Many Ugandans are demanding or the reinstatement of some of the public enterprises which President Museveni’s Government sold off.
As Museveni makes his campaigns for re-election, he needs to give an account to Ugandans as regards the amount to-date raised from the public enterprises his Government sold off, and how the people have benefited from the proceeds.
It is also public knowledge that the PERD Act stipulates that the proceeds of the divestiture account may only be used or designated functions including, or present purposes, the promotion of Ugandan Entrepreneurs for agricultural and industrial development.
It is not clear how Bujagali Dam Construction became a beneficiary of US$27m transferred to the Energy Fund Account from the Divestiture funds given the PERD Act. Section 26(3) which; specifically relates to industrial development.
There is need or a report as regards the beneficiary Ugandan Enterprises given the Act.