Spotlight

 

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

08 Nov

USSIA YOUTH INNOVATION AWARDS 2017

Uganda Small Scale Industries Association in partnership with Trias Uganda have launched USSIA Youth Innovation Awards 2017. Read more

26 Oct

USSIA ANNUAL WOMENS’ DESK PLANNING WORKSHOP 2017

Uganda Small Scale Industries Association (USSIA) conducted the annual Women’s Desk Planning workshop for all the women representatives in the country. This is an annual event for all women to plan for their zones and representatives. Read more

15 Sep

USSIA-GAPP CAPACITY BUILDING WORKSHOPS

Uganda Small Scale Industries Association (USSIA) received a grant from USAID under the Governance, Accountability, Participation & Performance (GAPP) project in a bid to promote private sector participation in local governments in the areas of Kiboga, Mukono & Mityana. Read more

15 Sep

PRIVATE SECTOR FOUNDATION UGANDA (PSFU) AWARDS 2017

Private Sector Foundation Uganda (PSFU) organised its annual awards giving ceremony at Bugolobi suites. The awards sought to promote and recognise good corporate governance, excellent association management and leadership practices with in the private sector in Uganda. Read more

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