Equity Bank Kicks Off 2025 Top 100 Mid-Sized Companies Survey

The Ankole Times

Kampala, Uganda — Equity Bank Uganda, in partnership with KPMG and Nation Media Group (NMG), has officially launched the 2025 Top 100 Mid-Sized Companies Survey at a high-profile event held today at the Sheraton Hotel Kampala.

The initiative, which celebrates outstanding performance among Uganda’s mid-sized enterprises, aims to empower Small and Medium Enterprises (SMEs) across various sectors. This year’s survey will run under the theme:
“Driving Inclusive Business Growth – Empowering SMEs Across All Sectors for Economic Transformation.”




During his keynote address, Mr. Claver Serumaga, the new Executive Director of Equity Bank Uganda, emphasized the critical role SMEs play in the country’s economy:




“Small and medium-sized businesses are the backbone of Uganda’s economy because they employ over 3 million Ugandans and account for over 90% of the private sector,” said Mr. Serumaga.

“To every SME in and out of this room, the Top 100 Survey is not just a recognition platform — it is an opportunity to benchmark, reflect, and retool.”

He also announced the upcoming launch of a series of SME-focused forums under the theme “Tupange Business Ne Equity”, which will run throughout the campaign period:




“These forums will provide practical tools and shared learning to empower you to take your business to the next level.”

As a key player in SME development, Equity Bank Uganda continues to support the sector through both financial and non-financial services, aimed at enhancing competitiveness, growth, and sustainability.

The Top 100 Survey specifically targets businesses with annual turnovers ranging between UGX 360 million and UGX 25 billion. It recognizes excellence in areas such as revenue growth, profitability, liquidity, and return on investment.




Over the next three months, the campaign will feature regional forums focusing on Finance, Tourism, and Technology, and will culminate in a prestigious awards dinner later in the year.

Today’s launch attracted a wide range of stakeholders, including private sector leaders, government officials, development partners, and members of the media.

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