The business Tycoon James Mulwana has asked government to work with commercial banks to help the small and medium enterprises (SME) to grow their businesses.

Businessman James Mulwana

Mulwana made the remarks during a break fast meeting organized by standard chartered bank for the small and medium enterprises held at Serena hotel in Kampala.

He said that if the small and medium enterprises are financially assisted to grow their businesses, it will contribute to the growth of the national economy.

The Head of consumer banking with standard chartered Bank Herman kasekende said that the small and medium enterprises businesses in Uganda contribute 80% to the national economy.

Kasekende said that standard chartered bank through the small and medium enterprises banking offering services will meet the financial needs of the people with small businesses to expand their business.

Ultimate Media