Kampala, Uganda | THE INDEPENDENT | The private business community has cast doubt over the viability of government policies aimed at supporting the economy during and after the COVID-19 pandemic. These include tax deferments, and financial packages. In the 2020/2021 budget, the Ministry of Finance, Planning and Economic Development provided more …
Read More »AU mulls guarantee scheme for small businesses to spur economic transformation
Nairobi, Kenya | XINHUA | The African Union (AU) is planning to put in place a guarantee scheme for micro, small and medium-sized enterprises (MSME) to speed up the continent’s economic transformation, an official said on Wednesday. Amine Idriss Adoume, director in charge of delivery program and coordination at the …
Read More »COMMENT: Small business, big impact
Why raising micro, small and medium-sized enterprises might avert future backlashes by the poor on the rich COMMENT | Arancha Gonzalez| The fruits of economic growth are not being shared widely enough. In many advanced economies, the anaemic post-2008 recovery has benefited the relatively rich, while large numbers of households …
Read More »MSMEs to spur middle income status
Ministry of Trade, Industry and Cooperatives (MTIC) will provide more opportunities for small scale enterprises thru Micro Small Medium Enterprises (MSME) to achieve the 2040 middle income status. During the handover ceremony at Farmers’ House, Minister MTIC, Amelia Kyambadde communicated to Ministry officials that the ministry under the MSME …
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