Features of Uganda’s private sector
- It is small but slowly growing sector.
- It is still a weak sector due to limited capital.
- It mainly undertakes enterprises producing consumer goods for the domestic market.
- Large scale business enterprises are mainly owned by foreign investors.
- The private sector is profit motivated.
- There is existence of low prod
- Business enterprises are mainly concentrated in urban centers due to availability of markets
- Limited involvement in long term risk ventures by individuals in the private sector.
- It is dominated by small scale import substituting industries.
CATEGORIES Economics
TAGS Dr. Bbosa Science