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SAT 12 OCT SPEKE RESORT LET’S GOAT IT On! RACE PROGRAMME #goatraceskla ENJOY RESPONSIBLY: EXCESSIVE CONSUMPTION OF ALCOHOL IS HARMFUL TO YOUR HEALTH. Don’t Choose What You Want to Do. Choose Who You want to be. Faculty of ; • Business and Management • Health Sciences • Humanities and Social Sciences • Science and Technology • Dept. of Petroleum and Energy Studies CORPORATE TRAINING AND SHORT COURSES AVAILABLE, UPSKILL YOURSELF TODAY! : TABLE OF CONTENTS Organisers Message .............................................................................................................................................1 Security information..............................................................................................................................................2 Goat Race 2018 Pictorial ................................................................................................................................. 3-4 Race 1 information ................................................................................................................................................5 Humor......................................................................................................................................................................7 Race 2 information ................................................................................................................................................9 Race 3 information ............................................................................................................................................ -
Public Notice
PUBLIC NOTICE PROVISIONAL LIST OF TAXPAYERS EXEMPTED FROM 6% WITHHOLDING TAX FOR JANUARY – JUNE 2016 Section 119 (5) (f) (ii) of the Income Tax Act, Cap. 340 Uganda Revenue Authority hereby notifies the public that the list of taxpayers below, having satisfactorily fulfilled the requirements for this facility; will be exempted from 6% withholding tax for the period 1st January 2016 to 30th June 2016 PROVISIONAL WITHHOLDING TAX LIST FOR THE PERIOD JANUARY - JUNE 2016 SN TIN TAXPAYER NAME 1 1000380928 3R AGRO INDUSTRIES LIMITED 2 1000049868 3-Z FOUNDATION (U) LTD 3 1000024265 ABC CAPITAL BANK LIMITED 4 1000033223 AFRICA POLYSACK INDUSTRIES LIMITED 5 1000482081 AFRICAN FIELD EPIDEMIOLOGY NETWORK LTD 6 1000134272 AFRICAN FINE COFFEES ASSOCIATION 7 1000034607 AFRICAN QUEEN LIMITED 8 1000025846 APPLIANCE WORLD LIMITED 9 1000317043 BALYA STINT HARDWARE LIMITED 10 1000025663 BANK OF AFRICA - UGANDA LTD 11 1000025701 BANK OF BARODA (U) LIMITED 12 1000028435 BANK OF UGANDA 13 1000027755 BARCLAYS BANK (U) LTD. BAYLOR COLLEGE OF MEDICINE CHILDRENS FOUNDATION 14 1000098610 UGANDA 15 1000026105 BIDCO UGANDA LIMITED 16 1000026050 BOLLORE AFRICA LOGISTICS UGANDA LIMITED 17 1000038228 BRITISH AIRWAYS 18 1000124037 BYANSI FISHERIES LTD 19 1000024548 CENTENARY RURAL DEVELOPMENT BANK LIMITED 20 1000024303 CENTURY BOTTLING CO. LTD. 21 1001017514 CHILDREN AT RISK ACTION NETWORK 22 1000691587 CHIMPANZEE SANCTUARY & WILDLIFE 23 1000028566 CITIBANK UGANDA LIMITED 24 1000026312 CITY OIL (U) LIMITED 25 1000024410 CIVICON LIMITED 26 1000023516 CIVIL AVIATION AUTHORITY -
THE REPUBLIC of UGANDA in the CHIEF MAGISTRATES COURT of MAKINDYE at MAKINDYE CRIMINAL REGISTRY CAUSELIST for the SITTINGS of : 07-10-2019 to 11-10-2019
THE REPUBLIC OF UGANDA IN THE CHIEF MAGISTRATES COURT OF MAKINDYE AT MAKINDYE CRIMINAL REGISTRY CAUSELIST FOR THE SITTINGS OF : 07-10-2019 to 11-10-2019 MONDAY, 07-OCT-2019 MAGISTRATE GRADE I MBABAZI EDITH BEFORE:: MARY Case Nature of Time Case number Pares Charge CRB No Sing Type Category Appl./Appeal Hearing - Criminal UGANDA VS 1. 09:00 MAK-00-CR-CO-1260-2018 THEFT Kabalagala/1118/2018 prosecuon Offence BIKOLIMANA ALEX case UGANDA VS BUKENYA STEALING BY AGENTS- Hearing - Criminal 2. 09:00 MAK-00-CR-CO-0961-2018 BRIAN & KAWOOYA PROPERTY WHICH HAS Katwe/854/2018 prosecuon Offence FRED BEEN RECEIV case UGANDA VS Hearing - Traffic TRAFFIC-RECKLESS 3. 09:00 MAK-00-CR-TO-0010-2019 MUSINGUZI Katwe/22/2019 prosecuon Offence DRIVING CHRISTOPHER case Hearing - Criminal UGANDA VS NSUBUGA 4. 