9 tourism businesses among Top 100 SME’s in Uganda

TOURISM BUSINESSES IN TOP 100 OF UGANDA’S LEADING SME’S

(Posted 11th November 2013)

The Top 100 Awards for Small and Medium sized Enterprises, held last weekend at the Kampala Serena Conference Centre, saw several hospitality and tourism businesses make it into the top ranks and receive their awards from Vice President Edward Sekandi and Finance Minister Maria Kiwanuka.

The Little Ritz Hotel came at a respectably 11th place – no tourism businesses made it into the top 10 – and the Mount Elgon Hotel & Spa ended up claiming 19th position. Great Lakes Safaris of immediate past UTA President Amos Wekesa came in 27th place, a major achievement for a safari operator to be listed in the top 100 SME businesses. The Sports View Hotel in Bweyogerere near the national stadium took position 44 while Cepha’s Inn ended in place 49. The Bunyonyi Overland Resort near the south western town of Kabale was listed in 61st position and Mbarara’s Lake View Resort came in 75th place followed close up by Asante Aviation in place 77. The Agip Motel, also based in Mbarara, took 86th place, ending the presence in the top 100 of tourism related enterprises.

A source close to the organizers, on request from this correspondent, said more tourism businesses should participate in the award scheme and list themselves, as many more names were visibly absent from the top 100 and yet were by general consent in the tourism industry deserving to be listed there too, but for lack of participation.

International audit and financial consultancy firm KPMG according to information received audited over 300 firms which had listed themselves and met the criteria of revenues between 360 million Uganda Shillings per annum to a ceiling of 25 billion Uganda Shillings. Participants had to submit at least the 3 past years of audited accounts to the vetting panel in order to be considered.

Well done to those companies from the hospitality and tourism industry which participated and did the sector proud.

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