Kampala, Uganda | JULIUS BUSINGE |The Public Accountants Examinations Board (PAEB) of the Institute of Certified Public Accountants of Uganda (ICPAU) on June 26 released the results of the May 2023 examinations. The examinations were conducted from May 29 – June 2 at seven examination centres namely – Arua, Fort …
Read More »
Experts want result-oriented interventions on debt, corruption, spending, and credit access for the private sector Kampala, Uganda | JULIUS BUSINGE | The Ugandan government has been asked to be frugal in fighting corruption, exorbitant expenditure, and debt management if it is to achieve meaningful results in the implementation of the …
Read More »
Kampala, Uganda | JULIUS BUSINGE | The Institute of Certified Public Accountants of Uganda has unveiled the 2023 prestigious FireAwards scheduled to take place on November 1, 2023, under the theme “ESG: Reporting as Brand Storytelling.” The launch of the awards was held in Kampala on June 20 by ICPAU executives …
Read More »
The Fund has unveiled business opportunities for FY2023/2024 Kampala, Uganda | JULIUS BUSINGE | Uganda’s National Social Security Fund has unveiled business opportunities for local firms during the Financial Year 2023/24 which starts next month. These include investments in real estate, insurance services, advertising and promotions, information technology systems, consultancies, and …
Read More »
Government to slap taxes on online services without a plan for device uptake Kampala, Uganda | JULIUS BUSINGE | Finance Minister, Matia Kasaija’s decision to impose a value-added tax on digital services without creating an enabling environment for the population to access internet-enabled devices such as smartphones reveals a disconnect between …
Read More »
PAU statistics show that more than 11,054 Ugandans are currently employed in the oil and gas sector Kampala, Uganda | JULIUS BUSINGE | Uganda’s oil and gas sector has employed more than 11,670 people with local citizens taking more than 93% of the jobs at the end of May this year, …
Read More »
Kampala, Uganda | JULIUS BUSINGE | Uganda’s annual headline inflation decreased from 8.0% for the year ended April 2023 to 6.2% for the year ended May according to data released by Uganda Bureau of Statistics Executive Director Chris Mukiza on May 31. The slowdown in inflation is largely attributed to the …
Read More »
Kampala, Uganda | JULIUS BUSINGE | Nile Breweries Limited has launched a social entrepreneurship program dubbed “100+ Accelerator,” Cohort 2023 aligned towards the promotion of business start-ups committed to sustainability. The program, an initiative of the parent company of NBL, AB InBev will offer a funding opportunity of up to …
Read More »
But directors have recommended a dividend of Shs2.5 per share payable in September this year which is higher than Shs2 per share paid last year. Kampala, Uganda | JULIUS BUSINGE | Pharmaceutical manufacturing company Cipla Quality Chemical Industries Limited has reported a 21% decline in profit after tax from Shs24bn in …
Read More »
Kampala, Uganda | JULIUS BUSGINGE | The National Social Security Fund has earned a total of Shs31.5billion as dividends for the year ended December 31, 2022, from its investment in MTN Uganda. NSSF Uganda, East Africa’s largest national savings fund by value, invested Shs360 billion in December 2021 to acquire …
Read More »
The Independent Uganda: You get the Truth we Pay the Price