Rajiv urges businesses to embrace stock exchange ventures

[L-R] Maggie Kigozi, Owomugisha Blessing, Rajiv, Wekesa and other members pose for a memorable picture shortly after the meeting.

Rajiv urges businesses to embrace stock exchange ventures.

By Kitts D.Mabonga

KAMPALA

The business community fraternity in the country has been urged to interest themselves with enlisting with the stock exchange platform for the steady growth of their enterprises.

The call was yesterday made by the managing director Ruparelia group Mr. Rajiv Ruparelia while addressing members of the business community that where invited by the Rotaract club of Kampala south that was held at hotel Africana.

The theme of the evening exclusive meeting was “They started buildings that’s don’t fall”.

The president Rotaract club of Kampala South Owomugisha Blessing said was aimed at tipping young upcoming entrepreneurs with advice given by senior people who have been in business for a very long time among them Prof. Maggie Kigozi owners of Crown Beverages Ltd manufacturers of Pepsi soda products and Amos Wekesa owner of Great lakes safaris Ltd.

 

Rajiv making his presentation as Maggie Kigozi looks on.

He observed with deep concern that no local businesses have interested themselves with enlisting with the various stock exchanges markets like the Nairobi stock exchange among others yet there are several benefits attached to them.

He urged the business players to seek refresher entrepreneurial skills training opportunities with a view that they master the new trends taking stock on their enterprises because technology is shifting and dictating the way operations can be run.

Rajiv at only 28 years is managing a business franchise of over 30 different companies dealing in varying services.

Prof. Kigozi in her remarks said they have managed to sustain the manufacturing of several soda brands like Pepsi,Morning dew and Mirinda fruity which is their star brand currently commanding the soft drinks sector in the country.

She urged the public to support them by enjoying their juicy brands as strategy to support the government’s  buy Uganda build Uganda (BUBU) policy  because Crown is a purely indigenous  company owned by Uganda.

 

Wekesa receives a certificate from a member  of the organizing committee.

Amos Wekesa owner of the famous Great lakes Safaris Ltd  said they started small and kept growing with a number of challenges along the way but they stood focused until they have now reached a point of admiration by many.

Wekesa shocked the participants when he revealed that he never goes to the bank for loans but just uses the little they have at hand to progress.

“I don’t borrow from the banks because my business of tourism dictates that am paid one year ahead before service delivery that is why he can strategically redeploy these client funds into further developments.

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