People are the most important asset in a business. Yet many entrepreneurs still think the biggest lever for growth is financial capital. They make their growth prospects contingent on obtaining a loan or tie their aspirations to the facilities, equipment and real estate they envision for the business. A company’s value is unconditionally created by
Benjamin Anim founded BOP Investment Limited (BOP) in 2008 and commenced operations in April 2009. The business started brightly as trade representatives for Nestle, Olam, and Stallion products. BOP has two sales outlets, one in Asamankese in the Eastern Region and the other one in Accra. It uses numerous distribution fleets to serve bulk buyers
Rwanteli Jean-Marie could not let go of the restaurant business when he left Burundi and returned to Rwanda in 2006. With 30 years of experience in that sector it was obvious for him to use them, so he channeled all his efforts into opening a bar and a restaurant in the centre of Kigali in a rented house in 2007.
Everything started off behind the walls of Elévanie Mukantabana’s house in Kigali City, where her company La Découverte Ltd was conceived. We are in 1994 and things got serious when she opened her first store in her town.
On 28 February 2008, Titus Miti embarked on a new adventure founding Universal Oil Marketing Company Limited. At this stage the main focus was lubricants, with the two flagship products provided by Caltex and Chevron. Four years later, the company became independent in 2012 after the cool-off period as agreed between Chevron and Engen with Titus as the lead entrepreneur.
Justin Silumbwe was willing to unlock the potential found in the hospitality industry when he founded Impanga Ya Mambwe Lodge Limited. It was time for him to put into practice his 12 years of experience acquired in growing his company Norwood Enterprises Limited. The project started to materialize with the construction of a restaurant, a bar, a car park, a gymnasium, guard houses and conference rooms.
A family business, developed in 2002 by Dr. Mawano Deo and his wife Beatrice, SAS Clinic is a private health care provider in Kampala. Currently located at Shoal House, SAS Clinic is devoted to satisfying the community’s health care needs through reasonable, accessible and excellent medical services.
In Uganda, there is only one bank branch for every 100,000 people. Chims Enterprises is an MTN Mobile Money franchise that aims to help reduce this gap. Formally registered in August 2009 by Norman and Fiona Mutekanga the company endeavors to provide a convenient, secure, and affordable way to send and receive money through mobile phones without a bank account.
The business of Café Deli was founded by trained pastry chef, Obado Obadoh, who learnt his craft through his experience in the hospitality industry, working for major Kenyan hotel chains. Obado approached GroFin in 2011 when an opportunity to buy-out an existing restaurant arose.
“When Ahmed came to us for the first time he came with a bag of candy. That’s so sweet! We didn’t realize that what we just chewed was his creation, from flavor to branding—all his!” says Khaled Faoud Investment Executive, GroFin Iraq.
Regardless of all operations, strategy and management factors, staff productivity can make or break a business. Recruitment & training are thus fundamental to any CEO’s efforts to ensure or improve worker output. Many firms struggle with the aforementioned areas and many others wonder what more can be done. Employee ownership is complement to recruitment and