By Our Reporter
There is certainly a rising number of successful women doing business in Uganda, all trading at different levels as they defy stereotypes to make it and contribute to Uganda’s economy. Much as most women are successful, many fail too or give up for various reasons.
According to research done by UWEAL, women own 45% of businesses in Uganda and are champions of change but the gap between success and failure widens with various challenges among which are; access and cost of credit as one of the biggest barriers, exposure of their businesses and access to markets among others.
Monitor Publications Limited’s (MPL) flagship brand Daily Monitor in partnership with dfcu bank’s Women in Business Program and Uganda Investment Authority-UIA are carrying out an initiative dubbed “Rising Woman” under the theme ‘Taking your business ahead’ to recognize, celebrate and promote a culture of mentorship among women in business in Uganda.
Over the years dfcu has supported women in business who have succeeded and now own inspirational stories of success. The partnership therefore entails celebrating the unsung heroes and inspiring other women at different stages of the same journey. A series of activities under this initiative are planned to take place from the launch date till September 2018.
Some of the activities and take-aways will include power talks countrywide, mentorship programs, business Expo, exposure trip and cash prizes among others.
The “Rising Woman” initiative will be crowned with a 2-day expo slated for September in Kampala where women will showcase some of their products.
