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Smaller companies urged to use affordable accountants

Kampala, Uganda | THE INDEPENDENT | The Institute of Certified Public Accountants of Uganda (ICPAU) has advised smaller companies that cannot afford to hire expensive audit firms to prepare their accounts to make use of the cheaper auditors that the institute has certified. Stephen Ineget, the chairman of the Financial Reporting …

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GoldStar eyes sector opportunities

Azim Tharani, is the Managing Director for GoldStar Insurance Company Limited. He spoke to The Independent’s Julius Businge about industry opportunities Give a brief description of GoldStar Insurance services in Uganda? We were incorporated in 1994 but started business in 1996 when the industry was in its infancy stage by …

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Dutch say the tax party’s over for multinationals

The Hague, Netherlands | AFP | Long criticized at home and abroad for being a haven for giant corporations, the Netherlands announced fresh measures Tuesday to crack down on tax breaks for multinationals. Business-minded Dutch Prime Minister Mark Rutte, leading a fragile coalition, is backing a proposal originally tabled by …

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Fight over Minimum Wage Bill

The arguments for are as varied as those against the minimum wage  Kampala, Uganda | PATRICIA AKANKWATSA | A fresh fight is looming between workers’ unions and representatives in Parliament and the government over new proposals to have a minimum wage law. President Yoweri Museveni returned the proposed Minimum Wage …

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Pushing for a green economy and clean energy

Africa is grappling with myriad environmental and climate challenges, from drought to loss of biodiversity, cyclones and plastics pollution. Africa Renewal’s Zipporah Musau spoke with the United Nations Environment Programme’s Deputy Executive Director, Joyce Msuya, on how African countries can mitigate some of these challenges and the opportunities ahead. What …

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Why Uganda Clays recorded Shs722million loss

Performance was dented by routine factory maintenance and spikes in operating costs Kampala, Uganda | JULIUS BUSINGE | Clay products maker, Uganda Clays Limited, has recorded a Shs722million loss. But company officials say the future is bright. Financial results released on Sep.04 indicate that the loss in question was for …

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