The Uganda National Musicians Federation (UNMF) has reportedly secured financial backing from the government. President Eddy Kenzo confirmed this development, heralding it as a positive step for the industry.
In an exclusive interview on a local TV station, President Kenzo revealed that the government had allocated funds to support the federation's Savings and Credit Cooperative Organization (SACCO), a crucial financial resource for musicians. While he didn't disclose the exact amount, citing confidentiality, he expressed gratitude for the grant, which was half of what they had requested.
This announcement follows reports from February, indicating that over UGX 8 Billion was earmarked for UNMF by the government office under the stewardship of Hon. Haruna Kyeyune Kasolo, Minister of State for Finance, Planning, and Economic Development (Microfinance).
The allocation was part of a larger UGX 13 Billion stimulus package intended to bolster various activities and welfare initiatives within the music industry.
Minister Kasolo affirmed that the remaining UGX 5 Billion would soon be allocated to Eddy Kenzo and his team, underscoring the government's commitment to supporting musicians' endeavors.
However, the disbursement of funds has sparked mixed reactions within the art sector. While some hail it as a significant step towards uplifting musicians' livelihoods and fostering industry growth, others voice concerns about equitable distribution and transparency.
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