Thought Leadership

OPINION: Supplier ignorance and influence peddling in procurement and why Uganda needs a statutory regulatory body for procurement professionals

Macdonald Rukundo KyamuteteraThought LeadershipApril 12, 2023April 12, 2023

Many times the word ignorance is applied, it is taken as an abuse or insult. In law, an ignorant person lacks knowledge of a given subject matter. Generally, ignorance is…

OPINION: The Tax Procedures Code (Amendment) Bill 2023⏤ proposed amendments on information sharing with tax authorities are stifling to taxpayers

Onesmus MwesigwaThe Big StoryThought LeadershipApril 11, 2023April 11, 2023

The Tax Procedures Code (Amendment Bill) 2023 which was published in the Gazette of 30th March 2023 has many novel amendments but this commentary focuses on the proposed amendment to Section 42 of…

The Tax Procedures Code (Amendment) Bill 2023⏤ Parliament should decisively fix persistent penalties and interest waiver complications and injustices  

Jaquiline AturindaThe Big StoryThought LeadershipApril 11, 2023April 11, 2023

The Tax Procedures Code (Amendment) Bill 2023 has a number of provisions that attempt to correct the complications and injustices related to the waiver of penalties and interest that has…

5G technology is here to transform business productivity and socio-economic transformation and Airtel Uganda is 5G-ready

Agarwal RajeshNews & AnalysisThought LeadershipApril 8, 2023April 8, 2023

Farmers, teachers, and businesses have today incorporated digital support in their operations which translates to timely and fast access to services for those who subscribe to them. Today, a farmer…

TAX OPINION: The proposed tax on the sale of property in The Income Tax Bill 2023 is too extreme 

Birungyi Cephas KagyendaBusiness & MarketsThe Big StoryThought LeadershipApril 3, 2023April 3, 2023

The Income Tax Bill published on 30th March 2023 is spectacular in that it attempts to make dramatic reforms in tax. Apart from doing away with the incentive for investors…

OPINION: How Roofings Group’s eco-friendly steel products manufacturing is good for Uganda’s sustainable future

Edwin AbaasaCompany NewsNews & AnalysisThought LeadershipApril 3, 2023April 3, 2023

As the world becomes more aware of the need to protect our environment, it’s important for companies to take responsibility and make eco-friendly choices. That’s why Roofings group, the leading…

HOW WE DID IT: Stanbic Bank’s Chief Executive, Anne Juuko explains the facts and impact underlying 2022 financial performance  

Anne JuukoBusiness & MarketsCompany NewsThought LeadershipMarch 29, 2023March 29, 2023

I am pleased with the bank’s robust performance in 2022, a year in which we registered notable progress in enabling the aspirations of our various stakeholders, including customers, shareholders, staff,…

OPINION: As AfCFTA Rules Of Origin edge closer to finalisation; prudent implementation could unlock the trade pact’s full potential

Mable KisakaLegal & JusticeThe Big StoryThought LeadershipWomen In LeadershipMarch 27, 2023March 27, 2023

It has been reported that the Rules of Origin (the “RO”), set forth in Annex 2 of the African Continental Free Trade Area Agreement (the “AfCFTA” and “Treaty,” respectively) and…

LEGAL OPINION: Without a substantive Bank of Uganda Governor, both the Bank of Uganda Board and Deputy Governor are functioning illegally 

Fred MuwemaPolitics & GovermentThe Big StoryThought LeadershipMarch 22, 2023March 22, 2023

Bank of Uganda has previously claimed that the death last year of the former Governor, Prof. Mutebile, did not affect the validity or legal status of the bank notes he…

Demystifying Offshore Banking⏤ what it is, the benefits and what you need to look out for 

Julius MasabaBanking & Financial ServicesNews & AnalysisThought LeadershipMarch 17, 2023March 17, 2023

The other Friday (3rd March 2023), I had a meeting with some two gentlemen from a UAE and Indian-based wealth management firm. This was at the Nsambya-based Mestil Hotel.  Apparently,…