World Bank’s Doing Business Ranking 2020 puts Uganda in position 12 in Sub-Saharan Africa behind top performers Mauritius, Rwanda, Kenya, South Africa and Zambia respectively.
Uganda is ranked 116 globally way below its neighbors Rwanda and Kenya ranked 38 and 56 respectively. In East Africa Rwanda and Kenya are the best performers, followed by Uganda.
According to the latest study which measures the ease of doing business in countries, 115 economies implemented 294 business regulatory reforms across the 10 areas. “Reforms inspired by Doing Business have been implemented by economies in all regions,” it says.
Uganda has implemented the following reforms since Doing Business 2008, according to the World Bank Doing Business study 2020 that covers 190 economies, with New Zealand and Georgia being top performers.
The rankings were based on ten reforms carried out by each of the 190 countries such as’ Starting a Business, Dealing with Construction Permits, Getting Electricity, Registering Property, Getting Credit, Protecting Minority Investors, Paying Taxes, Trading across Borders, Enforcing Contracts and Resolving Insolvency. The reforms had Uganda come in positions 169, 113, 168, 135, 80, 88, 92, 121, 77 and 99 respectively.
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