UDB urges businesses to plan and keep records for success
The Uganda Development Bank is calling on business owners to plan and keep records, noting that these are the backbone of a successful business. UDB's Business Development Manager, Mahamoud Andama, notes that most businesses in the country collapse before their first anniversary, not because of financial problems, but due to limited knowledge of financial literacy. His call came as he addressed 60 Small and Medium Enterprises at the Uganda Management Institute campus in Gulu City.