Over 58 entities recognized for incremental contributions to the economy as winners applaud Visionaries of Uganda for boosting their profile

Various Visionaries of Uganda Awards for the 10th ceremony have applauded the organizers for boosting their profiles and putting to light their contributions towards economic transformation in Uganda.

The Director of Public Prosecutions (DPP),  Uganda Energy Credit Capitalization Company (UECCC), National Drug Authority (NDA),  Dan ChurchAid Uganda were among the award winners that were recognized for their excellence during the colorful event held on 24th November at Serena Hotel Kampala.

Hon. Muruli Mukasa the Chief Guest, at the 10th Visionaries of Uganda Awards Ceremony said, “The 10th Visionaries of Uganda Awards Ceremony aims to recognize individuals and organizations that have excelled in the realization of Vision 2040.” He congratulated all the awardees.

He was flanked by two other Ministers namely Francis Mwebesa Trade and Peter Lokeris in charge of minerals.

The Director of Public Prosecutions (DPP) Jane Frances Abodo that received an award for exemplary leadership and selfless contribution to the Justice, Law and Order Sector, and for outstanding contribution towards Uganda middle income status aspiration and Vision 2040 was presented to her by the Minister of Public Service Hon. Muruli Mukasa.

Speaking at the event as Gest Speaker, the DPP explained the role of the Office of the Director of Public Prosecutions (ODPP) towards Uganda’s socio–economic transformation. She pointed out that effective prosecution of criminal cases contributes to the advancement of social justice, and the pursuit of justice for all. It also creates a friendly and secure environment which are pertinent preconditions for inclusive growth and competitiveness. She informed the business community of the need for their collaboration with the Office of the DPP to ensure that criminal justice is administered. The DPP appreciated the Government of Uganda for the award and congratulated all the other awardees, encouraging them to work harder.

UECCC pictured above, received recognition & won an award as the best ‘Government Renewable Energy Agency of the Year’ during the 10th Visionaries of Uganda Award Ceremony held at Kampala Serena Hotel.

 

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UECCC recognised as a top Government Agency

UECCC on 24/11/22  received recognition & won an award as the best ‘Government Renewable Energy Agency of the Year’ during the 10th Visionaries of Uganda Award Ceremony held at Kampala Serena Hotel.

The award ceremony is held every year and outstanding companies in various sectors contributing to attainment of the Uganda Vision 2040 are recognised.

This year’s event was presided over by the Minister of Public Service, Hon. Muruli Mukasa who represented the Vice President of the Republic of  Uganda. Other Ministers in attendance were the Minister of Trade, Industries and Cooperatives, Hon. Mwebesa Francis and Minister of State for Energy, Hon.Peter Lokeris.

UECCC remains committed to continue providing financing to catalyse access to renewable energy.

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US$331 million loan for electricity access approved

Parliament has approved a request for government to borrow up to US$331.5 million, from the International Development Association of the World Bank Group, upon which it will obtain a grant worth US$ 276.5 million.

The loan is for financing the Electricity Access Scale Up Project (EASP), whose aim is to increase access to electricity nationwide.

While presenting loan request to Parliament, the Minister of State for Planning, Hon. Amos Lugoloobi, said the EASP envisages an increase in access to electricity from the current 19 per cent to 44 per cent by 2027.

“In this, the project forecasts an increase in the number of connections annually from the current average of 70,000 to 300,000 connections,” said Lugoloobi.

This was during the plenary sitting of Tuesday, 22 November 2022 chaired by Speaker Anita Among.

Lugoloobi added that the loan is expected to increase the share of clean energy usage for cooking from 15 to 40 per cent by 2027.

He said that the project will be equitable as it will include the disadvantaged communities in its beneficiaries. “The project will benefit households, commercial enterprises, industrial parks, public institutions. It will support refugees and host communities and women,” Lugoloobi said.

He further stated that the Ministry of Energy and Mineral Development and the Uganda Energy Credit Capitalisation Company (UECCC) will be the main project implementing partners.

The loan request did not meet any resistance during its processing in the committee and in plenary, which MPs attributed to the project’s equitable nature.

“Ordinarily we [the Opposition] are not opposed to borrowing. We are only opposed to misguided borrowing and poor loan management but with respect to this loan, it is national in character and reflects equitable distribution. It is good for development,” said Hon. Medard Sseggona who represented the Leader of the Opposition in Parliament (LOP).

He applauded the component of grant as one of the conditions for the loan and asked government to formulate a debt management policy.

The report for the loan was presented by the Chairperson of the Committee on National Economy, Hon. John Bosco Okojo, also Bukedea County MP.

Sseggona, also Busiro County East MP, however, opposed the proposal to have the energy ministry run the project and instead sought restoration of the Rural Electrification Agency (REA).

“Now you are taking us back to this ministry that has always dodged its responsibilities in electricity infrastructure. I wish government could reconsider the disbandment of Rural Electrification Agency. REA did a good job,” said Sseggona.

Speaker Among, in agreement with Sseggona, called on government to reinstate REA whose track record she said was commendable.

“I also want to agree with the LoP on the issue of REA. Give us back our REA, the management could have been bad, but you can get other management. REA did a good job and it had good success stories,” said Among.

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