Hon. Kyambadde hails Private Sector for championing economic development

The minister of trade and industry Hon. Amelia Kyambadde has commended the private sector for championing the growth and development of Micro, Small and Medium Enterprises (MSME) in Uganda. The minister said government recognizes the importance of the key private sector players for their critical contribution towards realizing a successful business environment. She said the Micro, Small and Medium Enterprises (MSME) sector plays a crucial role in the economic growth of Uganda with its GDP contribution standing at over 70%, and its employment and job creation rising to 90%. The minister observed that Micro, Small and Medium Enterprises are a vehicle through which the rural poor and the jobless Ugandans can transform themselves into the middle and industrial class.Read more


Small Scale Industries decry high interest rates

Members of Uganda Small Scale Industries Association (USSIA) have decried high interest rates charged by Microfinance Institutions and commercial banks saying they are hindering their business growth. Writes Felix Oketcho Speaking at the first ever microfinance and small enterprise expo, USSIA Executive Director Veronica Namwanje said they still face huge challenge in getting credit from commercial banks and microfinance institutions in Uganda. “Our biggest challenge remain access to credit from microfinance and commercial banks. They give us money at high interest rate with short grace period to service the loan. This cannot support our business growth,”Namwanje notes. Read more

News & Events

13 Mar


Uganda Small Scale Industries Association (USSIA) as an Apex body aimed at supporting and enhancing growth and competitiveness of Micro and Small Scale Industries in Uganda. Uganda Small Scale Industries Association (USSIA) is to carry out the following activities: Read more

13 Mar

USSIA and Microfinance Support Centre organises a sensitisation workshop.

Access to finance is an important aspect of fostering entrepreneurship and yet it continues to be a major constraint for MSMEs and entrepreneurs especially the youths. A study conducted by Financial Services Deepening Uganda (FSDU 2016) indicates that 7 out of every 10 SMEs identified ‘limited access to finance’ and the ‘cost of finance’ as constraints to business growth. Read more

01 Feb

USSIA organises the 2nd Public-Private Dialogues

Uganda Small Scale Industries Association (USSIA) is working with Private Sector Associations (PSAs) in Mityana, Kiboga and Mukono Districts in implementing the USAID-UKAID funded GAPP (Governance Accountability Participation and Performance) Program. The GAPP program, among other engagement strategies, is building advocacy capacity and skills of members in these PSAs to facilitate an effective and meaningful dialogue with the local government officials for a better business environment and service delivery. Read more



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