MUKONO — The Vice Chancellor of Uganda Christian University (UCU) Rev. Canon John Senyonyi has blasted the public — telling them off to stop running after President Museveni and government for money.
Rev. Senyonyi said that one of the biggest problems that the country is facing is the “government atuyambe”attitude as they ask for salaries, health services.
“SMEs are actually an opportunity for someone to say okay instead of waiting for the government to enrich me, let me be some to generate revenue rather than just using up wealth,” he said
Rev Senyonyi made the remarks during the 3rd Small and Medium Enterprises (SMEs) International Conference at Colline Hotel, Mukono.
The Conference was organized by the Faulty of Business and Administration at Uganda Christian University Mukono under the theme: “Innovation, Entrepreneurship & Globalization from SME perspective”
The annual event hosted institutions like Kyambogo University, Ndejje University, and Busitema University.
Several tycoons and other young entrepreneurs shared their expertise on business in such a competitive world with social media at our disposal.
Guest speaker Mr Gideon Badagawa Executive Director of Private Sector Foundation Uganda asked people to engage in research in collaboration with the industry.
Mr Badagawa said: “The market requires innovations, which in turn require ideas that must be researched”.
He also urged them to build partnerships in order to succeed.
With research showing that in the past decade, forces of globalization and economic integration in many parts of the world have impacted the business and trade landscape in many significant ways, the CEO Great Lakes Safaris Mr Amos Wekesa advised the lecturers and younger entrepreneurs to stay competitive and relevant in their fields as each year institutions of higher learning are passing out graduates.
“Universities are passing out graduates every year, your jobs are at stake. You need to research, develop yourself and your skill so that you can still be relevant in your field.” He said
Sharing his life experience in business he said: “Your background in business doesn’t matter but rather it’s your vision, persistence and hard work.”
Mr Wekesa also said that for one to be successful in business you must be honest, have integrity and understand the value of internet.
“You need to understand the value of internet and the idea of cash flow in your business.” He advised
The conference also served as a forum to discuss and present current work on linkages and impacts of SME Innovation, Entrepreneurship and Globalization.
The Dean Faulty Businesse and Administration Dr Martin Lwanga gave a chance to MBA students to present their reasech papers like the Impact of Social Media Advertising on SME.
He said: “You can’t succeed in this world if you can’t publish. Therefore as UCU we promote research.”
He also revealed that the good papers or case studies will be selected for publication in Business and Economic Management Review Volume 2 as the first Volume was already out and the Vice Chancellor Rev Canon John Senyonyi launched it during the function.
The CEO Kampala International Hospital Dr Ian Clark emphasized the importance of thinking outside the box as it will enable you discover your inner potential.
Mr Godfrey Sempungu Associate Dean Faulty of Business and Administration urges people with SMEs to use social media and also consult on how to do it.
“SMEs should utilize the use social media to advertise since it covers a large demographic and is cheaper compared to traditional media.” He said