[View From Uganda]
When you here regime officials speak sometimes if you pretend you didn’t know the truth you might believe they are making sense.
At the 5th National Social Security Fund (NSSF) Suppliers Forum held last week, the Fund’s procurement plan, key projects and how technology has enabled best-in-class procurement practices at the Fund and government as a whole were discussed.
The Fund’s managing director and chief executive officer Richard Byarugaba said, “Our call today is for partnerships, shaping a future with the Fund all together. The key drivers of our business today are data and technology. Suppliers who remain analogue cannot do business with us. Public procurement accounts for 13% to 20% of global GDP. Fifty-five percent of Uganda's budget is spent on public procurement but an estimated 10% to 25% is lost as a result of inefficiency and corruption.“