This special issue of the Uganda Business Climate Index examines the effect of the risk presented by COVID-19 pandemic on Uganda’s businesses. The report indicates that that small and medium businesses have experienced the largest effects of the risk associated with COVID-19 compared to large scale businesses. In addition, agriculture enterprises have been worst hit due to challenges of accessing inputs arising from transport restrictions and the ban on weekly markets, as well as due to the lost demand and the shift from consumption of fresh agricultural produce to dry rations.
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This brief examines whether the adoption of the Common External Tariffs (CET) by the East African Community (EAC) helped
Uganda attain structural transformation of its exports—given this was one of the objective of establishing a SI list.
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Business climate marginally improved, but perceptions about the future remained downcast. Results indicate that the Business Climate Index improved by four percentage points to 104.9 during the current quarter (October-December 2019), from 100.8 points in the preceding quarter (July-September 2019). The slight improvement was on the backdrop of increased sales turnover, improved labour availability, increase business optimism, lower cost of labour and improvements in general business environment. The conditions for doing business remained upbeat with the onset of the Christmas season
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How has the COVID-19 pandemic impacted Ugandan businesses? Results from a business climate survey 