The BUSAC III Steering Committee

BUSAC Fund III has a new Steering Committee that plays an active role in the activities of the BUSAC III Secretariat. The composition of the BUSAC III Steering Committee is as follows:

Three representatives from the private sector

Three representatives from Government – one from Ministry of Trade & Industry, one from Ministry of Local Government & Local Development and one from Ministry of Finance

One from the Development Partners.

The BUSAC III Steering Committee is chaired by one of the private sector representatives, while the Fund Manager serves as the secretary for the Steering Committee.

Role of the BUSAC III Steering Committee
The BUSAC III Steering Committee is responsible for the overall policy direction and management of the Fund. The Committee's role includes: work-plans and annual budgets

ensuring transparent and accountable oversight of the Fund's activities and initiatives

providing advice on the strategic direction of BUSAC III

reviewing and commenting on periodic progress reports, annual audit reports, external evaluation reports,

making decisions on approval of all grant applications