S.4 Commerce Public Sector Caltec S.4

PART SIX THE PUBLIC SECTOR, PRIVATIZATION AND CONSUMER PROTECTION THE PUBLIC SECTOR This consists of state owned enterprises which are engaged in commercial activities parallel with those of the private sector. These include :- - Parastatal bodies - Public corporation s - Local authorities Parastatal bodies: These are statutory organizations set up by the government to perform developmental functions. The aim of parasta tals is not to make profits but to assist the public in various ways E.g. Marketing boards. MARKETING BOARDS These are produce trading organisations set up by the government or by the private individuals to buy agricultural produce from farmers and sell it to consumers. They normally buy from farmers through co -operatives societies. The main aim of a Marketing Board is to assist small scale farmers, eliminate unhealthy competition between them and to ensure steady supply of essential commodities to consumers. Statutory marketing boards These are set up by the government through an act of parliament that defines their areas of operations, functions and status e.g. the Coffee Marketing Board, Lint Marketing Board. Voluntary Marketing Boards. These are set up by private individuals. They are non –statutory boards and are often registered as corporate bodies with their powers and areas of operation being defined by Articles and Memorandum of Association. Types of Marketing Boards Whether statutory or voluntary in formation, Marketing Boards can be divided into two groups according to the range of products dealt in: 1. Commodity Marketing Board. This handles only one type o agricultural produce eg Coffee Marketing Board, Link Marketing Board. 2. Produce Marketing Board. This handles a wide range of products eg the produce market ing Board of Uganda. 3. Export marketing boards: These concentrate on marketing various agricultural products to foreign markets. 4. Advisory marketing boards: These carry out research …