Nile Breweries has provided training for 100 local retailers in entrepreneurship, digital skills, and financial skills in order to stimulate business growth. The training program, called GRIT (Growing Retailers Innovatively Together), aims to enhance the retailers’ capabilities and help them expand their businesses.
The brewery plans to train over 14,000 retailers throughout the country, focusing on three main areas: growth, education, and inclusion. The program, launched in Kampala, includes instruction in financial and stock management, marketing and sales, and responsible retailing.
The retailers will also have access to ongoing coaching and mentoring to support their development. Nile Breweries believes that strengthening the retailers will ultimately benefit the communities they serve and contribute to overall business growth.
Small and Medium Enterprises (SMEs) are a significant driver of Uganda’s economy, accounting for 90% of the business sector and employing over 2.5 million people, contributing around 20% of the country’s GDP. The training program aims to equip retailers with essential skills such as managing finances, separating personal and business funds, record-keeping, and inventory management.
In a bid to stimulate business growth for its retailers, Nile Breweries has trained 100 local retailers in entrepreneurship, digital and financial skills.
The training code-named GRIT – Growing Retailers Innovatively Together – is aimed at upskilling the retailers to help them grow their businesses.
The program launched during the inaugural training of the 100 retailers in Kampala, will see the brewery train over 14,000 retailers across the country focusing on three key pillars growth, education and inclusion.
Speaking during the training, Adu Rando, the Managing Director, NBL noted that the 3-day training program is focused on growth, education and inclusion and has seen the retailers trained in financial and stock management skills, marketing and sales skills, and responsible retailing.
“Most of the retailers have not had formal training on business management, they learn on the go and this is the gap we are closing, we are empowering them with proper business, accounting, record keeping, cash flow skills for them to run their businesses effectively, said Adu.
“The retailers will have access to an ongoing coaching and mentoring programme to support their continuous development,” he noted “We believe that strengthening our retailers, in turn, strengthens the communities that they serve and ultimately works to grow businesses.”
According to the Uganda Bureau of Statistics, Small and Medium Enterprises remain Uganda’s engine of growth.
The sector accounts for 90% of the business sector in Uganda and employs over 2.5 million people contributing approximately 20% of the country’s Gross Domestic Product (GDP).
“I have learnt how to manage my money in a smart way – separate business from personal money- in order for my business to survive,” noted Nathan Wanzala one of the beneficiaries of the training “I have also learnt how to manage my business, how to keep business records and operational costs for my business and how to do daily stocks.
The training will see the brewery train 14,000 retailers across the country focusing on three key pillars growth, education and inclusion.
In a bid to stimulate business growth for its retailers, Nile Breweries has trained 100 local retailers in entrepreneurship, digital and financial skills.
NBL Equips SME Retailers with Entrepreneurship Skills
The training code-named GRIT – Growing Retailers Innovatively Together – is aimed at upskilling the retailers to help them grow their businesses.
The program launched during the inaugural training of the 100 retailers in Kampala, will see the brewery train over 14,000 retailers across the country focusing on three key pillars growth, education and inclusion.
Speaking during the training, Adu Rando, the Managing Director, NBL noted that the 3-day training program is focused on growth, education and inclusion and has seen the retailers trained in financial and stock management skills, marketing and sales skills, and responsible retailing.
“Most of the retailers have not had formal training on business management, they learn on the go and this is the gap we are closing, we are empowering them with proper business, accounting, record keeping, cash flow skills for them to run their businesses effectively, said Adu.
“The retailers will have access to an ongoing coaching and mentoring programme to support their continuous development,” he noted “We believe that strengthening our retailers, in turn, strengthens the communities that they serve and ultimately works to grow businesses.”
According to the Uganda Bureau of Statistics, Small and Medium Enterprises remain Uganda’s engine of growth.
The sector accounts for 90% of the business sector in Uganda and employs over 2.5 million people contributing approximately 20% of the country’s Gross Domestic Product (GDP).
“I have learnt how to manage my money in a smart way – separate business from personal money- in order for my business to survive,” noted Nathan Wanzala one of the beneficiaries of the training “I have also learnt how to manage my business, how to keep business records and operational costs for my business and how to do daily stocks.
The training will see the brewery train 14,000 retailers across the country focusing on three key pillars growth, education and inclusion.
