The Big Story

UN and Makerere report says 100,000 formal sector and 4,400,000 informal sector jobs to be lost to Covid-19

by Muhereza Kyamutetera
A largely empty Kampala Street. Uganda is implementing a 6-week phased lockdown of businesses. Interviewed business owners/leaders want the lockdown to end and government to intervene in saving up to 4.4 million jobs
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62.3 percent of Ugandan business are considering or have already started cutting jobs as a result of Covid-19, a trend that could render up to 100,000 Ugandans jobless in the formal sector and up to 4.4 million in the informal sector.   This is according to an April 2020 national socio-economic study by the United Nations Capital Development Fund (UNCDF) in cooperation with Makerere Univer

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About the Author

Muhereza Kyamutetera is the Executive Editor of CEO East Africa Magazine. I am a travel enthusiast and the Experiences & Destinations Marketing Manager at EDXTravel. Extremely Ugandaholic. Ask me about #1000Reasons2ExploreUganda and how to Take Your Place In The African Sun.