A daily income business sounds nice, doesn’t it? Something that can help you earn a little money to accommodate your family’s day-to-day needs. It doesn’t matter the size of the business or the amount of capital required, as long as it generates a daily income.
Uganda is exploding with countless kinds of businesses each passing day, from large cooperatives to humble small capital businesses. Finding the right type of business that matches your energy and financial needs can be a challenging journey, especially for those who are not familiar with Uganda’s economic atmosphere.
Starting your own business can be quite a daunting experience,, filled with ups and downs. It’s your job as an entrepreneur to navigate, learn, and adapt to these different complexities. After all, life is a journey where learning never stops.
Adopting a student mindset will give you an unfair advantage over your competitors. Remember, no one is born a master; we all gain experience through mistakes and harsh life lessons. So, don’t be afraid to start your own business in Uganda.
In this article, we bring you the best 25 business ideas that can generate a daily income. It doesn’t matter where you are located or your business capital; we have something for everyone. From simple business ideas to cooperative ideas, this is going to be an amazing journey of exploration and learning. By the time you finish reading this article, you will have the right idea of the type of business that fits you. But first, a quote to empower you on this journey:
Seasons of life.
Life as we know it is so beautiful yet complex and painful at times. I’m sure there are moments in life when you’ve wondered or asked yourself this question, “What am I doing here on earth or what’s my purpose?
Through your lowest points in life when you don’t feel like getting out of your bed, when you feel like life is just a pointless endeavor of chasing your dreams, and at the end of it all, realizing how the adrenaline wears off so fast the moment we achieve everything we have ever desired. If that is you and you’re reading this article, I want you to know that you’re not alone.
Did you know that life is full of different seasons? We have seasons of joy and happiness, where we feel like everything is going our way. We also have seasons where life demands so much from us. This is where everyone is too busy chasing their dreams.
Finally, we have seasons where life demands absolutely nothing from us; you just have to sit there and enjoy the ride. You’re not in control; I call this the season of self-reflection. This is where the real learning and growth happen. This last season is the most important of them all as you will lose friends, but in turn, you will find yourself.
So why am I saying all this? I want you to know that having the strength to handle all the different seasons of your life is the most precious thing in the universe. It takes real strength and courage. Many have failed, many have committed suicide, and many have surrendered to drugs and alcohol. But I want you to know this:
You are special, you are strong, and you are protected by the divine power of the universe. And the fact that you’re here reading this article means that you are strong enough to handle all the seasons that may come your way. And I want you to remember this every day as you get out of bed: “This is a journey; others may walk it with you, but no one can walk it for you.”
25 Daily Income Business to Make You Rich in Uganda
1. Agent Banking and Mobile Money.
This is the first business on our list, and it’s for good reasons. Agent banking and mobile money can generate a stable source of daily income as long as your business is located in a strategic place. A strategic location can be a busy street with lots of foot traffic or located near other banking institutes.
This works as people do not want to go to banks full of lines, so instead, they will just come to your agent bank. With a starting capital of UGX 8,000,000 to 10,000,000, you can start your agent bank.
If you’re considering opening a mobile-only business, then you can start with as little as UGX 500,000. This business can make you a daily profit of up to UGX 50,000, depending on the location and capital of your business.
2. Phone Accessories Business.
This is my favorite business on this list, and it’s for good reasons. I want you to picture this: bustling streets adorned with colorful kiosks and vendors eagerly showcasing the latest smartphones, chargers, and earphones.
In a nation where connectivity is key, the demand for these accessories is insatiable, making the phone accessories business a cornerstone of daily income ventures, generating up to UGX 30,000 in profit daily. Looking forward to starting this business? Read our article on “How to Start a Phone Accessories Business in Uganda.”
3. Selling Snacks and Bakery.
Step into the world of snacks and bakery treats! Imagine the yummy smell of fresh bread and the delicious sight of golden samosas and tasty chapatis. In Uganda, where food is a big deal, snacks and bakery are super important, making this business a daily income venture.
Furthermore, this business requires a relatively small capital of UGX 500,000 to 1,000,000, depending on your business idea, and it can generate a daily profit of up to UGX 50,000 depending on the size of your business.
4. Small Clinic Shop.
Establishing a small clinic shop can be a good source of income. In Uganda, where health is measured, these small clinic shops play a big role, from busy neighborhoods to quiet corners. These shops offer convenience and care for those in need. However, opening up your clinic shop requires some basic permits and certificates.
The first qualification is for one to have a national certificate in nursing or any given area of human health. Hence, if you’re there and you studied nursing or have the required qualifications, this could be your type of business. It doesn’t require much capital, as medicine is very cheap when you have the right supplier.
