Business

Slow Business Blamed On Low Internet Use

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While speaking at the launch of the International Entrepreneurship week at Imperial Royale Hotel on Thursday, senior business consultant Moses Mukisa warned of a sluggish development and poor performance of SME’s in the country, if they continuously refrain from taking up the contemporary cyber-based business experience especially with the regional integration at hand.


“It’s quite a concern to us that to-date, Ugandan businessmen have not fully appreciated and indeed invested in taking their businesses online as they risk losing out a great deal,” Mukisa pointed out.


Noting that modern consumers had grown lazier and required as much convenience as possible, Mukisa argued that “no one wants to manoeuvre through downtown Kampala traffic when they can sit in their couch and order for goods from a shop in Kikuubo!”

Experts have for the past years largely attributed widespread indifference in Ugandans’ internet usage to its exorbitant costs, with just a minute online going for Shs 25.

This is as a result of pricey bandwidth provided by a few Internet Service providers who claim that they are buying capacity via satellite which is expensive.

However, over the last months, big International Telcos such as Google have moved in to get these prices trimmed.

This week, the company announced a new initiative called Project Link that will see millions of Kampala residents get connected to super fast and high capacity fiber network.

According to Mukisa, it is high time local businessmen started thinking beyond their ordinary operations to take up trending dynamics like making their products fully accessible on the internet.

“Luckily, we have bodabodas all over the country and they would come in handy in delivery of these online ordered goods,” he noted.

Mukisa further revealed that government off-putting tendencies like corruption, is another factor hindering innovation business proliferation and investment.


“Business start ups are still stumpy and for as long as people have to pay their way through all the various offices to set up a small business, the rate of emergence and sustainability of businesses will remain low,” Mukisa explained.

He noted that corruption is not only entrenched in government but is part of the country’s social fabric, eating through almost every institution including churches and even banks, which he particularly decried for going out of the ordinary to steal from the very people that give them business.

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