By D E. Wasake, FCCA
Every year we write an analysis on the trends that will shape business in Uganda. 2017 is no different.
Summary
of 2017 trends
These
are expected to be:
- Power shift in global economy - a desire for fairness and
sustainability
- A reduction in Uganda government
expenditure –
Worrying information from World Bank and Moody’s
rating.
- Improvement in access to credit
for business.
Exciting trends from Mobile Money, FinTech and the FY 16/17 Budget.
- Improvement in ease of doing
business.
Improvement in our global ranking as well as reforms at the land registry and
other changes are driving this and
- A shift to online
shopping/activities. Online
platforms like olx, Jumia, Kaymu and
betpawa are dominating searches by Ugandans. You should pay attention to
this shift for retail activity.
What
is behind the above trends? Read the detailed analysis here.