THE FATBOY SHOW : Why supermarkets in Uganda face a really bleak future.
Once a thriving business, supermarkets are now struggling to stay afloat, with many closing their doors permanently.
What's behind this decline, and what are the implications for consumers and the economy?
One major reason for the closure of supermarkets in Uganda is the increasing competition from informal traders and markets.
Many consumers are opting for cheaper, more convenient options, such as street vendors and markets, which offer lower prices and a wider range of products.
Supermarkets, with their higher operating costs and prices, are finding it difficult to compete.
Another challenge facing supermarkets in Uganda is the high cost of doing business. Electricity, rent, and labor costs are high, making it difficult for supermarkets to maintain profitability.