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As the country comes within sniffing distance of enacting oil production, which will begin in the Albertine region by 2025, they expect that the sector will create 160,000 jobs.
Apparently, they will also reserve 60% of these jobs for companies that have corporate governance in their execution of the human resource performance scoreboards.
Meanwhile, the remaining percentage will go to the small and medium enterprises (SMEs) or the informal sector.
“Uganda must position itself in the area of human capital potential to feed regional corporations. Many Ugandans are not skilled in the work they do, and many offices are headed by political appointees. We started with the private sector, moved to NGOs and CSOs. And for the last 21 years we have been training corporate governance,” Dison B. Okumu, the Executive Officer ICGU said on Wednesday.
He also said that corporate governance doesn’t necessarily mean an organization with someone who sits on multi boards. He said it refers to structures that attract people with an understanding of investment trends.
According to the founder and CEO of Leading Boards Africa, the program will also cover various parts in governance, skill, mindset, strategic communication and the legal aspect.
“The boardroom major role is to provide strategy and how it translates it at the board level. The changes in the digital world, emotional social and ethical behaviors among others,” she said.
Check Also;
- Improve Literacy Levels To Transform Country Into Modern Economy; US Ambassador
- FDC Founder, Dr. Kizza Besigye, Foretells Food Shortage In Uganda
- Let Ugandans Take Charge Of Natural Resources; Kabuleta Advises Government
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![[dropcap]A[/dropcap] section of women in Bugongo parish and Nawangaiza parish in Nawandala Sub County, Iganga District have decried the near-impossible terms set for them to access GROW funds. They have now petitioned their woman member of parliament for Iganga Hon. Kauma Sauda Alibaawo to ask the government for revised terms and conditions. This is to enable them to benefit from the program. The disgruntled women accuse the implementers of the program of charging the money. They are also asking for their land titles and land agreements. They said that such properties are governed by their husbands. These, therefore want the government through their woman MP to intervene and revise the requirements for one to benefit. The women were on Wednesday at Namabwere primary school in Nawandala Sub County. They had gathered in their respective groups to receive over 300 chickens from Hon Alibaawo in her campaign to improve the livelihood of women in Iganga district. Each group was given 50 chicken as start-up capital in their journey to prosperity. Read what some leaders said; Ms Naigambi Lydia from Nawandala Trading Centre says, “They solicited money from us through opening bank accounts and depositing Shs80,000. They also asked for land titles and land agreements from us yet we don’t have such things. I was informed that I needed to have a business with a capital of Shs4m yet my capital was very small.” The chairperson Kisoboka Saving Group in Nawandala Ms. Nakagolo Faith said they were not able to join the program. This is given the many conditions attached. She also asked their woman MP to raise their concerns to the relevant offices. The MP condemned the mode of implementation of the program. She cited that it has turned to benefit the well-off class of women other than the intended group. She further asked the government to intervene saying the current strings attached to the programme are very tight to accommodate a common woman. GROW project is a Government of Uganda initiative that arose out of the need to respond to the needs of women entrepreneurs. This is especially those who want to grow their businesses, sustain their self-employment and create more jobs. Check Also; Iganga District NRM Leaders Urge Museveni To Fulfill Election Promises Of 2021 International Women's Day: Celebrating Progress Towards Equality](https://i0.wp.com/newslexpoint.com/wp-content/uploads/2024/11/Iganga-women-decry-tough-terms-to-access-GROW-funds-e1731738339732.jpg?resize=300%2C160&ssl=1)
