By Mulengera Reporters
Reaffirming its commitment to empowering small and medium-sized enterprises (SMEs), Equity Bank Uganda has launched the 2025 edition of the Top 100 Mid-Sized Companies Survey at Sheraton Kampala Hotel.
Speaking during the launch, on July 9th, Claver Serumaga, the bank’s newly appointed Executive Director, described the Top 100 Survey not just as a platform for recognition but also as a space for self-assessment and growth for Uganda’s business community.
He emphasised the critical role SMEs play in the national economy, noting that they employ more than 3 million Ugandans and account for over 90% of the country’s private sector.
Serumaga also used the occasion to announce a new SME-focused engagement series dubbed “Tupange Business Ne Equity.” The initiative, which will unfold in the months ahead, will include a series of forums tailored to equip SMEs across different sectors with practical tools, shared experiences, and strategies to scale their operations.
According to the new ED, the forums will go beyond theory by offering actionable guidance and collaborative learning opportunities, all aimed at helping businesses enhance performance and long-term resilience.
The launch of the 2025 Top 100 Mid-Sized Companies Survey, organised in partnership with KPMG and Nation Media Group (NMG), marks the beginning of an extensive campaign to highlight, benchmark, and celebrate some of Uganda’s fastest-growing and most resilient businesses. This initiative will run under the theme “Driving Inclusive Business Growth: Empowering SMEs Across All Sectors for Economic Transformation.”
Over the coming three months, the campaign will span regional engagements focused on Finance, Tourism, and Technology, before concluding in an awards gala later in the year.
The Bank’s renewed push for SME capacity building aligns with its broader strategy of driving inclusive economic growth and supporting entrepreneurial resilience.
