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SME operators optimistic about reopening of the economy

Noelyn Nassuuna by Noelyn Nassuuna
December 31, 2021
in News
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Business owners advised against dissolving enterprises

A business woman interacts with a customer during an exhibition in Kampala. According to the Mastercard Index of Women Entrepreneurs 2019, nearly 4 in every 10 business owners are female in the leading markets of Uganda and Ghana. Photo by Rachel Mabala

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By Moses Ndhaye

Operators of small and medium enterprises have expressed optimism that re-opening the economy fully will help the majority of the struggling businesses to recover from the effects of the COCVID-19 Pandemic.

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The Executive director at the Federation of Small and Medium Enterprises-Uganda John Walugembe says this is a critical policy that the government should critically examine especially at this time when businesses have been affected by the pandemic.

He says in addition, the government should also support SME’s to access the market in the region and this will help the economy prosper.

He says Small and Medium Enterprises (SMEs) play a major role in most economies, particularly in developing countries, Uganda inclusive and they are important contributors to job creation.

 

Noelyn Nassuuna

Noelyn Nassuuna

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Besigye, Mukaaku finally granted bail

Besigye, Mukaaku finally granted bail

July 1, 2022

NRM CEC seats today to vet EALA aspirants

July 1, 2022
UNATU vows to drag gov’t to court if teachers are fired

Striking teachers set for more gov’t talks today

July 1, 2022
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