PSFU Announces the Return of Women’s ‘Katale’

The Private Sector Foundation Uganda (PSFU) has announced the second edition of PSFU’s women ‘Katale’ is slated for Friday and Saturday 10-11th March, 2023 at UMA Multi-Purpose Hall, Lugogo. 

PSFU has partnered with the MasterCard Foundation and Young Africa Works Initiative (YAW) to impact women and girl entrepreneurs.

The launch took place on Monday at, PSFU head offices, Nakasero Kampala. Last year, the Katale was in Luwero district.

Over 100 women entrepreneurs are expected to showcase their businesses as part of Women’s Day celebrations with the aim of extending women’s stake in the business space.

The Katale recognizes the contribution and potential of women and girls as entrepreneurs. During the Katale, women and girl entrepreneurs exhibit their different products and services for free, network, get marketing skills and get to sell their products during the exhibition.

Speaking during the launch, PSFU Executive Director, Stephen Asiimwe, the organization believes that women have an important role to play in Uganda’s economic development and they want to support them in every way possible.

PSFU Announces the Return of Women's ‘Katale’
PSFU Executive Director, Stephen Asiimwe speaking at the launch of Women’s ‘Katale’

According to Asiimwe, 49% of women are admitted to the Universities and tertiary institutions across the country every year. However, only 14% have access to commercial loans. 80% of these women, Asiimwe says, are in the informal sector.

He noted that only 40% women compete favorably in the entrepreneurship space yet they contribute 50% to the country’s GDP.

“When it comes to access to benefits, it’s a challenge,” he said, emphasizing the need to empower women entrepreneurs.

Damalie Ssali, PSFU’s head of programs and projects, says by the end of the katale, the women and girl entrepreneurs should be able to have contacts, markets and able to speak/market their products.

This because the event will also feature networking between entrepreneur, market access, social and business development skills, a one-stop centre facilitated by URA, URSBS,UNBS and Finance Trust Bank, a beauty clinic, creative business and tech clinics.

Private Sector Foundation Uganda (PSFU) is Uganda’s apex body for the private sector. It is made up of over 200 business associations, corporate bodies and the major public sector agencies that support private sector growth.

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