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Podcast: Good Morning Africa
Episode: Uganda: Retail had a tough 2022, could the sector bounce back in 2023?
Description: The entry of new retail brands and expansion of the retail sector in Uganda is facing a number of challenges. While there is a positive outlook for consumer spending in Uganda over 2023, with real household spending growth accelerating to 6.2% y-o-y. There are factors like inflation and interest rates that will both be elevated over 2023 and eat into disposable income.Â