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... Read More
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... Read More
The Covid-19 pandemic continued to hit most countries worldwide despite that some semblance of normalcy was slowly filtering in many countries. The bitter truth is that 328115 people had died from Covid-19 globally representing 7% of the confirmed cases of 4996472 as at 20-May-2020. There was increased optimism in that... Read More
Labour Day on 1 May 2020 in Uganda was a public holiday which may have gone unnoticed by many people. At that moment, many people are worried about the Covid-19 itself since it has claimed hundreds of thousands of lives already. The pandemic forced Governments to implement lockdown measures to... Read More
By 24-April-2020, the cumulative Covid-19 confirmed cases in the Eastern Africa region was 1285 but was increasing at 8% per day which is too high. A best case scenario would be a 1% daily increase so that the curve can start to flatten and reach a peak by mid-May 2020.... Read More
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... Read More
There was optimism that the Covid-19 pandemic would ease by end of March 2020 following measures implemented by countries worldwide. These measures included closure of international airports, lockdown of most non-essential movement of people, working from home and social distancing. In the same month of March 2020, China started to... Read More
The investor should not hurry to sell just because the price has fallen. However, selling remains an option. In regard to selected Ugandan equities, Uganda Clays appears to be an outlier with huge swings at both ends of the continuum. Nonetheless, lets pay attention to stocks that had consecutive decline... Read More
The green colored bars (Year-end 2015) show how the share price changed between end of 2014 and end of 2015. Bars to the right of the vertical PURPLE line (the 0% line) imply an increase in the stock price. Those to the left mean reduction in stock price. Most of... Read More
The Institute of Certified Public Accountants of Uganda (“ICPAU) was established in 1992 by an Act of Parliament, now the Accountants Act, 2013. The functions of the Institute, as prescribed by the Accountants Act, are: To regulate and maintain the standard of accountancy in Uganda. To prescribe and regulate the... Read More