Bank of Uganda Warns Small Scale Enterprises Against Poor Cash Flow

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The Deputy Governor Bank of Uganda Dr. Louis Kasekende has warned small and medium enterprises that they risk not surviving beyond five years if they do not ensure good cash flow. Dr. Kasekende says that cash flow is one of the biggest killers of SMEs in Uganda, with around half of small businesses failing in their first five years as a result of poor cash flow. We have the details.