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South Korea agency boosts entrepreneurship in Uganda

Kampala, Uganda | Julius Businge | Data from the Global Entrepreneurship Monitor (GEM) indicates that 28% of Ugandan adults own or co-own a new business. It adds that 10% start new business and 60% of those that are started do not live to celebrate their first birthday. Experts in this field say …

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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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