Regulatory Authorities Form Joint Planning Platform
By Melanie Aanyu,
Government regulatory authorities have agreed to create a platform beginning next month where they will be meeting to discuss their work plans and ensure that they are implemented in a coordinated manner.
Speaking at the inaugural Government Regulators Breakfast meeting, Ms Zilia Tibaalwa Waako, the chief executive officer of Electricity Regulatory Authority, said since the creation of new regulatory authorities, there has not been a single umbrella under which they come together to debate, discuss, share knowledge and agree on how to advise government and complement each other.
Citing the corporate governance training requirement for board members of the different regulatory authorities by the ministry of Finance, Ms Waako said this is another area where regulatory bodies waste a lot of resources.
She explained that instead of getting the different board members into one room and they hire the same consultant to train them, each regulator hires independent consultants.
Prof Samuel Sejjaaka, the principal and country team leader at MAT ABACUS Business, who was the guest speaker, told the participants that all the regulatory authorities are a result of the different service delivering models of nationalisation, privatisation and liberalisation the country has gone through to achieve socio-economic transformation.
He said by working together, they create synergies and efficiency when delivering services.