EXPORT READINESS FOR MSMEs: Local enterprises gaining ground
Uganda’s micro small and medium enterprises are gaining some ground in preparation for the export market, and the federation of micro small and medium enterprises says, despite the small numbers, the positive results are a sign of the progress by the private sector and government, in the push for the formalisation of local businesses. The majority of the businesses in the country, however, remain informal and some struggle to access operational capital and export finance among others.