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ICPAU: Financial reporting awards set for November

Kampala, Uganda |  THE INDEPENDENT | Julius Businge |  The Institute of Certified Public Accountants of Uganda is set to hold the 10th Financial Reporting (FiRe) Awards on Nov.04, 2020, officials said at a virtual press conference on Sept.10.  The  awards  were  introduced  in  2011  to  enhance  the  quality  of  financial  …

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Support local firms in the oil and gas supply chain post COVID

  COMMENT | Joseph Mukasa Ngubwagye |  The COVID-19 pandemic has presented unique challenges across all aspects of society. Healthcare systems have been strained, schools closed, and economies constrained. The energy sector has not been spared. Many oil producing countries have suffered big losses, and their economies have been threatened due …

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Africa’s gathering debt storm

The continent’s debt-service payments in 2020 amount to $44 billion which is a lot of money COMMENT | COBUS VAN STADEN | The COVID-19 crisis is pushing Africa to the financial brink. African governments are under pressure to continue servicing their external loans, leaving them with few resources to confront …

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Africa can harness 4th industrial revolution

Doing so will require a new educational philosophy and investing in basic digital infrastructure. COMMENT | HANAN MORSY | Key features of the Fourth Industrial Revolution (4IR) – accelerating digitalisation, artificial intelligence (AI), cloud computing, robotics, and 3D printing – have obvious and important implications for education, employment, and the …

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Democratising innovation

Private firms undertake the bulk of R&D but governments fund it and must offer it direction COMMENT | DANI RODRIK | Innovation is the engine that drives contemporary economies. Living standards are determined by productivity growth, which in turn depends on the introduction and dissemination of new technologies that allow …

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Why Uganda needs CSR policy guidelines in the oil and gas sector

COMMENT | Daniel Abowe |  Corporate Social Responsibility (CSR) is a business approach that contributes to sustainable development by delivering economic, social, and environmental benefits for all stakeholders during project implementation. It also refers to the corporation’s initiatives to assess and take responsibility for the company’s effects on environmental and social …

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