09:00 MAK-00-CR-CO-0847-2019 BREAKING/BURGLARY-(A-B) Katwe/1155/2019 prosecuon Offence JAMIRU case Hearing - Criminal UGANDA VS KAVUMA 5. 09:00 MAK-00-CR-CO-0606-2019 STEALING VEHICLE Katwe/2000/2018 prosecuon Offence ABDUL case Hearing - Criminal UGANDA VS KIBIRIGE 6. 09:00 MAK-00-CR-CO-0511-2019 THEFT Kabalagala/542/2019 prosecuon Offence DAN case Hearing - Criminal UGANDA VS MUGISHA 7. 09:00 MAK-00-CR-CO-0169-2019 THEFT Kabalagala/152/2019 prosecuon Offence ABEL case UGANDA VS Hearing - Criminal 8. 09:00 MAK-00-CR-CO-1451-2018 SSEMWOGERERE BREAKING/BURGLARY-(A-B) Kabalagala/129/2018 prosecuon Offence MATIYA case 9. 09:00 MAK-00-CR-CO-1218-2018 Criminal UGANDA VS KANGABE BREAKING/BURGLARY-(A-B) Katwe/1533/2018 Hearing - Offence KRARISA prosecuon case CARELESS OR Hearing - Traffic UGANDA VS MUJUNI 10. -
UGANDA MICROFINANCE INDUSTRY ASSESSMENT August 2008
UGANDA MICROFINANCE INDUSTRY ASSESSMENT UGANDA MICROFINANCE INDUSTRY August 2008 August 2008 AMFIU House Plot 679, Wamala Rd, Najjanankumbi, Off Entebbe Rd AMFIU P. O. Box 26056 Kampala - Uganda Tel: +256 (0) 414 259176, Fax: +256 (0) 414 254420 ASSOCIATION OF MICROFINANCE JIREH GROUP Tel: +256 312 273126, INSTITUTIONS OF UGANDA Email: [email protected] : +256 712 965 315 E-mail: [email protected] Website: www.amfiu.org.ug jirehgroupinvestmentsltd UGANDA MICROFINANCE INDUSTRY ASSESSMENTUGANDA MICROFINANCE INDUSTRY ASSESSMENT UGANDA MICROFINANCE INDUSTRY ASSESSMENT AUGUST 2008 1 UGANDA MICROFINANCE INDUSTRY ASSESSMENT UGANDA MICROFINANCE INDUSTRY ASSESSMENT FOREWARD Microfinance in Uganda has taken big strides since 1996 when stakeholders formally came together and since then it has been recognized internationally for its contribution to the economic and social development of the economically active poor in Uganda. However, due to the nascent level of the industry, there is limited and scattered information on what is taking place in the microfinance industry in Uganda. This Microfinance Industry Assessment study tries to compile information on various issues on the microfinance industry and gives an over-view of the general financial sector in Uganda, development and trends in the microfinance industry and issues on regulation of the sector. It provides a wealth of information and knowledge on what microfinance in Uganda is all about, how it fits into the overall financial sector and the role of various stakeholders in the industry. As a national Network for Ugandan microfinance practitioners and stakeholders, the Association of Microfinance Institutions of Uganda (AMFIU), has been involved in all the different stages of development of the MF industry. -
Crane Bank to Appeal to Supreme Court
Plot 37/43 Kampala Road, P.O. Box 7120 Kampala Cable Address: UGABANK, Telex: 61069/61244 General Lines: (+256-414) 258441/6, 258061/6, 0312-392000 or 0417-302000. Fax: (+256-414) 233818 Website: www.bou.or.ug E-mail: [email protected] CRANE BANK TO APPEAL TO SUPREME COURT KAMPALA – 30 June 2020 – Bank of Uganda (BoU) wishes to inform the public of its decision to appeal the Court of Appeal’s dismissal of the case filed by Crane Bank Limited (in Receivership) vs. Sudhir Ruparelia and Meera Investments Limited to the Supreme Court. In exercise of its powers under sections 87(3), 88(1)(a)&(b) of the Financial Institutions Act, 2004, BoU placed Crane Bank Ltd (In Receivership) [“Crane Bank”] under Statutory Management on 20th October 2016. This decision was necessary upon discovering that Crane Bank had significant and increasing liquidity problems that could not be resolved without the Central Bank’s intervention given that Crane Bank had failed to obtain credit from anywhere else. An inventory by external auditors found that the assets of Crane Bank were significantly less than its liabilities. In order to protect the financial system and prevent loss to the depositors of Crane Bank, Bank of Uganda had to spend public funds to pay Crane Bank’s depositors. A subsequent forensic investigation as to why Crane Bank became insolvent found a number of wrongful and irregular activities linked to Sudhir Ruparelia and Meera Investments Ltd. These findings form the basis of the claims in the lawsuit by Crane Bank. The suit was necessary for recovery of the taxpayers’ money used to pay depositors’ funds as well as the other liabilities of Crane Bank. -
