By Prossy Nandudu
Government has been asked to eliminate barriers that are hindering the growth of women lead businesses so as to achieve the vision 2040.
The call was made by the Norton Kingwill, the managing director of Century bottling company while launching a training programme for women in business at their offices at Namanve.
“80% of businesses have been set up by women entrepreneurs but most of these are not sustainable due to many barriers the women face,” said Kingwill.
According to Kingwill some of the barriers women face include lack of capital, inadequate business skills, lack of equipment among others.
“Removing such barriers through training and provision of start up kits is what we have decided to do as a company especially for our women distributors and vendors of different products that we made,” added Kingwill.
He added that women if well supported have the capacity of sustain their businesses because most of them reinvest the capital back into business unlike the male counterparts.
According to Kingwill the programme is in line with government’s economic growth programme of vision 2040.
“In our business, we have committed ourselves to developing women entrepreneurs that will grow the businesses and later invest the money into their families, education which will enhance the economy,” Kingwill noted.
Out of the targeted number of 100 women to be trained, across the country, 42 women from the central districts have been trained and given start up kits which include coolers, ice boxes, fridges and start up stock of two creates of the leading brands which include Cocacola, Fanta and Sprite.
The Managing director Technoserve Erastus Kibugu who offered the training said that they will help business women in Uganda become competitive both locally and within the region.
“We see women as key in driving the Uganda’s economic development so there is need to create a formula on how to work with women so as to achieve the targeted goal,” said Kibugu.