take Charge of Teachers' SACCO Money

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In short
However, the management of the Fund has since been a source of conflict between Uganda National Teachers Union-UNATU and Ministry of Education.

The Public Accounts Committee (PAC) has recommended that the Micro Finance Support Center retains the role of managing the teacher's SACCO money. In 2014, government promised to give teachers Shillings 25 billion over a five year period to enable access affordable loans.

However, the management of the Fund has since been a source of conflict between Uganda National Teacher's Union-UNATU and Ministry of Education. Last week, the UNATU executive resolved to resume the nationwide teacher's strike unless the Education Ministry transfers the fund from the Micro Finance Support Center to the teacher's apex SACCO.

However, this afternoon, the Public Accounts Committee directed a team of Education Ministry officials led by the undersecretary Ethel Kamba to only channel the fund through the Micro Finance Support Center for accountability reasons.

It came after Kamba told the committee that they had agreed with the Prime Minister, UNATU and Finance Ministry to channel the money to the teacher's apex SACCO following their threats to strike. However, the PAC Deputy chair Paul Mwiru noted that channeling public funds to the teachers' Apex SACCO would be a big mistake.
 
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Jacob Opolot, the Pallisa County MP concurred with Mwiru saying the Microfinance Support Center is better placed to manage the funds due its competency and available infrastructure.

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About the author

Olive Nakatudde
Olive Nakatudde is a URN journalist based in Kampala. Nakatudde has been a URN staff member since 2013.

Nakatudde started out in journalism in 2009 with Dembe FM radio in Kampala. In 2012, Nakatudde joined Voice of Africa as a political reporter. She has been a photographer since her journalism school days at Makerere University.

Nakatudde is interested in good governance and public policy, which she reports on intensively from the Uganda Parliament. She is a keen follower of cultural affairs in Buganda Kingdom and covers the kingdom's Lukiiko (parliament). Nakatudde also reports on education and health.