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.
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