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OBJECTIVES, BENEFITS AND CHALLENGES OF ED POLICIES – KAGGWA RONALD

1.BUBU POLICY

It was established in 2014 and launched in 2017 to promote consumption and procurement of
locally produced good and services by the local manufacturers.

Objectives

a. To promote consumption of local goods and services.


b. To promote use and conformity of standards.
c. To provide capacity building programs to local suppliers of goods and services.

Benefits of BUBU policy

✓ Crucial for the country to attain middle income status. E.g., paying taxes to the GOV’T hence
increasing revenue.
✓ It will change the fortunes of local producers and suppliers of domestic products. E.g.,
increase in exports than imports.
✓ Enhance competitiveness of local products. E.g., the quality local goods produced compete
internationally.
✓ Will enable us attract investment in the import substitution sectors. E.g., if we produce
quality, it will attract investors.
✓ Will solve the un employment problems. E.g., if we increase on local goods and services, it
will attract very many people to come up with businesses who employ people.

Challenges

✓ Competition with already established brands.


✓ Changing tastes and preferences.
✓ Constraints faced by local producers in distribution chain. I.e., proper markets and minimum
requirements to register a company, proper packaging, expiry dates.
✓ Conformity to standards and quality requirements. I.e., certificate of quality from UNBS.
✓ The doing business environment. I.e., getting a certificate of incorporation.

2. PUBLIC PRIVATE PARTNERSHIP(PPP)

The government of Uganda has developed a policy of PPP as a tool for the provision of public
services and public infrastructure. Cabinet approves this policy on March 10, 2010.

Objectives

a. Put in place an enabling environment that will stimulate investment in public infrastructure
and related services.
b. Encourage private sector investment and participation in public infrastructure and related
services where value for money for can clearly demonstrated.
c. Streamline the PPP procurement process.
d. Clearly articulate accountability for outcomes.

Benefits

✓ Creation of innovation. E.g., YAKA under UMEME


✓ Public private partnerships incentivize the private sector to deliver projects in and on time
and within the set Budget. E.g., this reduces on the costs.
OBJECTIVES, BENEFITS AND CHALLENGES OF ED POLICIES – KAGGWA RONALD

✓ Creation of wealth. E.g., leasing of public property like plots of land at Namanve Business
Park, large firms like Coca Cola, Toyota have acquired premises for operation at cheaper
prices, than if it were owned by a private entity which enables them to make long run
profits.
✓ They help to supplement the limited public sector capacities to meet the growing demand
for infrastructure development. For example, projects like the renovation of Serena hotel
where Aga Khan for private entity and NSSF public entity, both committed resources of
capital to develop the Hotel.
✓ Using public private partnerships ensure transfer of skills leading to national champions. E.g.,
workers of Coca cola impart skills in Ugandans.
✓ Help in making the economy more competitive in terms of its facilitating infrastructure base
as well as giving a boost to its business and industry.
✓ It is a way of developing local sector capabilities through joint ventures. E.g., giving chances
to local partners to also exercise their skills for instance UMEME employees many locals.

Challenges
✓ There is different organizational cultures and goals between public – sector and the private
sector.
✓ There is often inconsistency between resources inputs and quality.
✓ Public and private sector institutions sometimes lack institutional knowledge and support to
manage such partnerships.
✓ There is usually lack of legal frameworks to regulate these partnerships.
✓ Government often lacks adequate procedures for selecting PPP partners.
✓ There is sometimes inadequate monitoring and evaluation of PPP processes.
✓ There is often lack of transparency in some of these partnerships.
✓ The unwillingness to share risk and responsibility between the public sector and private
sector.

3. MICRO SMALL AND MECIUM ENTERPRISES (MSME) POLICY

The definition of micro, small and medium enterprises include all types of enterprises irrespective
of their legal form whether they are formal or informal enterprises to ensure inclusiveness.

Objectives

a. To provide enabling environment through policy, legal and institutional coordination


framework.
b. To promote research, product/ process development, innovation, value addition and
appropriate technologies including ICT.
c. To promote product and service standards for quality assurance.
d. To support access to markets and business information services.
e. To enhance capacity building entrepreneurship, vocational, business and industrial
development skills.
f. To enable gender equality, incisiveness and environmentally friendly businesses for
sustainable development.
OBJECTIVES, BENEFITS AND CHALLENGES OF ED POLICIES – KAGGWA RONALD

Benefits

✓ Creation of employment both directly and indirectly.


