“The Government of Uganda has committed over UGX.223.9Bn in various investment projects under Uganda Development Corporation (UDC) over the years 2016/17 to 2019/20. These investments which are highlighted as government priorities from National Development Plan (NDP I), through to NDP III, are meant to promote social and economic development and contribute to poverty eradication by increasing national and regional economic growth and development” (Auditor General, December 2021).
We know over the years that the National Resistance Movement and the Government of Uganda (GoU) knows all about writing fancy plans, but have no idea about to implement them. In this regard, the GoU have not failed us either. The same government have failed to use the investments and the spending Uganda Development Corporation (UDC) over the years. That is very obvious.
These investments has been questioned before and the lack of results from them has been in the public too. As the factories and companies haven’t delivered as promised. The companies in question is Soroti Fruit Factory, Kigezi Highlands, Mbale Tea Factor, Kayonza tea factory and Atiak Sugar factory. Especially, the Soroti and Atiak factories have caused a stir and headlines in the past. So, the Auditor General is validating what the public already knows, but it is friendly to see the state looking at their lack of results.
Just read this conclusion, it says a lot about the lack of good governance by the NRM:
“Government has invested over UGX.200Bn in various sectors of the economy with the objective of boosting value addition mainly in the agricultural sector. There has been a noted increase in both tea and sugar production. It should however be noted that the levels of outputs and other expected benefits are not commensurate with the investments due to challenges of budgeting and planning, lack of feasibility studies and criteria for allocation of funding, inadequate contractual arrangements to clarify roles and targets and limited oversight and monitoring of investments. There is a risk of failure to achieve the intended objectives. There is still potential for improvement by ensuring UDC staffing levels are increased to undertake the above-mentioned tasks. It is also necessary to enhance autonomy for UDC by providing capitalisation instead of project related financing, so that management is flexible in allocation and re-allocate resources where they are urgently required at the time” (Auditor General, December 2021).
When reading this… you can state this is “white elephants” and could have been produced by any sort of foreign development agency to sell good stories to their donors and well-wishers. The GoU is initially dropping money like a drunk sailor without plans or sufficiently study the needs for it. Secondly, they don’t have secured or checked the plans to ensure the value for money. Alas, they are just printing money and throwing it on strippers. Hoping the stripper will come with the man who is making it rain. It is possibly that the stripper will be picked up by someone else or has a man already. So, why should the enterprise succeed when it’s just mere luck, if you actually get a shot to kiss or spend time with the girl.
In the same fashion the GoU has invested in the UDC. They have thrown money at the wall and hoping that something will stick. This is just running wild… and not putting any real efforts in. As they are just spending money and investing them without any precautions. That should be a worry anyone and the AG couldn’t be any clearer in this instance. Peace.