Secretary General Patricia Scotland under pressure over awarding a £250,000 commission to a firm owned by her friend | THE INDEPENDENT | The Commonwealth is facing uncertainty over its leadership after its heads of government rejected calls for the secretary-general, Baroness Scotland, to be given an automatic second term, the …
Read More »Fighting insurance fraud
Ibrahim Kaddunabbi and Allan Mafabi IRA boss tips sector executives on managing scams that could haunt performance Kampala, Uganda | JULIUS BUSINGE | Insurance companies must put in place feasible policies to manage fraud that could easily jeopardize their good performance. This is the summary of what Ibrahim Kaddunabbi …
Read More »‘Wapakabulo has left UNOC on solid ground’
She learnt quickly that the oil and gas sector is highly politicized and came up with strategies to counter it to achieve set objectives. Kampala, Uganda | RONALD MUSOKE | When Dr. Josephine Wapakabulo was appointed the Chief Executive Officer of the Uganda National Oil Company in August 2016, few …
Read More »KPMG banned from auditing South Africa’s state bodies
Johannesburg, South Africa | AFP | South Africa on Tuesday announced it has banned KPMG from auditing its government institutions following a series of scandals involving the international auditor in the country. The decision to terminate KPMG’s contracts is with “immediate effect”, auditor-general Kimi Makwetu’s office said in a statement. …
Read More »KPMG opens doors for businesses seeking data support
Kampala, Uganda | JULIUS BUSINGE | Using right data tools and solutions in running businesses can lead up to over 50% growth of that entity in all segments, according to KPMG, an audit firm operating in Uganda and beyond. The firm is courting businesses to use advanced methods of managing …
Read More »Ugandan excels in corporate consultancy
Kampala, Uganda | THE INDEPENDENT | Amos Bagumire, a Ugandan corporate consultant, has been recognized by CEO Global for his exceptional performance in a filtering process overseen by KPMG, the international financial services firm. Bagumire, the managing director of ABS Consulting Group was announced continental winner of the CEO Global Titan …
Read More »KPMG S.Africa repays $1.7 mn over bad report, ousts CEO
Johannesburg, South Africa | AFP | Auditor KPMG on Friday distanced itself from a report by its South Africa office used by the president to controversially fire the former finance minister and will repay its $1.7 million fee. The scandal, which also led to the ouster of KMPG South Africa’s CEO …
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