The Accountant-May-June 2017

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KAMPALA ««««« PICTORIAL PROGRESS REPORT NOV. 2015 TRAVEL KAMPALA ««««« PICTORIAL PROGRESS REPORT NOV. 2015 KAMPALA There was stiff competition from among international hotel management companies to add the hotel to their portfolio, Rezidor’s offer to designate the hotel as the launchpad for the Quorvus Collection brand in Africa is one of the key factors that put them ahead of their peers. In a single stroke, they have been able to establish themselves as the group that other hotel chains will have to try to match. In striving to set a new standard, Hamid has created a small city within the city, straddling the biggest plot in the centre of Kampala, with its own electrical power station to give total 24-hour backup in the event of a mains failure, to run the guest rooms, restaurants, kitchens, bakery, laundry, and communications, and to operate the twelve lifts that serve the complex. Apart from the indoor swimming pool in the spa area, there are three outdoor swimming pools cascading down the landscaped grounds of the hotel, overlooked by both the main specialty restaurant and the pool bar, which are housed in a two-storey wing beside the main tower. There are other restaurants and dining areas in the main tower, with a massive self-contained ballroom in the deep lower ground floor, with a VIP prefunction room above it. The executive lounge in the centre of the ground floor gives on to one of the hotel’s many paved terraces, which are also a feature of the sports bar beside the entrance atrium. Although many modern hotels have reduced the size of their business centres, or done away with them altogether, the Pearl Of Africa has taken the opposite tack, with a huge business centre and three adjacent lounge areas beside the lift lobby on the mezzanine floor of the hotel, which also houses nine different meeting and breakout rooms that can accommodate conferences, cocktails, and business presentations. Although meetings and conferences are being heavily promoted in Uganda, and are becoming increasingly important revenue earners for the hospitality industry, it is social functions on a Hollywood scale for which Kampala is unique in East Africa. One manufacturing company famously n AYA Investments Uganda Limited A x 68 MAY - JUNE 2017 AYA Investments Uganda Limited
TRAVEL held an all-day party for 2,000 guests just to launch a new brand of bathing soap. With this in mind, the Pearl Of Africa has positioned itself to set a new record in scale, with the capacity to host four functions of more than 1,000 guests each at the same time, both indoors and outdoors, in the ballroom and the gardens, all being catered from different kitchens, with different menus. It is the different menus, spanning African, Asian, European and Middle Eastern dietary preferences, that will create many more jobs than the 2,000 people directly employed on the premises. Suppliers will be needed for specialty foods, fruits, and vegetables, and several hundred more jobs will be created in the AYA Investments companies Uganda supplying Limited goods and services to the Pearl Of Africa. “Job creation and technology transfer were two of my primary objectives in building this hotel,” said Mohammed Hamid, “Ugandans are well-educated, and quick to learn, and exposure to the systems and training of Carlson Rezidor will help them to achieve more professional advancement in the future, while building Uganda as a market leader in leisure, business, and conference tourism.” AYA Investments Uganda Limited Job creation and technology transfer were two of my primary objectives in building this hotel,” said Mohammed Hamid, “Ugandans are well-educated, and quick to learn, and exposure to the systems and training of Carlson Rezidor will help them to achieve more professional advancement in the future KAMPALA ««««« PICTORIAL PROGRESS REPORT NOV. 2015 KAMPALA ««««« PICTORIAL PROGRESS REPORT NOV. 2015 ak KAMPALA ««««« PICTORIAL PROGRESS REPORT NOV. 2015 aj AYA Investments Uganda Limited AYA Investments Uganda Limited MAY - JUNE 2017 69
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TABLE OF CONTENTS 26 COVER STORY Wi
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EDITORIAL Dear Reader, The matter o
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Financial reporting and assurance T
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Financial reporting and assurance T
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Business Practice and Development I
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Business practice and development O
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Economy THE IMPACT OF HYPERINFLATIO
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Management THE POWER OF PERSUASION
Page 20 and 21: MANAGEMENT UNDERSTANDING THE RISK M
Page 22: MANAGEMENT Gor Mahia fans engaging
Page 25 and 26: Finance and Investment will also ne
Page 27 and 28: Information Technology DATA GOVERNA
Page 29 and 30: COVER STORY Daniel Susskind, a lect
Page 31 and 32: CPA Centre TO LET Structure • Ele
Page 33 and 34: governance the generation of a plan
Page 35 and 36: Public Policy Auditor General Edwar
Page 37 and 38: Public Policy and ensure government
Page 39 and 40: WORK PLACE If you are in the catego
Page 41 and 42: WORK PLACE Wherever, you find yours
Page 43 and 44: WORK PLACE Does this thought ever c
Page 45 and 46: WORKPLACE working remotely and bein
Page 47 and 48: WORK PLACE Being self-employed mean
Page 49 and 50: INSPIRATION don’t always come tru
Page 52 and 53: SOCIETY POSTPARTUM DEPRESSION IS A
Page 54 and 55: SOCIETY immediate family members an
Page 56 and 57: ENVIRONMENT Society in collaboratio
Page 58 and 59: HEALTH DEALING WITH CONSTIPATION Co
Page 60 and 61: HEALTH lower back, using your arms
Page 62 and 63: TID BITS Below are selected article
Page 64 and 65: BOOK REVIEW Reviewed by Angela Muti
Page 66 and 67: STAR OF THE MONTH STAY FOCUSED A gr
Page 68 and 69: TRAVEL By Clive Mutiso, clivemutiso
Page 72 and 73: ACCOUNTABLE RECIPES By Sharon Gaton
Page 74 and 75: PEN OFF questions effectively open
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The Accountant-May-June 2017

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