Has the Privatization of Uganda Commercial Bank Increased Competition and Extended Outreach of Formal Banking in Uganda?” Abstract
DEPARTMENT OF ECONOMICS Uppsala University Bachelor’s Thesis Authors: Oscar Karlsson & Erik Malmgren Supervisor: Ranjula Bali Swain Spring 2008 “Has the Privatization of Uganda Commercial Bank Increased Competition and Extended Outreach of Formal Banking in Uganda?” Abstract: Financial sector development can reduce poverty and promote economic growth by extending access to financial services in developing countries. Traditionally, banking in Sub-Saharan Africa has been conducted by state-owned banks. Although, evidence has shown that severe government involvement in the banking sector has proved to cause low profitability and inefficiency. During 2001, Uganda Commercial Bank, the dominant provider of banking experienced financial problems; as a result, the government had to privatize the bank. The aim of this thesis is therefore to investigate if the privatization prevented the banking sector from collapse and if it made the sector more competitive and outreaching. The main conclusion is that the privatization strongly prevented the banking sector from collapse. Since privatization, competition has increased sufficiently in urban areas of Uganda while rural areas have not experienced any significant increase in competition. Finally, we conclude that the outreach of banking has increased somewhat since the privatization, but it is still relatively poor. Key Words: Sub-Saharan Africa, Uganda, Financial Development, Financial Structure, Access to Finance, Banking, Bank Competition, Bank Privatization, Outreach of Banking 2 Abbreviations Mentioned -
The World Bank in Uganda “ Working for a World Free of Poverty” Country Brief 2005 - 2006 Public Disclosure Authorized
48954 Public Disclosure Authorized The World Bank in Uganda “ Working for a world free of poverty” Country Brief 2005 - 2006 Public Disclosure Authorized The World Bank Public Disclosure Authorized Rwenzori House 1 Lumumba Avenue, Kampala P.O.Box 4463, Telephone: 256 41 231061 www.worldbank.org/ug i Public Disclosure Authorized A Note about the Design Baskets are an integral part of Ugandan culture. The number of baskets of food carried to the market by a family is an indicator of the harvest level, with a bumper harvest filling many baskets. Families who are fairly well-to-do also carry more baskets from the market (indicating more purchases), and the bigger the basket, the greater the perception of prosperity. Baskets also serve ceremonial purposes in traditional Ugandan culture. For example, at the introduction of a groom to the bride’s family, the groom’s party comes with numerous baskets filled with gifts to offer to the bride’s family. In this context, baskets represent happiness, connectedness and a sense of sharing and belonging. Coincidentally, the World Bank logo reflects some aspects of the spherical woven design of the basket, and the two images complement each other throughout this document. Lastly, the Ugandan national colors are woven into the recurring basket image to emphasize the significance of the collaborative relationship between the Government of Uganda and the World Bank. A Note about the Design Baskets are an integral part of Ugandan culture. The number of baskets of food carried to the market by a family is an indicator of the harvest level, with a bumper harvest fi lling many baskets. -
Absa Bank 22
Uganda Bankers’ Association Annual Report 2020 Promoting Partnerships Transforming Banking Uganda Bankers’ Association Annual Report 3 Content About Uganda 6 Bankers' Association UBA Structure and 9 Governance UBA Member 10 Bank CEOs 15 UBA Executive Committee 2020 16 UBA Secretariat Management Team UBA Committee 17 Representatives 2020 Content Message from the 20 UBA Chairman Message from the 40 Executive Director UBA Activities 42 2020 CSR & UBA Member 62 Bank Activities Financial Statements for the Year Ended 31 70 December 2020 5 About Uganda Bankers' Association Commercial 25 banks Development 02 Banks Tier 2 & 3 Financial 09 Institutions ganda Bankers’ Association (UBA) is a membership based organization for financial institutions licensed and supervised by Bank of Uganda. Established in 1981, UBA is currently made up of 25 commercial banks, 2 development Banks (Uganda Development Bank and East African Development Bank) and 9 Tier 2 & Tier 3 Financial Institutions (FINCA, Pride Microfinance Limited, Post Bank, Top Finance , Yako Microfinance, UGAFODE, UEFC, Brac Uganda Bank and Mercantile Credit Bank). 