Doing business amidst the economic crisis in Uganda #CommunityVoicesUG

The panelists are discussing the challenges faced by businesses, specifically in the real estate, hospitality, and fashion industries, amidst the economic crisis in Uganda.

Mr. Enoch emphasises the impact of the COVID-19 pandemic on businesses and the need for businesses to adapt to the changing landscape. He discusses the importance of online presence and advertising for businesses to survive during these challenging times. Ms. Rita talks about how the fashion industry had to shift from physical shops to online platforms and highlights the importance of embracing social media as a marketing tool. She also mentions the need for continuous training and building a strong online brand presence.

The panelists also discuss various challenges, including high taxes, property tax, and land-related issues such as land grabbing. They suggest long-term strategies such as building character and integrity in business, engaging with other entrepreneurs, and leveraging social media and online platforms to promote their businesses. They emphasize the importance of adapting to changes, investing in land, continuous learning, and establishing a strong online presence.

The panelists recognise the challenges posed by the economic crisis in Uganda but also highlight the opportunities for businesses to thrive by embracing digital solutions, building strong brands, and adopting long-term strategies to overcome these challenges. The conversation concludes with the panelists sharing insights and recommendations for businesses to succeed amidst the crisis.

Onen Douglas Drake - Host
Twinomugisha Enoch - MC & Owner - Amka International Real Estate
Babirye Namutebi Imleda - CEO/Founder - Darraine Stithces
Amuge Ritah Nowel - Marketing and Reservation - City Royal Resort Hotel

#CommunityVoicesUG #CivicSpaceTV

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