Featured Archives – Page 18 of 45

EMBRACING TECHNOLOGY: URA to rollout digital tax stamps to improve compliance

” The new tax solution is part of URA’s scheme to combat illicit trade, seal revenue leakages and boost collection and increased efficiency in managing taxpayer compliance. The solution is expected to

September 13, 2019

Politics & Goverment

One step front, two steps behind: Can Africell survive an onslaught from MTN and Airtel, amidst declining sales, heavy losses and deep indebtedness?

With UGX1.5 tn in accumulated losses, UGX258.3bn in debts amidst declining sales, how long can Africell hold its ground?

Over the last month, the market was awash with talk that Eaton Towers and ATC Uganda, the two biggest operators of cell towers in Uganda, had switched off telecom operator, Africell Uganda

September 13, 2019

The Big Story

Why Absa tapped Nazim Mahmood, to complete its separation with Barclays in Uganda

When it comes to migration, integration and rebranding, Barclays Bank has had a nasty experience in Uganda before. The 2009/10 integration of newly acquired Nile Bank into Barclays was such a pandemonium

September 11, 2019

Banking & Financial Services·C-Suite Leadership·The Big Story

Ugandan law firm KTA Advocates, beats Africa’s top names to continental Intellectual Property Award

Ugandan law firm, KTA Advocates has won one of the main awards at the prestigious African Legal Awards 2019 hosted in Johannesburg on 6 September, 2019. The firm was awarded the coveted

September 11, 2019

C-Suite Leadership·Law Firms (A - Z)·Top Law Firms

Barclays Uganda to complete changeover to Absa by mid-2020

“The rebrand is in line with Barclays Bank of Uganda Limited’s parent company, Absa Group’s 2018 decision to rebrand all operations across the continent to Absa in a carefully managed programme that

September 11, 2019

Banking & Financial Services

Customers bank deposits in Uganda now protected up to Ugx 10m – Government

The government has increased bank deposit insurance limit from the current Shs. 3million to Shs.10million. This is the amount of money that is put aside to cater for misfortunes like the closure

September 11, 2019

Banking & Financial Services·Politics & Goverment

Uganda needs more pensions reforms to ensure more Ugandans save more and longer for a more meaningful retirement

In March 2018, Mr. Martin Nsubuga the Director of Supervision and Compliance at the Uganda Retirement Benefits Regulatory Authority (URBRA) was appointed to serve as the Ag. Chief Executive Officer and subsequently

September 10, 2019

C-Suite Leadership·CEO Perspectives

Although George Inholo grew Uganda Clays turnover by 36.2% from UGX22.1 billion in 2014 to UGX30.1 billion in 2018 and in the process returning the company to profitability and earning dividend-starved shareholders 3-years of straight dividends, his failure to steady profit growth even when significant concessions had been made on the company’s debt, was his ouster. Not even the perennial excuse of high costs of operation could save him.

Can George Inholo solve the Kamonkoli gridlock and permanently keep Uganda Clays on a growth path?

When George Inholo arrived at Uganda Clays Limited (UCL) at the fold of 2014 – August to be exact, it was literally a company with a feet of clay. A new $15m

September 9, 2019

C-Suite Leadership·Company News·The Big Story

It is now weeks since a scandal was reported that BoU officials were involved in a scandal to print UGX90 billion unathorised currency. Government dismissed the leak, but several question remain to date

TOO MANY COINCIDENCES: Why we still believe BoU officials printed illegitimate currency but the matter was hushed by the state in national interest

There is a proverb from western Uganda that goes “Obu entaama yaangye ebuzire, nibwo embwa yaawe eneire ebyoya?” translated to mean “how could it be that the very time my sheep got

September 7, 2019

The Big Story

Business success is central to sustainable peace – Museveni

By PPU Reporter CAPE TOWN. The success of businesses in Africa is important because it has a direct role in ending polarisation and causing sustainable peace, President Museveni has said. The President,

September 6, 2019

The Big Story

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