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Ernst & Young 2018 profits fall by 16.9% as effects of 2017 Bank of Uganda suspension make full impact

Geoffrey Byamugisha, the EY country leader. He will need to do more to steer EY through the after-effects of the 2017 BoU suspension The 2017 Bank of Uganda suspension against Ernst & Young (EY) from auditing financial institutions may have ended, but its effects have lingered on, affecting the audit firm’s 2018 revenues and profits. EY was in 2017 suspended for one year, due to a pre-

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