Here is how to transform your internal audit department

Are you adding value as an internal auditor or you are just ticking and bashing and getting lost in the paperwork? In these pandemic times, you must claim your place at the highest table of decision making by providing consulting and advisory insights that transform your audit clients. To read the complete presentation we made

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No brand is an island why you need to undertake a survey

Are your customers talking good or bad about your Bank? When James Isoke went to open a savings account at a bank branch in his hometown of Kawempe, he told the salesperson he needed an account for his daily financial needs. He explained the account should be one where it’s easy to move money into

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Measurement of credit loses on credit impaired assets

Ultimate Sacco, well-governed microfinance adopted IFRS 9 at the start of 2019 to align her provisioning to best industry practices. At the time of adoption, Sacco’s loan book was performing well indicated by the few days in arrears on most clients. By the close of the third quarter of 2019, loan performance deteriorated. The Sacco

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Is the government afraid of cooperatives?

The cooperative movement in Uganda has contributed to tremendous success. A notable success story is the now Stanbic Bank, the undisputed market leader in Uganda’s banking sector with one of the most active counters at the Uganda stock exchange. Many of the current bread of politicians and businessmen (now in their advanced age) were educated

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The transformation of private security firms

The provision of private security guard services is one of the most lucrative businesses. In high crime cities like Nairobi, Johannesburg or Lagos, the business is very profitable, though excessively risky. In these cities, it is common for criminals to undertake high-risk missions like sealing off an entire commercial building, conducting a theft and air

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