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Equity Bank Uganda set to launch 2025 Top 100 mid-sized companies survey

Matooke Republic by Matooke Republic
July 8, 2025
in Business
Reading Time: 2 mins read
Equity Bank Uganda MD Gift Shoko.

Equity Bank Uganda MD Gift Shoko.

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Equity Bank Uganda, in partnership with KPMG and Nation Media Group (NMG), will officially launch the 2025 Top 100 Mid-Sized Companies Survey tomorrow, Wednesday 9th July 2025, at Sheraton Hotel Kampala.

This year’s survey will run under the theme: “Driving Inclusive Business Growth – Empowering SMEs across All Sectors for Economic Transformation.”

As a leading advocate for Small and Medium Enterprises (SMEs) in Uganda, Equity Bank Uganda plays a pivotal role in this nationwide initiative, which recognises high-performing mid-sized companies that are contributing to the country’s economic transformation. Through a blend of financial and non-financial support programmes, the bank continues to offer innovative solutions that empower businesses to grow, compete, and succeed.

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The Top 100 Survey targets enterprises with annual turnovers ranging from UGX 360 million to UGX 25 billion. It provides a platform to celebrate business 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 key sectors including Finance, Tourism, and Technology, culminating in a prestigious awards dinner later in the year.

The launch event is expected to attract a wide range of participants, including private sector leaders, government officials, development partners, and members of the media.

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From L-R: Equity Bank Uganda Executive Director, Claver Serumaga, Equity Group Chairman, Prof. Isaac Macharia, Group Managing Director and CEO, Dr. James Mwangi and Equity Bank Uganda Managing Director, Gift Shoko, during the FY 2025 Investor Briefing event. Equity Group Holdings Plc posted a 55% growth in Profit After Tax to Kshs. 75.5 billion, up from Kshs. 48.8 billion in the same reporting period in 2024, marking a record performance driven by its successful strategic transformation. The Board proposed a dividend payout of Kshs. 21.7 billion, translating to Kshs. 5.75 per share, a 35.3% increase from Kshs. 16 billion (Kshs. 4.25 per share) in 2024. Regional banking subsidiaries registered a 53% growth in profit after tax to Kshs. 36.3 billion, driven by strong performance across key markets including DRC, Uganda, and Tanzania, alongside robust loan expansion of 17% in DRC, 22% in Rwanda, and 61% in Tanzania. Diversification efforts were reinforced by strong momentum in insurance, with gross written premiums rising 75% and profit before tax increasing 36%. The Group also delivered significant social impact, investing approximately Kshs. 99.5 billion in sustainability initiatives, underscoring its continued evolution into a diversified, technology-driven pan-African financial services group.

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