Uganda’s public-enterprise debt is spread across a dozen institutions. But more than nine-tenths of it is concentrated in just three state enterprises. At Uganda Electricity Distribution Company Limited (UEDCL), Uganda Development Bank (UDB) and National Water and Sewerage Corporation (NWSC), chief executives Joselynne R Rwakakooko, Patricia Ojangole and Silver Mugisha, respectively, preside over institutions that together account for about 91.5…
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