PSFU, NITA-U Sign MoU to Fight Corruption

The Private Sector Foundation Uganda (PSFU) has signed a Memorandum of Understanding (MoU) with the National Information Technology Authority Uganda (NITA-U) to enable the two bodies fight corruption effectively.

The two will fight corruption in the three-year skills, attitude, governance and anti-corruption (SG+) project which will be facilitated with the help the European Union and Enabel, a Belgian Organisation.

The project will be jointly implemented by Enabel and PSFU with an aim of contributing to the creation of a more conducive business environment.

“The private sector has identified governance and corruption as one of the three critical obstacles to doing business in Uganda. The vice complicates business, discourages foreign and domestic investments and inhibits job creation,” Stephen Asiimwe the ED of PSFU said.

This, he said ultimately slows down the country’s economic development.

According to the Inspector General of Government, about 9 out of too payments for public procurements are affected by corruption.

“Although corruption is widely believed to be common, evidence to facilitate the elimination of the vice in the private sector remains scanty. It is thus imperative for different actors to come up with innovative ways of addressing the challenge of corruption in doing business.”

Speaking at the MoU signing at Protea Hotel in Kampala, Tom Vanneste, the Enabel Country Representative said the project will support companies to embrace electronic government procurement to eliminate human contact in the procurement process.

According to the 2021 Corruption Perception Index of Transparency International, Uganda is the 27th most corrupt country, out of 180 nations surveyed.

The post PSFU, NITA-U Sign MoU to Fight Corruption first appeared on ChimpReports.