Human Capital Investment and Growth of Companies in Uganda: A Case Study of Mukwano Group of Companies

ABSTRACT The study was set to establish the relationship between human capital investment and growth of companies in Uganda; a case study of Mukwano group of companies. The study was guided by three objectives, that included determining the (i) determining the level of human capital investment; (ii) level of growth of companies and (iii) the relationship between human capital investment and growth of companies in Uganda. The study comprised of a population of 200 respondents from which a sample size of 133 respondents were selected, and a descriptive research design was used, to collect data from 133 respondents using self-administered questionnaires as the main data collection instrument. The level of human capital invesfment among companies in Uganda is generally satisfactory and this was indicated by the overall mean of 2.85, implying that majority of company in Uganda highly invest in their employees. The level of growth of companies is generally high and this was indicated by the overall mean of 2.64, which implies that majority of companies such as Mukwano group of companies in Uganda are growing at a moderate speed/ rate. The researcher concluded that: majority of companies in Uganda highly invest in their employees, still the researcher concluded that majority of companies such as Mukwano group in Uganda are growing at a moderate speed! rate, effective human capital investment increases the level of growth of companies in Uganda, and unsatisfying human capital investment reduces it. Recommendations based on findings were that; the companies in Uganda should always sell in bulk to its customers, hence increasing their performance, the companies in Uganda should produce in large countries in order to serve a large number of customers in the whole country, should establish support centers which provide consult and on site professional assistance to the workers and customers, the researcher still recommends to the companies in Uganda to provide external education training programs after collecting enough information about workers’ quality and suitability.