Strategy is a cool word. People like to use it. It leaves a good impression with your audience when you talk about ΓÇÿstrategyΓÇÿ. But strategy is probably the most over and misused word in business. And we often have the impression that the more someone uses the word ΓÇÿstrategy’ in a […]
Quote from Uganda Revenue Authority (URA) official website (www.ura.go.ug) In its maiden vetting meeting, the Tax Agents Registration Committee (TARC) has approved 289 Tax Agents’ applications. Following the approval, the agents will effective January 2018 guide and represent taxpayers on the Domestic Taxes (DT) side for 12 months ending December […]
What is the objective of IFRS9? The objective of the International Financial Reporting Standard (IFRS9) is to establish principles for the financial reporting of financial assets and financial liabilities that will present relevant and useful information to users of financial statements for their assessment of the amounts, timing and uncertainty […]
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: ICPAU selected J. Samuel Richards & Associates (“JSR”) as successful bidder for development of the […]
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 […]
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 […]
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 […]
Engaging on integrity in public infrastructure procurement can be challenging, but, with the right stakeholders, approach, evidence and message, it is possible. The business stakeholders (contractors and consulting engineers) in Uganda were awash with apathy and doubt that any action could change the way procurement processes were ran. Most often, businesses […]