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In the Press |
NWSC will not be privatised, says government
(The Daily Monitor, Wednesday, 02 June, 2010)
By Martin Luther Oketch & Edgar Batte
Kampala
After selling most of the public enterprises, the government now says there is no need or urgency to privatise the National Water and Sewerage Corporation, because it is a sustainable public enterprise.
According to government’s programme, the NWSC was among the public enterprises that were supposed to be privatised. However, following the turn around of the company management under the leadership of the Managing Director, Dr. William Tsimwa Muhairwe since 1998 the company is performing well. He documents the turnaround process in his book titled ‘Making Public Enterprises work’.
Top government officials argue that the NWSC is now effectively and efficiently managed as a public enterprise that has moved away from a loss-making parastatal to a surplus-profit-making enterprise over the last 10 years.
Testimony
At the book launch yesterday, Prime Minister Apolo Nsibambi said: “The NWSC has proved beyond reasonable doubt that the public enterprise can deliver when intervention strategies are instituted.”
The government implemented privatisation and liberalisation policy in 1993 by adopting a wide range of economic and institutional reforms in the country. These included strengthening fiscal policy with improved expenditure allocations, civil service restructuring, privatisation (with lower subsidies to state enterprises), financial sector reform, modernised marketing of agricultural products, a free exchange system and an open capital account. The State Minister for Finance General Duties, Mr Fred Omach, said the case of NWSC is a testimony that public enterprises can work if managed well. |
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Copyright © 2008, National Water & Sewerage Corporation | Plot 39, Jinja Road, P.O. Box 7053 Kampala, Uganda
Tel: (+) 256 414 315100 / 0312 260 414/5, Fax: (+) 256 414 258 299 / 345 531, E-mail: info@nwsc.co.ug |
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