This can be seen in the way in which businesses sometimes evade taxes and wilfully default on bank loans, contributions to the NSSF or even paying salaries of employees. It is not uncommon for the owners and managers of businesses to divert business revenues or loans contracted by the business for their own personal use.
To build a thriving market economy in Uganda, dominated by private sector firms, major changes in the ethos and culture of business will therefore be necessary. Unless businessmen and women conduct their business in an ethical manner, they will never build trust with their employees, their customers, their creditors and their suppliers.