SMEs tipped to embrace digital transformation to foster inclusive growth

According to experts, this can be achieved through embracing digital transformation to match the ever-changing business environment. Stakeholders pose for a photo recently in Kampala after the signing of a partnership between Innovation Village and Federation of Small and Meduim Enterprises (FSMEs) Simon Okitela Journalist @New Vision 16 views Owners of Small and Medium-sized Enterprises have been urged to double their efforts towards inclusive growth of the economy. According to experts, this can be achieved through embracing digital transformation to match the ever-changing business environment. Innovation Village in partnership with Federation of Small and Medium-sized Enterprises of Uganda (FSMEU) are looking to work together to unlock the potential of the digital economy for SMEs in Uganda. Speaking during a dialogue in Kampala, Saul Weikama the Digital Economy Practice Lead at Innovation Village, noted that the SME sector among others still faces significant challenges in accessing finance, markets, and technology. "By leveraging digital transformation, we can bridge these gaps and create an enabling environment for SMEs to thrive. We partnered with the Federation of Small and Medium-sized Enterprises of Uganda to contribute to bridging some of these gaps for enterprises,” Weikama stated. “Through our Digital Economy Program at The Village […]

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