The Private Sector Federation (PSF) is an umbrella organization dedicated to promoting and representing the interests of the Rwandan business community. The PSF Rwanda was founded in December 1999 as the private sector’s counterpart and umbrella organization in the Private Public Partnership framework in Rwanda. PSF has registered major successes since its creation including a strong brand and membership base. The number of associations under PSF has grown grew to 23 Associations representing 17 specific business associations and six provincial business associations. There are nine chambers that represent the main areas of the Rwandan private sector which include;
- Liberal Professions
- Women Entrepreneurs and Young Entrepreneurs
PSF has also pioneered into Business Development Services (BDS) and has registered a number of achievement in advocacy and has played a strong national and regional role.
Functions of Private Sector Federation
The functions of PSF include the following;
- Ensuring a stronger voice on sectoral matters.
- Providing easier and more effective consultation with a more holistic and less fragmented view of industries.
- Establishing stronger capacity to provide sector specific services.
Programs under Private Sector Federation
The PSF runs many programs but the key ones include the following;
- Entrepreneurship Development and Business Growth
- Capacity Building and Employment
- Trade and Policy Advocacy
- Membership, Events and Communications
- Finance and Administration
- Business Development Services
- Technical Vocational Employment Training
Challenges in private sector Federation
The challenges include;
- Limited resources both in terms of staff and budget. The current full time staff are18 people including only 10 professionals.
- Lack of clear priorities and skill to implement the mission and also the priorities have not been translated into actionable items.
- There are high cost of transportation which affects the organization.
- Insufficient production of goods and services for both export and domestic consumption.
- Limited quality standards of Rwandan products and services.
- Limited institutional capacity for the private sector.
- Limited access to finance and poor infrastructure as well as services delivery.
- Lack of investments by Rwandans to participate in the purchase of large enterprises mainly of the private sector.
- Lack of technical and management training for the owners and skilled persons.
- Difficulty of finding required equipments locally.
- Lack of own transport facilities and appropriate packing.
- Competent business development services
- Limited government consultation in making decisions that affect the private sector.