On the surface, Uganda’s real estate sector appears to be thriving. Cranes dot Kampala’s skyline, mortgage uptake is rising, and Government revenue from corporate and rental income taxes continues to grow. But beneath this apparent progress lies a quieter strain—one that tax experts warn could slow the sector’s momentum if left unaddressed. Patricia Kiggundu, a Tax Manager at PwC Uganda, likens the situation to the old parable of the goose that laid golden eggs. Real estate, she argues, is steadily contributing to the economy, but excessive or poorly structured taxation risks killing off its long-term potential. Recent figures show why…
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When Uganda’s capital city floods, it is often framed as a natural disaster. The skies open up in fury, the drains overflow, and Kampala drowns under its own chaos. But the truth, stark and uncomfortable, is that our floods are man-made. They are not the wrath of the heavens; they are the consequence of greed, negligence, and broken governance. And at the centre of it all stand institutions we once believed were different, Uganda’s banks. As political will falters and environmental enforcement collapses under the weight of corruption and patronage, banks have become crucial. They are the last institutions still…
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The Uganda Revenue Authority (URA) has expanded the scope of its Electronic Fiscal Receipting and Invoicing System (EFRIS) to cover twelve additional sectors, marking one of the most significant tax…
East African CEOs are charging into 2025 with a sharpened strategic lens—facing volatility with resilience, embracing transformation with intention, and leveraging technology with purpose. PwC’s 28th Annual Global CEO Survey – East Africa Perspective reveals a region where business leaders are not only optimistic about the future but are already well into a reinvention journey. “Reinvention as a strategic imperative remains the main theme of this year’s report, as East African CEOs remain focused on innovation and adapting to evolving market conditions,” says Peter Ngahu, Regional Senior Partner, Eastern Africa. This East Africa edition of PwC’s 28th Annual Global CEO…
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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…
usinesses must make cyber risk management an integral part of their business strategy so as to match the dynamic and ubiquitous new age cyber risks, Peter Kahiigi, Chief Technology Officer – Centenary Technology Services, has advised. He was speaking at a PwC Uganda-organised Non-Executive Director (NED) Forum to discuss managing cyber risk in commercial entities. ‘Today, it is easier to steal electronically than it is to break into a bank, as an example, owing to the convenience that comes with digital technologies. Cyber risk management is no longer a practice to be relegated to the back of the room,” Mr….
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Although she confesses she can sometimes be impatient, she has for the last 15 years and for that matter, in all her post-school life, worked for only one employer- PwC. She has risen through the ranks from an entry-level in 2007 to where she is now. Over the last 15 years, she has garnered a wealth of experience that among others includes, general tax compliance management, carrying out tax health checks and due diligence reviews, managing tax controversies and dispute resolution, transfer pricing and international tax advisory and general tax and regulatory support to businesses. A lawyer by training, Crystal,…
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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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A survey that was conducted by the Centre for Global Development during the period between February 2019 and November 2020 found that almost 60% of youth in Uganda are now involved in the gig economy due to job losses arising from the COVID-19 pandemic. The survey was based on interviews conducted among 13,732 households. The gig economy refers to a labour market characterised by short-term contracts or freelance work as opposed to permanent jobs. Today, more employers are scaling down their reliance on permanent employees and have turned to independent contractors to meet their human resourcing needs. While this may…
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