The FINCA Uganda CFO on self-worth, balance, courage, and the quiet strength of purposeful leadership In this instalment of our Letters to My Younger Self series, Robinah Siima, Chief Financial Officer at FINCA Uganda, reflects on the lessons, pressures, and defining moments that shaped her into one of the country’s most grounded and values-centred financial leaders. With an MBA, FCCA, CPA(U), and FMVA, and a career spanning audit, financial management, regulatory oversight, reporting, and CFO leadership, Robinah embodies a rare blend of technical mastery and emotional intelligence. Her work today touches every corner of FINCA’s financial ecosystem. From treasury and…
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Sarah Chelangat, the outgoing Commissioner for Domestic Taxes at the Uganda Revenue Authority (URA), has rejoined Ernst & Young (EY) as Partner after nearly four years of public service. Her return to the global tax advisory powerhouse comes on the back of a successful tenure at URA, where she spearheaded reforms and delivered record-breaking revenue collections, positioning Uganda firmly on the path of fiscal self-reliance. During the Financial Year 2024/25, URA under her leadership collected UGX 21.3 trillion against a target of UGX 21.1 trillion—achieving 100.7 percent performance. This included a surplus of UGX 131.78 billion and a robust year-on-year…
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Corporate reputation is an aggregate of public perceptions about an organisation’s social, political, ethical and business behaviour and how people engage with that organisation based on these perceptions. Ultimately, this…
First of all, what is estate planning? Estate planning encompasses determining how your assets Will be preserved, managed, and distributed after your death or if you become incapacitated. Every family business needs to undertake succession and estate planning to ensure their businesses Will survive from one generation to the next. What Does Estate Planning Involve? In East Africa estate planning is most often done through making Wills and /or setting up a Trust(s). A Will is a written legal document detailing, amongst others, a testator’s wishes of what should happen after his/her death, listing the assets they own, and how they…
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To ensure business stability and continuity in the event of the death of the founder as well as preserve intergenerational wealth, business owners/founders have been urged to prioritise estate planning. Estate planning, according to Sim Katende, Corporate & Commercial lawyer and Partner at Katende, Ssempebwa & Co. Advocates, Solicitors & Legal Consultants (KATs), “encompasses determining how your assets will be preserved, managed, and distributed after your death or if you become incapacitated”. “Every family business needs to undertake succession and estate planning to ensure their businesses Will survive from one generation to the next,” Sim Katende told stakeholders at a…
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The Institute of Certified Public Accountants of Uganda (ICPAU) will hold the 27th Annual Seminar of accountants from 31 August to 2 September 2022 at the Imperial Resort Beach Hotel, Entebbe, and online. The theme for the Seminar is Resilience in a Dynamic Environment. The theme was selected based on the prevalent persistent disruptions and the need for accountants to remain steadfast in their service to their organisations and communities. “Accountants hold pivotal roles in organisations. Therefore, it is important for them to equip themselves for various scenarios through continuous learning so that they can adequately support organisations and the…
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Sindi Mabaso Koyana is the founder and Chairperson of the African Women Chartered Accountants Investments Holdings, a women-owned and led investment company. At AIH she drives investment sourcing, funding and investment management. Her illustrious career has includes being Managing Director of Viamax Logistics, a subsidiary of Transnet, Group Financial Director of Transnet, Executive Partner at Ernst & Young, amongst a number of key executive positions she has held. She has served as Non- Executive Director of Toyota SA, South African Airways, Armaments Corporation of South Africa, MTN Group, Spescom Ltd, South African Institute of Chartered Accountants, FIFA, Eskom, Altron Group, Adcorp…
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Seven of the global biggest audit firms, working in the United Kingdom, including the so-called Big Four – EY, KPMG, Deloitte and PwC yet again, failed to meet the audit…
Report of the Presidential Tripartite Committee PricewaterhouseCoopers LLP (PwC) and KPMG, two of the world’s largest “big 4” accounting firms were fined £4,550,000 and £6 million respectively for audit breaches…
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…
