aBi Finance intensifies commitment on Green Inclusive Finance to empower smallholder farmers and promote a sustainable agribusiness sector in Uganda Kampala, Uganda | THE INDEPENDENT | aBi Finance Ltd, a leading wholesale impact investment company, hosted a pivotal Stakeholder Engagement Forum to recognize the achievements of its financial partners and …
Read More »IFRS set to transform business practices
KAMPALA, UGANDA | THE INDEPENDENT | Entities operating in Uganda will have to adopt International Financial Reporting Standards (IFRS) in their reporting. International Financial Reporting Standards (IFRS) consist of a set of accounting rules that determine how transactions and other accounting events should to be reported in financial statements. The Institute …
Read More »OPINION: Financial independence for women is a catalyst to solving the ESG equation
OPINION | Dorah Kahunde | Two key words have taken the corporate world by storm; Sustainability and ESG (Environment Social Governance). Many organizations globally are working towards attaining sustainability certifications by implementing environmentally friendly practices as well as ensuring they have airtight corporate governance structures by engaging in, sponsoring and supporting activities …
Read More »PostBank’s Finance Team Shines at the 2024 ICPAU Awards
Team Scoops Finance Team of the Year Accolade Kampala, Uganda | THE INDEPENDENT | PostBank Uganda whose purpose is to foster prosperity for Ugandans secured an accolade at the just concluded Institute of Certified Public Accountants of Uganda (ICPAU), Awards that aimed at celebrating individuals and entities that are greatly contributing …
Read More »Nina Interiors unveils new branch, partners with Sunon to advance ESG goals
Kampala, Uganda | THE INDEPENDENT | Nina Interiors Limited, a player in Uganda’s furniture industry for over 30 years, has announced the grand opening of its new experiential center in Makindye, Kampala city in partnership with global furniture manufacturer Sunon. This state-of-the-art center will showcase a wide range of innovative office, …
Read More »Experts call for focus on skills when picking Board of Directors
Kampala, Uganda | THE INDEPENDENT | Corporations are urged to move away from the appointment of Boards of Directors based on their political status, their prominence or popularity but rather on the skills and competencies they possess for better and sustainable management of the businesses. This is because the corporate …
Read More »Corporates told: ESG reporting will attract money for investments
Kampala, Uganda | THE INDEPENDENT | Business operators in Uganda are encouraged to consider environmental, social and governance aspects when compiling their annual financial statements in order to gain relevance before different stakeholders. Annual financial reports are usually made for accountability to business owners, regulators and, increasingly, prospective investors in the …
Read More »Ugandan bankers bet on ESG for growth
From green bonds to women in business programs, banks are now betting on a new approach Kampala, Uganda | IAN KATUSIIME | The seventh annual bankers’ conference, held at the Kampala Serena Hotel, was abuzz with pitches and plans on Environmental Social and Governance (ESG), a new agenda sweeping through businesses …
Read More »Uganda bankers chairman urges entities to embrace ESG
Kampala, Uganda | THE INDEPENDENT | Businesses have been encouraged to embrace Environmental Sustainability Governance (ESG) practices which are more than a regulatory requirement, but a strategic move towards enduring sustainability and resilience in a dynamic business environment. The call was made today by PostBank Uganda Managing Director who …
Read More »ESG Rating and its role in Uganda’s financial ecosystem
COMMENT | ICRA RATING | As the global focus on sustainability and corporate responsibility continues to grow, banking institutions must adapt to meet the evolving expectations of customers, investors, and regulators. In today’s rapidly changing business landscape by embracing ESG principles, banks can mitigate risks associated with environmental, social, and …
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