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The state of entrepreneurship in uganda

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Shakirah Ali
Shakirah Ali

Entrepreneurship in Uganda has evolved over time from a subsistence economy in the early 1900s to one with a growing number of entrepreneurs today. While entrepreneurial activity is high in Uganda compared to other countries, African businesses often remain small and informal. To further support entrepreneurship, Uganda needs improvements in its education system, infrastructure, legal framework, and adoption of technology and skills to increase productivity and the quality of entrepreneurial opportunities.

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THE STATE OF ENTREPRENEURSHIP IN UGANDA Prof. Waswa Balunywa, PhD
INTRODUCTION Entrepreneurship is a recent phenomena in Uganda Uganda was a substitance economy till 1903 Coffee was introduced to enable locals to pay tax From 1903 to 1950s, Africans were not encouraged to participate in business Y.K. Musaazi led the struggle to have African enter entrepreneurship in the 1950s
INDEPENDENCE EVE 1962 Government had started UDC in 1954 to spearhead industrial and commercial agricultural development A class of Indian entrepreneurs had developed African were engaged in agricultural production and largely in stalls in local markets World Bank report encouraged continual of the status quo
IMMEDIATE POST INDEPENDENCE (1960- 1970) Government role in business increased despite World bank recommendations to the country Private sector grew largely driven the Indian community African continues to produce agricultural products marketed by the Indian community 1967-more to left by the Milton Obote nationalism of foreign owned businesses
1970S, THE IDI AMIN ERA Expelled the Asian community Most foreigners left the country Business abandoned Some were nationalized, others given away to Africans A small group of African entrepreneurs rose to prominance A large group that was given the businesses rose but collapsed
1N 1986 TO DATE Liberalization of the economy Sell off of government enterprises Encouraging those that left in the 1970s to return Encouraging of private investor to come to Uganda
CURRENT STATE A large number of foreign entrepreneurs A large number of small entrepreneurs Africa business continue to be informal and in markets A small sector of African entrepreneurs continue to succeed
ENTREPRENEURIAL ACTIVITY IN UGANDA Ranked as one of the most entrepreneurial countries in the world Total entrepreneurial activity index 33.7% in 2009 That is 33% of Ugandans will start businesses Comparable international figures. U.S 7%, U.K 8%, Japan 5%, Ghana 41%
DETERMINANTS OF ENTREPRENEURSHIP Attitudes to risk Skills sets Level of poverty Financial system Infrastructure Government support
ENTREPRENEURIAL OPPORTUNITIES IN UGANDA Driven by demographic change, social change, economic change, regulatory change and technological change Unlike other countries, technology is not changing, therefore low quality of opportunities
CHALLENGES OF ENTREPRENEURSHIP IN UGANDA Low level of scientific development Low level of technological adoption Low levels of productivity Poor quality of entrepreneurial opportunities Unsupportive legal environment Poor infrastructure
THE WAY AHEAD Change in education system Emphasis on science Development of entrepreneurship and management skills Improvement in infrastructure Better legal framework

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The state of entrepreneurship in uganda

  • 1. THE STATE OF ENTREPRENEURSHIP IN UGANDA Prof. Waswa Balunywa, PhD
  • 2. INTRODUCTION Entrepreneurship is a recent phenomena in Uganda Uganda was a substitance economy till 1903 Coffee was introduced to enable locals to pay tax From 1903 to 1950s, Africans were not encouraged to participate in business Y.K. Musaazi led the struggle to have African enter entrepreneurship in the 1950s
  • 3. INDEPENDENCE EVE 1962 Government had started UDC in 1954 to spearhead industrial and commercial agricultural development A class of Indian entrepreneurs had developed African were engaged in agricultural production and largely in stalls in local markets World Bank report encouraged continual of the status quo
  • 4. IMMEDIATE POST INDEPENDENCE (1960- 1970) Government role in business increased despite World bank recommendations to the country Private sector grew largely driven the Indian community African continues to produce agricultural products marketed by the Indian community 1967-more to left by the Milton Obote nationalism of foreign owned businesses
  • 5. 1970S, THE IDI AMIN ERA Expelled the Asian community Most foreigners left the country Business abandoned Some were nationalized, others given away to Africans A small group of African entrepreneurs rose to prominance A large group that was given the businesses rose but collapsed
  • 6. 1N 1986 TO DATE Liberalization of the economy Sell off of government enterprises Encouraging those that left in the 1970s to return Encouraging of private investor to come to Uganda
  • 7. CURRENT STATE A large number of foreign entrepreneurs A large number of small entrepreneurs Africa business continue to be informal and in markets A small sector of African entrepreneurs continue to succeed
  • 8. ENTREPRENEURIAL ACTIVITY IN UGANDA Ranked as one of the most entrepreneurial countries in the world Total entrepreneurial activity index 33.7% in 2009 That is 33% of Ugandans will start businesses Comparable international figures. U.S 7%, U.K 8%, Japan 5%, Ghana 41%
  • 9. DETERMINANTS OF ENTREPRENEURSHIP Attitudes to risk Skills sets Level of poverty Financial system Infrastructure Government support
  • 10. ENTREPRENEURIAL OPPORTUNITIES IN UGANDA Driven by demographic change, social change, economic change, regulatory change and technological change Unlike other countries, technology is not changing, therefore low quality of opportunities
  • 11. CHALLENGES OF ENTREPRENEURSHIP IN UGANDA Low level of scientific development Low level of technological adoption Low levels of productivity Poor quality of entrepreneurial opportunities Unsupportive legal environment Poor infrastructure
  • 12. THE WAY AHEAD Change in education system Emphasis on science Development of entrepreneurship and management skills Improvement in infrastructure Better legal framework