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In the heart of Masaka, a small mustard seed was planted 20 years ago. Today, that seed has grown into a towering tree with strong branches, offering shelter, hope, and…
“Board members must shift their approaches; they must adopt digital tools to enhance governance.” These were remarks made by Francis Kamulegeya during a high profile convention was organized by the League of East African Directors (LEAD). Kamulegeya, a thought leader and adviser on corporate strategy, leadership, governance and policy, was the keynote speaker at the event. Richard Byarugaba the Managing Director at National Social Security Fund (NSSF) echoed Kamulegeya’s sentiments by stating that technology has become so important. “You need to have a board that appreciates technology,” Byarugaba told the audience during the convention that was held on Thursday at…
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You worked for PwC for 27 years, 17 of which you worked as a partner, the highest point in the business, but chose to take early retirement. Why early retirement? It is true as the Managing Partner of PwC Uganda, as well as a Board Member of PwC Africa, I was a very senior member of our PwC firm in Africa, and probably at the highest point of my career within the firm. But I have always known that I will have to leave the firm at some point. I started planning for this move in 2017 when I turned…
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After an impactful 27 years at PricewaterhouseCoopers Uganda, Francis Kamulegeya has announced that he is taking early retirement out of the accountancy firm come June 2022. He also announced that Uthman Mayanja has been appointed as the new Country Senior Partner of PwC Uganda with effect from 1 January 2022. “After 27 years of working with PwC. 17 of which as a Partner based in Uganda. I will be taking early retirement from the firm at the end of June 2022. It has been an honour and privilege to be of service to you, our clients, and friends, and…
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Prudential Assurance Uganda Limited and Price Waterhouse Coopers (PWC) have today launched the Prudential Best HR Practices Survey 2021, at an event held at Kampala Serena Hotel. The Survey seeks to highlight key opportunities as well as share best employment practices and recognise organisations that are championing best employment practices in the country. This initiative is being held in partnership with the Uganda Investment Authority, Human Capital International, Private Sector Foundation Uganda (PSFU), and the Federation of Uganda Employers (FUE). Speaking at the launch, Arjun Mallik the Regional CEO of Prudential Eastern and Central Africa, highlighted the importance of prioritising…
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EFRIS— the Electronic Fiscal Receipting and Invoicing Solution is a smart business solution introduced by the Uganda Revenue Authority (URA) to manage the issuance of fiscal documents for purposes of real time transmission and authentication of business transaction data; ascertaining accuracy of self-assessment; facilitate pre-filing of tax returns; timely processing of tax refunds and any other purpose necessary for efficient tax administration purposes. EFRIS was introduced in 2018 by Section 73 A (1) of the Tax Procedure Code Act. On 23rd June 2020, the Minister issued the Tax Procedures Code (e-invoicing and e-receipting) Regulations to give effect to the provision…
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Two of the auditing firms shortlisted by the Auditor General to examine Bank of Uganda operations in relation to the now controversial sale of Crane Bank to dfcu Bank among other…
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