Industry / Kenya
Uganda More Dynamic Than Tanzania In Food And Drink?
July 2011 | Industry Trend AnalysisA good argument could be made that Uganda's consumer sector has emerged as arguably the East African Community (EAC) region's second most dynamic behind Kenya over the past few years. Fundamentally, its economy has been the fastest growing of the EAC's big three economies (also including Tanzania) over the past decade, with real GDP growing at an annual rate close to 8% (2001-2009). There has been a substantial knock on effect on consumer spending, with Uganda attracting growing interest from Kenyan and South African companies in particular.
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