3.2.6 The implementation of the PFA Programme was officially launched on 8
October 2007. An ex-ante economic analysis of the feasibility of loans
accessed through Savings and Credit Cooperatives and MFIs in the PFA
Programme has not been conducted. There is need to effectively
communicate the institutional arrangements for delivery and access to
the PFA resources.
3.2.7 Despite the existence of a draft National Media and Communication
strategy designed specifically to enhance the communication and
dissemination to the public of major government policies and
programmes, there are still challenges of communicating government
policies and programmes to the public beyond Kampala city.
3.2.8 There is anxiety over the management of oil revenues. This is
exacerbated by limited government structured knowledge and
institutionalised fora for nation-wide public awareness and engagement
in the debate on proposed legislation on Oil and Gas. A concrete
strategy for continuous communication and information dissemination
on the Oil and Gas policy as well as the proposed legislation is yet to be
put in place.
3.3
Corporate Governance
3.3.1 Although there is increasing awareness about Corporate Governance,
there are challenges faced in entrenching corporate governance practices
in Uganda‟s corporate spheres.
3.3.2 Limited progress has been made in decentralising and automating of the
companies‟ registry and storage system for company trademarks. As a
result, the backlog in company registration has not been cleared. This
process has been held back largely by the absence of counterpart funding
from the Ministry of Finance, Planning and Economic Development.
The operationalisation of the Centre for Arbitration and Dispute
Resolution (CADER) was also waiting for counterpart funding from
Ministry of Finance, Planning and Economic Development.
3.3.3 Government has provided inadequate incentives for small businesses to
become formal enterprises. The funding made available for supporting
training programmes for Small and Medium Enterprises (SMEs) in good
economic governance and management principles, standards and codes,