✓ Promotion of international trade. (Buying and selling of goods across the country) they
search for wider markets in other countries.
✓ Regulate inflation. For example, entrepreneurs help the central Bank to regulate inflation
through producing the fast-moving products. Like Kakira Sugar.
✓ Contribute to tax revenue.
✓ Increment in growth domestic product (GDP). E.g., they produce innovative products of high
value.
✓ Conduct training programs. E.g., organizations go ahead to give internships to university
students.
✓ Infrastructure development. E.g., such schools, roads etc.
✓ Promote balance regional growth. For example, entrepreneurs tend to venture businesses
into various areas of Uganda.
✓ Diversification of goods and services. For example, in addition to providing jobs they
improve on the standards of living. Like Jumia
✓ Research improvement.
✓ Provide donations to the society.
✓ Provide sponsorships.
✓ Set up charitable institutions in the society.
✓ Conduct welfare programs in society.
✓ Act as role models.

Challenges

✓ Limited access to affordable finance. E.g., especially with women and people with
disabilities.
✓ The domain informality of the sector. E.g., difficulties in growth &expansion of enterprises.
✓ Inadequate technical and business skills.
✓ Limited Access to appropriate technology.
✓ Limited access to quality assurance and affordable product certification services.
✓ Limited infrastructural facilities.
✓ Limited access to markets and business information services.
✓ Limited access to market and business information services.
✓ Un coordinated structure of MSME sector.
✓ Gender inclusiveness in MSMEs Development.
OBJECTIVES, BENEFITS AND CHALLENGES OF ED POLICIES – KAGGWA RONALD

4. URSB POLICY

URSB is an autonomous statutory body established in 1998 under the company Act 2012, Capt. 210
mandated to register all business in Uganda which are required by law to be registered.

Objectives

a. To register and reserve company names.


b. To incorporate new companies.
c. To register business names.
d. To register legal instruments and other documents.
e. To register interactual property.

Benefits

✓ Obtain legal identity.


✓ Safeguard your business name by acquiring a trade name.
✓ Access opportunities like loans, tenders and financing.
✓ Business formalization creates more employment opportunities through business
expansion.
✓ Enables registration for licenses. E.g., investment license, trading license and taxation
license.
✓ Better marketing and advertising opportunities for increased clients.
✓ Improved competitiveness in the regional market.

Challenges

✓ Challenge of foreign investors who lack knowledge in countries they intend to invest in.
✓ Wrong information given to URSB by some individuals.
✓ Delays in processing documents for companies and business registration.
✓ Shortage of funds to finance URSB from government.
✓ Low sensitization about registration of businesses.
✓ Failure of individuals to provide the requirements of registering companies and businesses.
✓ Poor monitoring and evaluation of registered businesses.
✓ Low enforcement on the penalties to those who operate without registering.
✓ Takin long to update and prove the policy to those responsible in government.

5. SKILLING UGANDA POLICY

The program was launched in 2011 under Ministry of education and sports. The government
launched the Business, Technical, Vocational Education and Training (BTVET) also known as Skilling
Uganda.

Objectives
OBJECTIVES, BENEFITS AND CHALLENGES OF ED POLICIES – KAGGWA RONALD

a. Raise the economic relevance of BTVET


b. Increase the quality of skills provisions
c. Provide equitable access to skills development
d. Achieve greater effectiveness in BTVET management and organization
e. Increase international efficiency and resources available for BTVET

Benefits

✓ The private entities freely provide internships to students.


✓ Reduces on the levels of un employment in the country.
✓ Development of skills, knowledge and understanding.
✓ Development of new standards in training curricula of trades and occupations.
✓ Brings about sustainable change workforce due to practical done.
✓ Creativity and innovation
✓ Increases creation of more small-scale businesses
✓ Enhances more Competition in the global economy

Challenges

✓ Irregularities in paying instructors


✓ very often the public is not aware of it
✓ No career guidance in schools about vocational institutes
✓ Most primary and secondary schools largely remain academic based
✓ The program is deemed not practical enough
✓ Female enrollment is still low at 25% out of the total enrollment.

6. YOUTH FUND POLICY

Youth un employment continues to be a developmental challenge in Uganda, at least 64 percent


of the total unemployed persons are youth. One solution has been the promotion of self-
employment through establishment of National Youth Funds.

Objectives

a. Enterprise development
b. Job creation
c. Business skill training and development.

Benefits

✓ Youth’s ability to contribute to development activities and create employment for fellow
youth.
✓ Creates monetary saving methods among the beneficiaries of YDF.
✓ Youth development fund (YDF) contribution on the ability to join health insurance fund.
✓ YDF contribution on the ability to access formal health services.
✓ YDF contribution to youth on food security.
✓ YDF contribution to youth on asset ownership.
OBJECTIVES, BENEFITS AND CHALLENGES OF ED POLICIES – KAGGWA RONALD

Challenges

✓ The Youth Funds is highly dominated by the youth in the central region, urban areas and
males.
✓ The fund procedures are not applied in a consistent manner.
✓ Information asymmetry is also strong factor.
✓ No evidence of Monitoring &Evaluation framework to measure the success of the fund in
terms of jobs created, type and quality of jobs created etc.
✓ Limited evidence of the participating banks to conduct Youth tailored money/business
management clinics.
✓ Collateral was required in most instances.

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