A friend of mine started with only 5 million, and his business is prospering. The good thing about this business is that location does not matter much; people get sick everywhere and need basic medical services. You can save up to UGX 50,000 daily with this business venture.
5. Herbal Medicine Business.
Step into the world of herbal medicine, where nature’s remedies meet community care. Picture a colorful shop teeming with dried herbs, fragrant tea, and healing potions. This business is gaining popularity, and with the right skills and knowledge in mixing different herbs, this business could be your gateway to becoming rich.
The raw materials used for making herbs are very cheap, yet the finished products are very expensive. Hence, the business can be established with a relatively small capital and can generate a daily profit of up to UGX 50,000, all with the right marketing and business branding.
6. Small Hotels (Toninyila).
Welcome to the cozy world of small hotels locally known as “toninyila.” These hotels, found in small containers, normally kiosks, offer services similar to those of a restaurant. Toninyila are easy to establish, flexible, easy to operate, and require a relatively small capital of UGX 500,000 to 1,000,000, all depending on the size of your business.
It can generate a daily profit of up to UGX 50,000. So, if you have a passion for catering or love feeding hungry bellies, this could be your ideal type of business.
7. Car Washing Bay.
Revving engines, splashing water, and a chorus of brushes greet you as you enter the dynamic world of the car washing bay in Uganda. These bustling hubs are where vehicles undergo their transformation from dusty to dazzling, thanks to the hard work and dedication of skilled car washers.
With the right location and customer care, this business is a good option, making you a daily profit of up to UGX 50,000. I think that’s a good deal.
8. Photograph Studios.
Step into the world of photography studios, where moments are frozen in time and memories are immortalized in pixels. In Uganda, these studios are more than spaces with light and backdrops; they are gateways to cherished memories.
Starting your own studio is a good idea for a daily income business. A photography studio can generate a daily profit of up to UGX 30,000, depending on the size of the business, location, and customer base. So, if you have a passion for taking photos and capturing moments, this could be the right kind of business for you to start.
9. Selling Second-hand Clothes.
Welcome to the world of second-hand clothes, where fashion meets affordability in Uganda’s bustling market streets. In Uganda, second-hand clothes, lovingly known as “bend-down boutiques,” is more than just a trade; it’s a cultural phenomenon.
From busy corners to bustling marketplaces, entrepreneurs create a diverse selection of gently used apparel, offering fashion-forward individuals a budget-friendly way to express their lifestyles. So, if you’re out here and you have a passion for budget-friendly fashion, this is the right business for you, generating a daily profit of up to UGX 50,000, depending on the location.
10. Selling Second-hand Shoes.
Step into the world of selling second-hand shoes where every step tells a story and every pair has a new journey to embark upon. In Uganda, secondhand shoe vendors are the guardians of footwear dreams, offering a treasure trove of styles, sizes, and colors to suit every taste and budget.
This business can generate a daily profit of up to UGX 30,000 with a minimal starting capital of about UGX 500,000 to 1,000,000.
11. Salon and Cosmetics Business.
Welcome to the glamorous world of salons and cosmetics, where beauty is more than skin deep, and skincare is a celebration. In Uganda, this business is more than just a place to go and get a haircut or buy makeup; they’re sanctuaries of style and confidence.
This business is mainly aimed at women, and starting your own salon and cosmetic business can be a good source of daily income. With a starting capital of UGX 1,000,000 to 3,000,000, you can establish a resounding salon and make a daily income of up to UGX 50,000, depending on the location of your business.
12. Video Game Station (Game Zone).
A game zone is also a good business venture gaining popularity in Uganda with each passing day. These gaming hubs are more than just places to play; they’re vibrant spaces where friends gather, challenges are conquered, and memories are made.
From bustling arcades to cozy gaming lounges, people of all ages come together to immerse themselves in virtual worlds filled with action. Do you have a passion for video games? I mean, who doesn’t? This is the right business for you, as it can generate a daily income of up to UGX 100,000, depending on the size of your PlayStation. The location also matters a lot.
13. Local Cinema Hall (Ekibanda).
Welcome to the enchanting world of local cinema halls, also lovingly known as “ekibanda,” where silver screens light up with stories that captivate and inspire us all. In Uganda, these cinematic treasures are more than just places to watch movies; they are communal gathering spots where neighbors come together to share laughter, tears, and unforgettable memories.
If you have a passion for movies, and again, who doesn’t? This is the right business for you, as it generates a daily income of up to UGX 50,000, depending on the location and size of your cinema hall.
14. Buying and Selling Old Plastic and Metal scraps.
Yes, I think we all know about the metal scrap business. I remember when I was still young; we used to collect all kinds of scrap and later sell it just to buy brick video games and sweets. It wasn’t like we were poor; it was just a thing we did for fun. In today’s Uganda, plastics are also on the market. Funny thing how it’s hard to find a used bottle of water these days.
