Deputy Governor Cautions Small Scale Enterprizes


The Deputy Governor bank of Uganda Dr. Luis Kasekende has called upon small and media enterprises to focus on becoming an engine of economic growth as well as have financial discipline if they are to survive hard economic times and grow into profitable enterprises.
Dr. Kasekende says that much as SMEs need financial support to survive in the challenging economic environment, considering Uganda has one of the highest business failure rates, with most businesses winding up before their first birthday.