By Drake Nyamugabwa
BMK Group has been named among outstanding investors during 2016/17. The Investor of the Year Awards (INOY) recognized investments implemented or expanded from June 2013 to June 2016. The award giving ceremony took place at Kampala Hotel Africana last week.
During the award dinner, Award winner BMK Group of Companies’ Proprietor, Dr. Bulaimu Kibirige says that he believes in expansion of the business spheres. He added that; he started the hotel industry in Uganda in 1997, set up BMK Tanzania and opened MBK Kenya before establishing BMK Zambia two years later. Rwanda became the latest African country to benefit from BMK business franchise when he set up BMK Rwanda.
Dr Kibirige says that his success is hinged on his good human resource; which he adds that he treats them well while at work; including having a saving scheme for all the staff, on top of National Social Security contributions.
During the Award dinner, Prime Minister Ruhakana Rugunda was the Chief Guest. Premier Rugunda applauded the investors for being exceptional in creating new projects, paying taxes, providing jobs and successfully implementing what they had planned as agreed upon with UIA.
“This awarding ceremony is very important because it gives us a chance to interact with you. We have put in place the infrastructure to help you do your work better because you are the biggest contributors to this economy,” he said. Rugunda asked investors to take part in the competition next year, as a way of evaluating themselves against the competitors.
The UIA Executive Director Jolly Kaguhagire said the awards were intended to appreciate, recognize and interact with the investors so that the Authority can understand their challenges and how they can be helped.“This is our final function for the investment week where we put aside some time to meet our investors to discuss how we can improve the investment sectors” she said.
Other award winners included Graphic systems, Harris International Limited, Rico industries limited, The Uganda High Commission to Kenya, Maggie Kigozi and Laborise among others.
The Investor of the Year (INOY) Awards gala is an annual event organized by the Uganda Investment Authority, to recognize investors that have successfully implemented and commissioned licensed operational business projects; within a given time of period.
BMK is a company that deals in Motor Vehicles, Heavy earth moving and lifting machinery, Hotels, Schools, Hospitals, Real estate development and Commercial forestry among others.