Mother and father enchantment to Authorities to save lots of Andy Mwesigwa’s Amesco Excessive Faculty

Denis Musanje

Mother and father have known as for presidency intervention to save lots of former Uganda Cranes captain Andy Mwesigwa’s Amesco Excessive Faculty positioned in Wakiso from being taken over by ABC Capital Financial institution.

Final month, ABC Financial institution information confirmed that Mwesigwa’s college obtained a Shs480 million time period mortgage on a lowering steadiness foundation.

Mother and father similar to Nanyonjo Pascal, who’ve two candidates within the college, have known as upon Prime Minister Robinah Nabbanja to assist the previous Cranes skipper whose college has been supportive to them.

“We’re single moms who’ve been helped by Andy Mwesigwa to have youngsters get schooling. It’s a pity that the varsity is now going through such a state of affairs and we name upon the Prime Minister Robinah Nabbanja to return and assist us on this horrendous state of affairs going through the varsity that has been supportive to us. We’re additionally human beings who want schooling for our youngsters like every other and we name for assist from the federal government in order that we will overcome this horrible state of affairs,” stated Nanyonjo Pascal, one of many mother and father.

The mortgage schedule was created on January 2, 2020, with 16 instalments and a contractual maturity date of February 12, 2025.

The efficient rate of interest was 23.5 per cent, whereas the contractual penal rate of interest was 38.5 per cent, comprising the conventional 23.5 per cent curiosity and a 15 per cent penalty.