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

21 Aug

5th Microfinance and SME fair 2017

The Association of Microfinance Institutions of Uganda (AMFIU) and Uganda Small Scale Industries Association (USSIA) held the first ever Expo bringing together the microfinance and SME sectors. The theme for the expo is Enhancing wealth creation‘Buy Uganda Build Uganda’, through access to financial services. The event brought together Uganda’s microfinance institutions and the small and medium business entrepreneurs who showcased their latest finance and business products. It ran from 10th to 13th August 2017 at UMA conference hall and UMA gardens Lugogo, Kampala. Read more

21 Aug

USSIA UPCOMING ACTIVITIES

Uganda Small Scale Industries Association (USSIA) as an Apex body aimed at supporting and enhancing growth and competitiveness of Micro and Small Scale Industries in Uganda. Uganda Small Scale Industries Association (USSIA) Read more

30 Jul

USSIA MSME Business Directory

Uganda Small Scale Industries Association is in the process of creating a directory of Micro,Small and Medium enterprises for easy access of your Company name, E-mail address,Phone contact,Location and Company products. Read more

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USSIA guest book




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