Uganda fair, S.Sudan worst place to do business- World Bank


South Sudan has been ranked one of the worst countries to do business in the world.

The global ranking by the World Bank places South Sudan in position 187 out of 189 countries, representing a fall by one position from last year.

The ‘ease of doing business ranking’ is based on ten indicators including ability to register a company, get credit and pay taxes.

Economies are ranked on their ease of doing business, from 1–189.

A high ease of doing business ranking means the regulatory environment is more conducive to the starting and operation of a local firm.

The rankings are determined by sorting the aggregate distance to frontier scores on 10 topics, each consisting of several indicators, giving equal weight to each topic.

The rankings for all economies are benchmarked to June 2015.

Uganda is 122nd out of 189 countries when it comes to the ease in doing business in the country.

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Rwanda is the best in the region, scoring position number 62 in world rankings.

Kenya is second best place to do business regionally scoring position number 108 in world rankings.

Bottom on the index is Libya and Eritrea, while Singapore is top of the table followed by New Zealand and Denmark.

World Bank categories Uganda as a low income country.

It however says the country performed well in 2016 rankings after moving 13 positions from 135th in 2015 to 122nd in 2016.

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