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East African Community Secretary General Liberat Mfumukeko concluded his visit to Uganda with a meeting at Private Sector Foundation Uganda (PSFU). PSFU was represented by Mr. Gideon Badagawa, Mr. Jim Kabeho, MS. Barbra Mulwana, and Mr. Stuart Mwesigwa among others.

The purpose of the visit was for the Secretary General together with his team to familiarize himself with PSFU and to understand how we can work together as a community so that we can echo one voice towards economic growth as the East African Community, other than individual states.

The Secretary General also shared his interaction and discussions with African Development Bank (AfDB) President, Dr. Akinwumi Adesina in February 2019. “I used the meeting opportunity to seek support in the implementation of the 5th Development Strategy, which he said requires US$985 million over 5 years. He specifically sought support in Agriculture and Industry.”

He further informed us that AfDB will provide more support to Agriculture and Industry and especially Agri- industrialization. Therefore, he emphasized our need to prepare and share bankable projects in those sectors to the EAC Secretariat immediately for consideration by AfDB. A joint team of EAC and AfDB will work on preparing bankable projects for presentation to the AfDB coordinated African Investment Forum in November 2019 in South Africa.

He also mentioned that his visit to Uganda is to further follow up on the implementation of the 5th EAC Development Strategy which was adopted during last year’s EAC Summit. The strategy positions the private sector and industrialization among the EAC’s top priorities. Hence, the need to familiarize himself with the private sector bodies in the Community. He emphasized that it’s very critical to involve the private sector so that challenges of food security, lack of employment can be addressed collectively together with the Governments.

Mr. Gideon Badagawa together with private sector members present applauded the Secretary General’s initiative to meet the private sector, as well as the great opportunities from AfDB. They committed to work closely with EAC to ensure that our bankable projects are presented accordingly and to continuously coordinate with EAC so that we all grow and develop as a Community.

ERA warns landlords hiking tenants’ electricity charges

  • Private Sector Foundation Uganda
  • PSFU NEWS

Kampala- Electricity Regulatory Authority (ERA) has warned landlords of commercial buildings in Kampala to stop charging tenants electricity prices that are outside the gazetted rates. 
The warning comes on the back of raising concerns pointing to landlords charging tenants outside official tariff guidelines.

In a notice published yesterday, ERA said it had received multiple complaints from stakeholders decrying a hike in electricity charges in commercial buildings.

“ERA [has been receiving] complaints from tenants in commercial buildings, markets and the civil society in Kampala... relating to electricity charges beyond those approved by ERA,” the notice reads in part, warning that this was against the law and those “found engaging in any practice that is inconsistent shall be criminally prosecuted”.

The practice, ERA said, is mostly found among the bulk metering system customers, some of who continue to act outside regulations of electricity distribution licensees.

The notice said, a landlord who is bulk metered and later redistributes to other tenants should charge identical tariffs as would have been charged by an electricity distributor such as Umeme. 
“Unit owners or tenants are supposed to pay based on their actual power consumption as displayed by their sub metres,” the notice said. 
Mr Julius Wandera, the ERA manager consumer and public affairs, confirmed the warning, noting that they had advised landlords to install Yaka metres in each stalls or shops for the consumers to manage their payments.

Ms Florence Nsubuga, the Umeme chief operations officer, yesterday told Daily Monitor they were aware of the practice and have previously engaged some landlords.

For instance, she said, they had encountered resistance from particularly two landlords - who she could not name - but said they continue to insist on overcharging tenants.

ERA’s approved charges for commercial tariffs where arcades and shopping malls fall is Shs686.1.

The warning follows a revelation by Mr Isa Sekito, the Kampala City Traders Association spokesperson, who, during a public hearing organised by ERA, said some landlords in Downtown Kampala charge tenants as high as Shs1,000 per unit.

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Private Sector One Dollar HIV & AIDS Initiative

  • Private Sector Foundation Uganda
  • PSFU NEWS

 

The One Dollar HIV & AIDS Initiative Uganda (ODI) is a private sector led innovative mechanism aimed at raising domestic resources to support HIV & AIDS national response. HIV & AIDS does not only affect consumption and profitability of business but also destabilizes the overall business environment in the Country.

ODI’s purpose therefore is to engage the private sector to create an endowment fund to support treatment and to stop the flow of new infections. 

The ODI clearly aligns with the HIV and AIDS Prevention and Control Act (2014) which emphasizes the value of multi-sector collaboration and increased domestic investment in health as one of the ways that will ensure its sustainable control.

The walk/run kicked off from City Square, Kampala to UMA Show grounds and it was under the theme ‘Until it’s over’. 

Mr. Patrick Bitature said, “This is not a tax but a moral obligation for every Ugandan to make a commitment by contributing at least one dollar (Shs 4,000) and this can be done once a year, every month, every week or every day.” 

The Chairperson, One Dollar Initiative, Vinand Nantulya said that the campaign is aimed at building an endowment fund worth US$ 1 billion over a period of 5 years which when invested through banks in form of treasury bills and bonds should give at least 10 percent interest. 

We encourage members of the Private Sector to donate generously to this cause. Find out how to donate from PSFU offices

The 2030 Agenda for Sustainable Development, with 17 Sustainable Development Goals (SDGs) is a comprehensive, ambitious, transformation and universal agenda, which has started to be implemented since 2015. Recognizing the complexity of the agenda, the 3rd International Conference on Financing for Development in Addis Ababa (June 2015), preserved a comprehensive approach to financing development-appreciating the role that various players can play, including the private sector in achieving the SDGs. The Government of Uganda is aware that effectively implementing Agenda calls for more inclusive development cooperation involving all stakeholders.

The Global Partnership for Effective Development Co-operation(GPEDC), a partnership of multi-stakeholders- gov-ernment, private sector, civil society, international organizations and donors and others, encourages effective de-velopment cooperation in support of sustainable development. GPEDC, as one aspect of its work stream gathers evidence on how private sector engagement through development cooperate – financial and otherwise. PSE through development co-operation is defined as: An activity that aims to engage the private sector for development results, which involve the active participation of the private sector.

The validation workshop hosted at Imperial Royale hotel, Kampala championed by UNDP shared the findings of the report to all stakeholders with the view to refine the findings and recommendations. In addition, the organisers of the workshop aimed at creating a platform for discussion to examine the most pressing concerns for private sector engagement in Uganda and discuss the so-lutions multi-stakeholders can recommend.

Find the report here >> Case for Uganda