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ICPAU, partners announce entries for 2024 Financial Reporting Awards

  Kampala, Uganda | THE INDEPENDENT | The Institute of Certified Public Accountants Uganda (ICPAU), the Capital Markets Authority (CMA), the Uganda Securities Exchange (USE), and Vision Group have announced the 14th edition of the Financial Reporting (FiRe) Awards. The theme is Promoting Excellence in Corporate Reporting: Disclosing ESG Performance …

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Corporates told: ESG reporting will attract money for investments

Kampala, Uganda | THE INDEPENDENT | Business operators in Uganda are encouraged to consider environmental, social and governance aspects when compiling their annual financial statements in order to gain relevance before different stakeholders. Annual financial reports are usually made for accountability to business owners, regulators and, increasingly, prospective investors in the …

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DPF reassures Mercantile Bank depositors

Kampala, Uganda | THE INDEPENDENT | The Deposit Protection Fund (DPF) together with the Bank of Uganda expect to pay 2,850 customers who had accounts with the now closed Mercantile Credit Bank Ltd. This, however, will depend of the reliability of the personal information of the clients at Bank of …

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CSOs identify key opportunities in the Shs72 trillion budget

The non-governmental organisations call for strong anti-corruption measures and debt reduction Kampala, Uganda | JULIUS BUSINGE | Civil Society Organisations (CSOs), under the umbrella of the Civil Society Budget Advocacy Group (CSBAG), have identified several opportunities in Uganda’s new Shs72 trillion budget. They emphasize investments in human capital development, peace and …

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Afreximbank pledge $2bn to Africa Health Security Plan

Kampala, Uganda | THE INDEPENDENT | Afreximbank and the Africa Centers for Disease Control and Prevention have announced a new cooperation agreement at the Global Forum for Vaccine Sovereignty and Innovation in Paris, France. Under this partnership, Afreximbank has committed a $2 billion facility to the “Africa Health Security Investment Plan,” …

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Uganda Clays unveils a 5-year strategic plan

Kampala, Uganda | THE INDEPENDENT | Uganda Clays Limited has unveiled a 5-year strategic plan aimed at enhancing customer satisfaction, boosting shareholder value, and fostering employee engagement. The strategic plan, unveiled at the company’s Annual General Meeting (AGM) in Kampala, signifies a renewed commitment to sustainable growth and value creation under …

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Ugandan bankers bet on ESG for growth

From green bonds to women in business programs, banks are now betting on a new approach  Kampala, Uganda | IAN KATUSIIME | The seventh annual bankers’ conference, held at the Kampala Serena Hotel, was abuzz with pitches and plans on Environmental Social and Governance (ESG), a new agenda sweeping through businesses …

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