Vehicle and Equipment Leasing Limited (VAELL), leasing market leader in the region, was ranked among the front-runners of Top 100 Mid-Sized companies in Tanzania. This survey conducted by KPMG and Mwananchi Communications Ltd in association with Tanzania National Bank of Commerce involved around 200 companies operating in Tanzania with TZS 1 billion to TZS 20 billion turnover. This survey recognizes the fastest growing Top 100 medium sized companies in Tanzania in terms of business excellence, annual turnover, and innovation in operations, leadership, service offerings, productivity, human capital, client relationships, and contribution to corporate social responsibility, commitment and success.
The VAELL Tanzania Country Manager, Joyce Mutahi, addressing the audience during the Top 100 mid-sized Companies Awards Gala Dinner this Friday at The Mlimani City Hall, said “we are happy that we have been recognized as the leaders in the leasing industry. We remain committed to ensures that our clients across East Africa and beyond derive as maximum value as possible as well as aiding them to concentrate in their key businesses with less interruption.” She continued to say, “We will continue coming up with more innovative ways to help our clients evade the unnecessary vast capital expenditure in buying the vehicles and equipment to optimize their commercial and operational processes.”
Mr. Ketan Shah, KPMG Tanzania Partner, said during the award that “this survey is carried with a team which is highly experienced in Business Research and our contribution in this undertaking is to encourage a fair playground in the market place.” VAELL, East Africa’s vehicle leasing leader, helps organizations manage their operational costs by passing on intermediate services of vehicle maintenance to VAELL. Vaell helps companies and organization focus on their core mandate; passing on other services such as insurance, tracking and maintenance to VAELL which is their area of expertise.