dfcu Bank has today been unveiled as the new sponsor of the 2017 Uganda Top 100 mid-sized companies survey. The announcement was made during a press conference at the Bank’s Headquarters in Nakasero, Kampala.
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.
Held under the theme, “Staying ahead of the competition in the evolving economic environment”, the 2017 Top 100 mid-sized Companies’ Survey is an initiative of KPMG and the Nation Media Group, represented by The Daily Monitor in Uganda. Launched in 2009, the project currently runs in four East African countries; Uganda, Kenya, Tanzania and Rwanda. dfcu Bank now joins Insurance Company of East Africa (U) Group that has been part of the project for four years now.
And addressing the press briefing, the dfcu Bank Executive Director and 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 thrive 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 skillset of the selected companies, eventually translating to improved business practices and increased profitability,” he added.
The Managing Director, Monitor Publications Limited Tony Glencross, hailed the Top 100 Survey as ‘…invaluable and highly relevant’.
“Uganda has been recognized as one of the most enterprising countries in the world, which presents us with the need for systems that will create informed and skilled entrepreneurs. On behalf of The Daily Monitor, I thank and applaud dfcu Bank for joining us as we work towards supporting and building the capacity of the SME sector,” Mr. Glencross said.
To take part in the survey a company needs to complete two questionnaires – a general questionnaire and a financial questionnaire. The questionnaires will be available at Monitor Publications Limited, KPMG offices and select dfcu Branches. Questionnaires will also be delivered upon calling 0392-080708.
Any company can participate (with the exception of banks, insurance companies, accounting /financial consulting firms) as long as it has a turnover range of Shs360m to Shs25 billion, has a three year audited financial track record and is not listed on any stock exchange.