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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;
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- FDC Founder, Dr. Kizza Besigye, Foretells Food Shortage In Uganda
- Let Ugandans Take Charge Of Natural Resources; Kabuleta Advises Government
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