The Independent
INTERVIEW: Boosting accountancy profession
Rachel Grimes is the President of International Federation of Accountants (IFAC), the global umbrella body for all accountants. The Independent’s Julius Businge spoke to her at the opening of the five day 4th Africa Congress of Accountants (ACOA) held in Kampala from May 2-5.   H...
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The Independent
City Tyres see higher tyre sales
Pirelli tyres sales to grow 20% in the next six months City Tyres, a subsidiary of Mandela Group of Companies in Uganda, expects a 20% growth in sales for Pirelli tyres in the next six months on the back of the ongoing new Formula One (F1) campaign. Mandela Group of …
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The Independent
Museveni, Magufuli sign Hoima-Tanga oil pipeline deal
Presidents Yoweri Museveni and John Pombe Magufuli have signed an agreement to start construction of the oil pipeline from Uganda to Tanzania. The two leaders on Sunday signed a communique agreeing to start construction of the East African Crude Oil pipeline (EACOP) project from...
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The Independent
Traders welcome ban on paying rent in dollars
Ugandan traders reacted with glee when parliament inserted a clause in the Income Tax Amendment Bill prohibiting charging of rent in dollars. The clause stipulates that all agreements on rent shall be executed and effected in no other currency other than Ugandan shillings. This w...
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The Sunrise
Ugandan Carpenters Condemn Chinese Furniture
The Nsambya Carpenters’ chairman, Sadam Moses Muleke, is concerned at how the Chinese are failing the market for locally-made furniture. “We know the biggest challenge in the market and who doesn’t first look or consult us the local carpenters, but sells furniture at a very low p...
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The Independent
US, Saudi agree arms deals worth almost $110 billion
GE signs $15 bn of Saudi deals, MoUs during Trump visit Riyadh, Saudi Arabia | AFP | Washington has agreed arms deals with Saudi Arabia worth almost $110 billion, a White House official said Saturday, the first day of President Donald Trump’s visit to the traditional US ally. “Th...
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The Sunrise
Uganda needs accurate, complete accounting to track money leakages
Britain’s Director of Public Sector of the Institute of Chartered Accountants in England and Wales (ICAEW), Ross Campbell, was in Kampala to attend the African Congress of Accountants (ACOA) Conference at the Commonwealth Resort Beach Hotel in Munyonyo. Before joining the ICAEW,...
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