Every generation dreams of success. Parents work hard to build a better life for their families. Entrepreneurs take risks to grow their firms. Leaders strive to improve the lives of their people. Yet when all is said and done,the true measure of success is not how much we achieve in a lifetime, but whether the success endures beyond it. No matter how strong, talented or visionary we are, one truth unites us all: we are mortal life has its seasons.Each of us has our moment to build, lead and nurture – and then hand over.

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OKUMU MIKE IBRAHIM | In Kampala today, a meal of posho and beans costs about Shs5,000. For many shop attendants, guards, clerks, or market loaders, that is also their daily wage. Imagine working from morning to evening only to afford one meal.

Under such conditions, it is no surprise that many Ugandans have lost the energy to work with commitment. Instead, they slow down, go through the motions, or quietly expect “something small” from the customer just to survive. This is not laziness. It is the reality of an economy where too many people chase too few jobs.

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_{By John Odyek}

Business and tax registration alone are not enough to secure the survival, growth, or sustainability of firms in Uganda, according to new research that has been released.

The study conducted by scholars from Makerere University, Copenhagen Business School, and the Uganda Small Scale Industries Association (USSIA) found that formalisation must be supported by targeted reforms, government incentives, and strong backing from business associations and civil society if it is to deliver green and inclusive growth.

Titled “Firm Formalisation and Sustainable Development,” the study launched on August 28, 2025, at Makerere University.

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Dissemination Workshop: Government and Regulators urged to formalize the informal sector