In January 2017, the second-largest bank acquisition took place in Uganda. We anticipate that more mergers and acquisitions are looming in the Ugandan financial services industry. To this end, JSR provides herein a matrix of risks that participants in the deal should consider in the due diligence. For further clarity,... Read More
JSR has implemented the automation of its audit/assurance processes through the acquisition of the DraftWorx software – affordable and renown solutions for achievement of IFRS and ISA compliance. The software provider can be visited at www.dataprime.co.za and JSR is pleased that the solutions will yield benefits for the firm and its clients.... Read More
In 2016, J.SR Consulting Limited completed the compilation of financial statements for the years 2009-2015 for a Government-owned textile manufacturer. There was a huge backlog of accounts that had not yet been audited by the Office of the Auditor General. The new Board of Directors tasked J.SR Consulting Limited to... Read More
In 2016, J.SR Consulting Limited was appointed by a receiver to undertake a business recovery analysis of an indigenous beer manufacturer that had defaulted on repayment of its loan to the tune of US$2m. J.SR Consulting Limited undertook a demise diagnostic study, business viability testing and then advised the receiver... Read More
In 2016, J.SR Consulting Limited completed its advisory work with the Royal Danish Embassy in Zimbabwe. The Zimbabwe Agricultural Development Trust (ZADT) was established in 2010 with the objective of providing soft loans to agriculture value chain actors working with, and for the benefit of smallholder farmers in Zimbabwe. The... Read More
Nkumba University (NU) is a private University located in Uganda with slightly over 10,000 students and 400 administrative staff. It was established in 1994 and is dedicated to the promotion of excellence in applied business education. NU builds students on the 4Cs: Creativity, Confidence, Competence and Character. NU had challenges in the area of financial... Read More
InfraCo Africa is a multi-government funded, privately managed company providing early stage development capital and expertise to develop infrastructure projects in sub-Saharan Africa. InfraCo Africa (based in the United Kingdom) acts as an ‘honest broker’ seeking to create viable infrastructure investment opportunities that balance the interests of host governments, the... Read More
J.SR Consulting Limited (“J.SR”) as the lead consultants partnered with RBM Systems Consult Limited (one of the authorised reseller for QuickBooks ® Enterprise in East Africa) to set up an integrated financial accounting system for Share An Opportunity – Uganda (SAO). The client is a Christian child centred NGO with... Read More
When a Ugandan businessman purchased multi-level marketing companies in Uganda and Kenya in May 2013, he appointed J.SR Consulting Limited to provide a range of business advisory services. The two companies (Dynapharm 2014 Uganda Limited and Dynapharm Kenya 2004 Limited) had a total investment of US$3.2million. J.SR Consulting Limited was... Read More
The Senior Partner of J.Samuel Richards & Associates, Albert Richards Otete has advised practitioners to engage their employers or clients to embrace system integration. Albert was the presenter at the monthly ISACA Uganda Chapter seminar at Hotel Africana. ISACA Uganda Chapter (www.isaca.org/chapters2/kampala) sponsors local educational seminars and workshops, conduct regular... Read More