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PSFU to award best companies

The Private Sector Foundation Uganda (PSFU) will hold its annual private sector development awards for the seventh year running tomorrow.

Speaking at the launch of the awards last week, Gideon Badagawa, the executive director of PSFU, said since the awards were introduced, a lot of progress has been made, especially in corporate governance.

“There are still challenges with our systems and these awards encourage companies to embrace good governance practices,” he said.

The awards, which will take place at Royal suites, Bugolobi, will recognize individuals, entrepreneurs, business associations and cooperative and community groups that have contributed to the economic empowerment of its people.

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