Running a successful SME in Uganda,the role of SMEs in Uganda.
RUNNILNG A SUCCESSFUL SME IN UGANDA,THE ROLE OF SMES IN UGANDA. Small and Medium-sized enterprizes SMEs or Small and Medium sized businesses SMBs are businesses whose personnel and revenue numbers fall below certain limits.The abbreviation SMEs is used by international organisations such as the World Bank,the OECD,the European Union,the United Nations and the World Trade Organisation Wikipedia. In Uganda,Micro,Small and Medium Enterpises 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%.https:/www.mtic.go.ug>Ms SMEs are resiponsible for driving innovation and competition in many economic sectors.They drive the economy and make the revenue heavier.They are a source of ambition and new talent exploitati on(innovations) directing the future of Uganda. There are different types of Small and Medium-sized Enterprises (SMEs),each with their own distinct characteristics.The most ...