6 • Promote and represent the interests of the The UBA’s member banks, • Develop and maintain a code of ethics and best banking practices among its mandate membership. • Encourage & undertake high quality policy is to; development initiatives and research on the banking sector, including trends, key issues & drivers impacting on or influencing the industry and national development processes therein through partnerships in banking & finance, in collaboration with other agencies (local, regional, international including academia) and research networks to generate new and original policy insights. • Develop and deliver advocacy strategies to influence relevant stakeholders and achieve policy changes at industry and national level. -
Notes to the Financial Statements 34
Secure Online Payments Open your online store to international customers by accepting & payments. Transactions are settled NO FOREX UGX USD in both UGX and USD EXPOSURE Powered by for more Information 0417 719229 [email protected] XpressPay is a registered TradeMark Secure Online Payments 2016 ANNUAL REPORT Open your online store to international customers by accepting & payments. Transactions are settled NO FOREX UGX USD in both UGX and USD EXPOSURE Powered by for more Information 0417 719229 [email protected] XpressPay is a registered TradeMark ENJOY INTEREST OF UP TO 7% P.A. WITH OUR PREMIUM CURRENT ACCOUNT INTEREST IS CALCULATED DAILY AND PAID MONTHLY. CONTENTS Overview About Us 6 Our Branch Network 7 Our Corporate Social Responsibility 8 Corporate Information 11 Governance Chairman’s Statement 12 Managing Director/CEO’s Statement 14 Board of Directors’ Profiles 18 Executive Committee 20 Directors’ Report 21 Statement of Directors’ Responsibilities 23 Report of the Independent Auditors 24 Orient Bank Limited Annual Report and Consolidated 04 Financial Statements For the year ended 31 December 2016 OVERVIEW GOVERNANCE FINANCIAL STATEMENTS Financial Statements Consolidated Statement of Comprehensive Income 26 Bank Statement of Comprehensive Income 27 Consolidated Statement of Financial Position 28 Bank Statement of Financial Position 29 Consolidated Statement of Changes in Equity 30 Bank Statement of Changes in Equity 31 Consolidated Statement of Cash flows 32 Bank Statement of Cash flows 33 Notes to the Financial Statements 34 Orient Bank Limited Annual Report and Consolidated Financial Statements For the year ended 31 December 2016 05 ...Think Possibilities ABOUT US Orient Bank is a leading private sector commercial Bank in Uganda. -
01 ..Think Possibilities
Overview Governance Financial Statements 01 ..Think Possibilities SUPPLIERS SALARIES RENT SCHOOL FEES UTILITIES TAXES SHOPPING WELCOME TO ORIENT ONLINE! User ID SNAPPY BANKING Password Log in NOW POSSIBLE WITH ORIENT ONLINE Simply log on to www.orient-bank.com For details, ask any of our staff or; 0800 144551 (Toll Free) Available on PC, 0701 144551 (WhatsApp) [email protected] Tablet and Smartphone. SUPPLIERS SALARIES RENT SCHOOL FEES UTILITIES TAXES Orient Bank Limited SHOPPING Annual Report 2015 WELCOME TO ORIENT ONLINE! User ID SNAPPY BANKING Password Log in NOW POSSIBLE WITH ORIENT ONLINE Simply log on to www.orient-bank.com For details, ask any of our staff or; 0800 144551 (Toll Free) Available on PC, 0701 144551 (WhatsApp) [email protected] Tablet and Smartphone. 04 Orient Bank Limited Annual Report 2015 TABLE OF CONTENTS Overview Our profile 4 Our Delivery Channels and Products 6 Corporate Information 8 Governance Chairman’s Statement 10 Managing Director/ CEO’s Statement 12 Board of Directors’ Profiles 14 Executive Committee 18 Directors’ Report 19 Statement of Directors’ Responsibilities 20 Report of the Independent Auditors 21 Financial Statements Consolidated Statement of Comprehensive Income 22 Bank Statement of Comprehensive Income 23 Consolidated Statement of Financial Position 24 Bank Statement of Financial Position 25 Consolidated Statement of Changes in Equity 26 Bank Statement of Changes in Equity 27 Consolidated Statement of Cash flows 28 Bank Statement of Cash flows 29 Notes to the Financial Statements 30 Overview Governance Financial Statements 05 OUR PROFILE Orient Bank Limited is a leading private sector commercial Bank in Uganda. -
