Denis Yekoyasi Kakembo, Author at CEO East Africa

OPINION: Expensive internet in Uganda and why the government needs to tame its excessive appetite

Denis Yekoyasi KakemboBusiness & Markets Thought LeadershipJanuary 16, 2023January 16, 2023

Uganda has one of the highest costs of the internet in the region largely attributed to high taxation. As we set out in this publication, it is time for the government to re-examine its policy stance on the taxation of internet connectivity services in Uganda to make it more affordable. Imported internet Prior to selling internet connectivity services to customers in Uganda, the Internet Service Providers (“ISPs”) import the same either via satellites or fibre optics. As we expound further in this article, at this point of importation of this internet by the ISPs, there is imposed a tax known…

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Safeguarding future growth of your business: Why tax must be made part of the Corporate Governance agenda

Denis Yekoyasi KakemboThe Big StoryJanuary 12, 2021January 12, 2021

Though tax is a key operational business risk, few organisations adequately attend to it merely treating it as a routine financial accounting and reporting matter. Businesses lacking elaborate policies in place to guide tax governance are more likely to deal with the arising issues reactively on an adhoc basis yet a proactive stance with Board of Directors (“Board”) oversight is more beneficial to the organisation as this article sets out. Corporate Governance Corporate governance focusses on helping the Board to direct and control the organisation so that its goals are achieved for the benefit of all the stakeholders. The stakeholders…

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