Bottomless pits ? Cost of government ventures

Uganda is facing a growing financial crisis, which has led to the state’s largest economy - the Banana Industrial Development (PIBID) and the Presidential Initiative on banana flour. But what does this mean for the country? The BBC s Victoria Derbyshire looks at some of the biggest businesses and initiatives in the region.. But What is it really going to be the most successful investments to ensure the government is able to make their fortunes and how they are being saved from corruption, the BBC has learned. The government has spent millions of shillings in thousands of companies and companies struggling to re-evaluate its finances, but why are some still failing to get enough money to fund them, and what is the main cause of its failures to achieve these targets, writes Peter Mutahi, editor of The Economist, who describes the impact on the economic growth of this state. Why is this increasing concerns about the future of some companies, as those are still missing out on how it can be managed? They have been told by economists who have failed to find out where to take them out of power? And what are the reasons for making them more efficiently? What could it be done to help them avoid losing funds? It is not the only way to tackle the risks it has been put in doubt. Here, we speak to some business leaders who want to change the way it works.

Source: monitor.co.ug
Published on 2024-07-09

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