Knight Frank Uganda's Judy Rugasira, hands over the Shoprite Village Mall branch to a Shoprite Official in April 2017. Shoprite looks to leverage the increasing traffic at the Knight Frank run malls to grow sales and ultimately profitability.

We all remember that high school economics question regarding reasons why a firm may continue operating on losses especially in the short run. The answer that we all crammed without necessarily understanding the intricacies of it was that a firm may incur losses in the short run, on the conviction that they are on their way to attaining economies of scale where they can operate efficiently, outsize competition and therefore turn profitable in the medium to long term. Steven Nsubuga (L) the MTN Uganda Segment Manager Mobile Financial Services at MTN Uganda and Isaac Tegule, the MTN Brand & Communications…

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About the Author

Muhereza Kyamutetera is the Executive Editor of CEO East Africa Magazine. I am a travel enthusiast and the Experiences & Destinations Marketing Manager at EDXTravel. Extremely Ugandaholic. Ask me about #1000Reasons2ExploreUganda and how to Take Your Place In The African Sun.

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