AI Issue 6 2017

Acquisition International - June 2017 53 Much More Than Simply Bean Counters He turns the spotlight onto two aspects of the firm’s industry experience, insurance plus tourism and hospitality. “In regards to insurance expertise, our teams have worked for long enough to have witnessed profound regulatory change resulting in unprecedented opportunity in the financial services sector. These changes include the lingering economic volatility technology-driven disruptions, legislative changes, rising consumer expectations, intense cost and competitive pressure. “Our team of industry professionals helps insurers navigate these challenges —and seize the strategic opportunities they represent. We help you find better answers by asking better questions about the most critical aspects of the business. Insurance in Uganda is now picking strength in Uganda and a lot of the middle class is embracing the industry. Very many insurance companies both regional and international are setting up offices in Uganda.” “In terms of tourism and hospitality, I would like to say that Uganda, known as ‘The Pearl of Africa’, has a tourism sector with several dominant local and international players. While this sector is a substantial source of Ugandan foreign income, it is also vulnerable regarding prices and perceived risks, such as disease, terrorism and political instability. “With our experience in the sector, enables us to advise numerous players spanning the entire industry value chain. We are adept at providing start up and SME hoteliers, including back packers on their compliance requirements, set up structures, systems advisory and assurance. Not to mention tax!”