As schools prepare to re-open in January next year as directed by the President, private schools owners have stated devising means of how to save their schools in the future, in case such tragedies like Covid-19 strike again.
Micheal Kironde, the chairperson of Proprietors of Private Educational Institutions Association in Uganda (PPEIAU) has urged all private schools owners to be part of the savings scheme, even if it means them selling some of their private properties.
"We want to encourage all of you private Schools owners, please come on board and start saving when schools resume. This is to help us collect cheap capital which is our biggest challenge and always causing fees to increase yearly. Even if it means selling part of your private property, do it because if you sell a plot, in 5years you'll be able to restore the plot of land." said Micheal Kironde.
This comes at a time when schools have been one of the most hit during the covid_19 pandemic and Uganda at the moment is the only country in the world that has the education sector still partially closed. With the private schools owners still waiting for the promised 20bn relief funds, will this SACCO move help them in the future?
