dfcu Bank last week unveiled as the new sponsor of the 2017 Uganda’s Top 100 mid-sized companies’ survey. The announcement was made during a press conference at the Bank’s Headquarters in Nakasero, Kampala.
Addressing the press briefing, the dfcu Bank Executive Director & Chief of Business, William Sekabembe revealed that the bank will sponsor selected participants to attend Business Clinics conducted by experienced and renowned authorities in the Private Sector; enabling them acquire knowledge and skills for best business practices and good corporate governance.
“dfcu Bank’s sponsorship of the Top 100 mid-sized companies’ survey 2017 is a show of our commitment towards supporting and growing the SME sector which is a key driver of Uganda’s economy. We believe that a collaborative effort to boost the competiveness of SME sector in general is the silver bullet to ensuring businesses thrives in what is a constantly evolving economic environment in Uganda and East Africa as a whole,” Sekabembe said.
“Constraints notwithstanding, the top 100 Survey will give hundreds of business operations the opportunity to learn from each other; engage policymakers on their contribution to the economy; benchmark themselves against other business operations and so much more. Our belief is that this initiative will go a long way in boosting the skill set of the selected companies, eventually translating to improved business practices and increased profitability,” he added.
The Top 100 Survey aims at identifying Uganda’s fastest growing medium-sized companies in order to show case business excellence and highlight some of the country’s most successful entrepreneurs.
To take part in the survey, a company needs to complete two questionnaires – a general questionnaire and a financial questionnaire. Any company can participate (with the exception of banks, insurance companies, accounting /financial consulting firms) as long as it meets the following criteria: – has a turnover range: Shs360m to Shs25 billion, has a three year audited financial track record and is not listed on any stock exchange. By ABCafrica reporter