If you find a good and safe place to collect your plastic and metal scraps, then you can definitely make a good profit with this business.
I don’t remember, but the last time I checked, a kilogram of metal scrap was for UGX 1500. With a starting capital of UGX 500,000 to 1,000,000, you too can start this business, generating a daily profit of UGX 30,000 to 50,000, all depending on your capital input.
15. Boda Boda Business.
The old boda boda business is a good income provider for a big majority of Uganda’s population. Sometimes I wonder, What would life have been like without you boda boda guys? We love and respect you a lot.
With the rise of many drive-to-own companies like Tugende, mogo and many more, gaining a boda boda loan is now easier than ever.
On average, most boda boda riders in Uganda earn a daily income of UGX 20,000 and more, with those located in the areas of Kampala earning a daily sounding income of UGX 50,000 to 70,000. Ladies and gentlemen, I don’t know much, but I do know this is a good daily income business.
16. Phone Repair and Maintenance.
This is also a good daily income business option for those with the right skills and talents in any given area of phone repair. With a starting capital of UGX 500,000 to 1,000,000, you can start this business and earn a daily income of up to UGX 50,000.
Phone spare parts are relatively cheap to buy if you find the right supplier, like the Shafiq Phone Service Centre located in Kampala. Shafiq Phone Service Center offers all phone spare parts like screens, and batteries, all at affordable prices to meet your needs.
A Tip for You
When you’re starting your own phone repair business, please try to be neat and organized. Rent a real business
house and not a kiosk; clients will trust you more if you’re organized and display professionalism in whatever you do
17. Dairy Shop (Amaata).
Starting your own dairy shop is also a good daily income project. In Uganda, this type of business has been dominated by the Banyakole, as it is a cultural thing on their side. However, it doesn’t matter, as anyone, regardless of tribe or culture, can start this business. People consume milk daily, so your location doesn’t matter.
The last time I checked, a cup of milk cost UGX 1000, but the prices change for different communities. You can’t expect it to cost the same in Mbarara. With a starting capital of UGX 1000,000 to UGX 2000,000, anyone can start this business and earn a daily income of UGX 20,000 to 50,000, depending on your location.
18. Starting a Local Bar.
Starting a local bar is also a good source of daily income. Fun fact: Did you know that Uganda is one of the top countries with the highest rate of alcohol consumption in Africa? Guys, this isn’t good from a health and community perspective, but, and that’s a big but, it’s good from the perspective of business. Let’s admit it, Uganda is full of alcohol consumers, and I say this with respect.
People are always willing to spend their money just for an extra shot of dopamine. Starting this business can definitely grant you a daily income of UGX 20,000 to 50,000. So, if you’re out there and you’re a party animal and thrill-seeker, this is the perfect business for you.
19. Hawking Jewelry and Similar Products.
I’m sure this is a type of business we see in our daily lives. I’m sure you have seen these beautiful women and handsome men hawking jewelry like necklaces, earrings, hand-watches, and many more. Rumors have it that most of these hawkers are from the Democratic Republic of the Congo (DRC). However, I haven’t confirmed this, but I think some are Ugandans.
We managed to interview a woman with experience of 7 years in this business; she told us anyone can start with a capital of UGX 300,000 to 500,000 and make a daily profit of UGX 30,000 to 50,000. Funny question: Can anyone tell me why this business is dominated by only beautiful women who are tall and light-skinned? Is it a qualification or just a coincidence?
20. Selling Juice and Other Cold Beverages.
Selling juice and other beverages is a good source of daily income. Uganda can be hot, especially during the dry season. Making delicious juice with passion fruit juice (obutunda) is a good idea through which you can attract
customers to your premises. This business can generate a daily income of UGX 20,000 to 50,000, depending on your location.
conclusion.
In the vibrant tapestry of Uganda’s entrepreneurial spirit, these 20 business ideas serve as personalized invitations to the journey of a lifetime—your journey. Picture each idea not just as a mere business proposition but as a tailor-made key to unlocking the doors of your financial dreams. Whether it’s the hustle of a phone repair shop or the aromatic charm of a bakery, these opportunities are not just about daily income; they’re about creating a legacy.
Embrace the seasons of entrepreneurship, recognizing that each challenge is a stepping stone to your success story. As you navigate this exciting terrain, remember that no venture is too small to make a significant impact. Your journey is uniquely yours, and in every idea lies the potential to redefine your narrative.
So, reader, let this not be just an article but a call to action, an inspiration crafted exclusively for you. The entrepreneurial world is waiting for your imprint. Seize the opportunities, dream big, and let the adventure unfold in the most unexpected, exhilarating ways. Your story of success begins now—make it extraordinary!
