November 30, 2022 By Robert Katuntu By Robert Katuntu, CFA, CPA robert.katuntu@jsamuelrichards.com According to Boston Consulting Group, the total value of Mergers and Acquisitions (M&A) through as of July 2022 was US$ 1.7 trillion! Here are seven reasons why businesses should actively pursue M&A: Robert Katuntu, CFA, CPA is a Chartered Financial […]
September 30, 2022 By Robert Katuntu “12,000 Schools on Sale Over Loans” proclaimed The New Vision headline on 30 September 2022. The newspaper reported that one of the affected entrepreneurs lost a school valued at UGX5billion (USD1,320,000) after failing to clear a five-year loan of UGX1.6bilion (USD430,000) To service this loan at a typical […]
May 12, 2022 By Robert Katuntu In May 2022, the Minister for Finance, Planning and Economic Development launched the Uganda Retirement Benefits Regulatory Authority (Assignment of Retirement Benefits for Mortgages and Loans) Regulations, 2022. This regulation was long overdue following several pleas from savers. The regulations are detailed enough and everyone ranging […]
April 7, 2022 By Robert Katuntu In March 2022, the Uganda Registration Services Bureau (URSB) hosted the fifth Annual Insolvency conference under the theme “Emerging Trends in Corporate Restructuring in Uganda: What to expect and how to prepare “. This conference was timely given the negative financial impact occasioned by the national lockdowns […]
Egypt was the first African country to confirm a Covid-19 case on the 14 February 2020. By then, China was on fire with 66358 confirmed cases. By then, United States had 13, Italy 2, Spain 3 to mention but a few countries. The second African country to confirm a case […]
It appears that every two weeks, the number of worldwide confirmed Covid-19 cases increases by one million people meaning that virtually every country is experiencing an increase. By end of April 2020, that global number will have exceeded 3000000 going by the statistical trend. Some patients recover (one-in-three), some pass […]
December 6, 2021 By admin The New York Times recently reported eye popping investment returns by US-based university endowments, including 56% by both Duke and MIT and 40% by Yale. A big reason for the gain is investments with private equity funds. Harvard’s private equity investments, worth a third of its US$53 […]
Overview Business owners in Uganda cite the lack of appropriate capital as the biggest hindrance to their success. However, investors including impact funds, banks and private equity investors disagree. They contend that the majority of SMEs in Uganda are not investment ready. SME owners are either not aware of the […]
When the World Health Organization (WHO) declared the coronavirus a global pandemic on 11.March.2020, the number of confirmed cases worldwide was at the 100,000 mark. The WHO alerted all countries that the virus was spreading at an alarming rate and containment measures were urgently required. It became obvious that international travel […]
When the World Health Organization (WHO) declared the Covid-19 a pandemic on 11-Mar-2020, only 4% of patients were recovering from the virus. By then, it appeared that the virus had condemned many patients to early and premature death. However, the situation had brightened much to the relief of Governments and […]