Do Not Bank on Us! Taking Stock of Transparency and Accountability During Crises in Uganda: the Case of Crane Bank Collapse
PROCEEDINGS OF THE INTERNATIONAL CRISIS AND RISK COMMUNICATIONS CONFERENCE MARCH 11-13, 2019, ORLANDO FL, USA Do not bank on us! Taking stock of transparency and accountability during crises in Uganda: the case of Crane Bank collapse Angella Napakol Uganda Christian University Mukono, Uganda Ann Mugunga Hong Kong Baptist University Hong Kong Abstract: This study examined transparency and accountability as bridges to the interpretative and sense making capabilities of the public following the collapse of Crane Bank, Uganda. Content and critical discourse analysis methods were used to: investigate the nature of communication, the information shared; review honesty and responsibility in communication, and also analyze how accountability and transparency are constructed during crisis situations in the South. Assessment of 120 newspaper articles showed that both Crane Bank and Bank of Uganda mainly left it to the media to create and give meaning to stakeholders. Initial communication from both institutions was delayed and subsequent communication was made in a casual, vague and dismissive manner. Transparency and accountability either as information disclosure, responsibility or mutual understanding to translate into sense making for the audience were grossly undermined. Most of the shared information was not aligned to the interpretive capabilities of audiences; and there was no effort to create a good image or influence the audience. The research underscores the importance of transparency and accountability as essential for creating trust in leadership and management, in order to better manage crisis and risk situations. Keywords — Accountability, crisis, sense making, sense giving, transparency ———————————————————————————————————— SUGGESTED CITATION: Napakol, A., & Mugunga, A. (2019). Do not bank on us! Taking stock of transparency and accountability during crises in Uganda: the case of Crane Bank collapse. -
Ranking of Commercial Banks in Uganda: a Comparative Analysis
International Journal of Multidisciplinary and Current Research ISSN: 2321-3124 Available at: http://ijmcr.com Research Article Ranking of Commercial Banks in Uganda: A Comparative Analysis Tebajjukira Annet and Dr. Joji Chandran Karunya University Business School, Mobile: +919042505708, Ph.D Management Associate Professor, Karunya University Business School, Mobile: 9447006541 Accepted 28 Nov 2015, Available online 08 Dec 2015, Vol.3 (Nov/Dec 2015 issue) Abstract The main aim of this study is to analyze the profitability ratios of the selected commercial banks in Uganda and rank the banks to find out which bank among the five is more profitable. The study is carried out for a period of eight years (2006-2013). The ratios have been calculated by the authors and the banks were ranked according to their overall means. The findings show that; in return on assets, Crane bank has the highest mean ((6.875) and is ranked first, followed by Centenary bank with a mean of ((4.7625) and DFCU bank is the last with a mean of ((2.9625). For return on equity, Stanbic bank is ranked 1st (41.8625) and DFCU 5th. In Net operating margin; Centenary bank is ranked 1st and DFCU 5th. In Earnings per share; Centenary bank is ranked 1st and Crane 5th. Keywords: Return on assets, Return on equity, Net operating margin, Earnings per share, JEL Code: G21, E59 Introduction composite rank table. The findings revealed that Punjab National bank was the most profitable bank in India. The main objective of this study is to analyze the Sarah Sanya and Mathew Gaertner (2012) assessed profitability ratios of the selected commercial banks and the bank competition within the East African community.