Despite being ranked the world’s most entrepreneurial country,few Ugandan businesses hit the grand time. How can they leap from surviving to thriving? Ugandans were proud – though not too surprised – to hear their nation had topped a ranking final summer of the world’s most entrepreneurial countries. According to the Global Entrepreneurship Monitor (GEM), 28% of adults own or co-own a unique business. “Ugandans are opportunists by nature, and ” says Daniel Joloba,a programme manager at Enterprise Uganda, a public-private body that supports small and medium enterprises (SMEs). But the main reason for this high figure, and he says,is a dearth of other options: 400000 young people enter the job market annually, for a mere 9000 unique jobs each year. Continue reading...
Source: theguardian.com