Low demand, supply chain disruptions affect MSMEs 

Mr John Walugembe, executive director, Federation of Small and Medium-Sized Enterprises. Photo | File

What you need to know:

  • Signs of recovery have strengthened, underpinned by improved business and trading conditions as Covid-19 restrictions ease. Despite demand slightly picking up, Micro Small and Medium Enterprises (MSMEs) are still reeling from the negative effects of the pandemic.

Due to rapid disruptions, the business community is looking for innovative ways of doing things differently to remain relevant despite the devastating effects of the Covid-19 pandemic and its lockdowns. Signs of recovery have strengthened, underpinned by improved business and trading conditions as Covid-19 restrictions ease. Despite demand slightly picking up, Micro Small and Medium Enterprises (MSMEs) are still reeling from the negative effects of the pandemic. Prosper Magazine’s Racheal Nabisubi talked to Mr John Walugembe, executive director, Federation of Small and Medium-Sized Enterprises (FSME) on how the Micro Small and Medium-Sized Entreprises (MSMEs) are coping with the effects of the Covid-19 pandemic.

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