Kampala, Uganda | THE INDEPENDENT | The Permanent Secretary of Justice and Constitutional Affairs, Robert Kasande, clarified the ministry’s decision to hire international law firms for international arbitration cases. This followed concerns raised by MPs on the Public Accounts Committee (PAC) during a scrutiny of the Auditor General’s reports for 2022/23. …
Read More »East African firms on the list of the continent’s most valuable brands
MTN Uganda and Stanbic Bank are the only Ugandan-listed companies on the list in the region Kampala, Uganda | THE INDEPENDENT | Seventeen East African firms are among the list of the continent’s most valuable brands, with the Safaricom retaining the top spot amidst a decline in its overall ranking. The …
Read More »ICPAU publishes list of licensed accounting firms
Kampala, Uganda | THE INDEPENDENT | The Institute of Certified Public Accountants of Uganda has published the list of accounting firms and practising accountants licensed to operate in Uganda as at March 31, 2023. The list contains 248 accounting firms and 398 practising accountants. There are 10 new firms and 21 …
Read More »Listed firms told to increase women on their boards
Kampala, Uganda | THE INDEPENDENT | Uganda’s listed firms need to increase women on their boards to enhance inclusivity, according the Capital Markets Authority CEO Keith Kalyegira. Kelyegira, who spoke during this year’s International Women’s Day at the Uganda Securities Exchange under the theme ‘Women’s Role in Finance and Investment’ on …
Read More »COMMENT: Free speech in the filter age
Firms cannot be allowed to profit from damaging content, while avoiding responsibility for its consequences COMMENT | ALEXANDRA BORCHARDT | Germany’s Network Enforcement Act – according to which social-media platforms like Facebook and YouTube could be fined €50 million ($63 million) for every “obviously illegal” post within 24 hours of receiving …
Read More »Government offers licenses to 11 firms to operate in Free Zones
Kampala, Uganda | ISAAC KHISA | Uganda’s balance of payment deficit has remained wide for some time now but there are signs that the gap will soon be reduced as the government issues licenses to developers in Free Zones. Free Zones are geographic areas where raw materials and goods may be …
Read More »Querries about privatised firms
By Cissy Kagaba Parliament’s proposed probe into the divestiture process is welcome however long over due Recent media reports have indicated that Parliament is set to commission a probe into the divestiture of over 130 public corporations, formerly under the Uganda Development Corporation. The hitherto public entities, including Uganda Commercial …
Read More »Lack of regional focus denies Ugandan firms, CEOs respect
By Patrick Kagenda How do East African CEO’s rate Ugandan companies? Not with much respect, according to results of a survey of about 300 CEOs from Uganda, Tanzania, Kenya, and Rwanda. In fact the only name with a presence in Uganda that has maximum respect among regional CEO’s is the …
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