MTN Uganda and ICPAU Reward Accountants at Monthly Golf Edition

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MTN Uganda continued its tradition of celebrating excellence and partnerships at the May edition of the MTN Monthly Tee, held at the scenic Entebbe Club. This special edition, dubbed the “Next Gen Accountants Edition,” honoured the vital role of professional accountants and celebrated the long-standing contributions of the Institute of Certified Public Accountants of Uganda (ICPAU).

Hosted by MTN Uganda’s Chief Financial Officer and avid golfer, Andrew Bugembe, the event brought together golfers, business leaders, financial experts, and media under one unifying theme: “Together, our Compliance is Unstoppable.”

The MTN Monthly Tee is a monthly highlight on the local golfing calendar. However, this edition stood out for its focus on professional compliance, financial integrity, and the evolving role of accountants in today’s digital economy. The event paid tribute to the ICPAU — Uganda’s national professional accountancy body — whose mandate under the Accountants Act includes regulating the standard of accountancy and conduct of accountants in Uganda.

Speaking at the vibrant 19th Hole Celebration, Andrew Bugembe remarked:

“Accountants are the silent guardians of financial transparency and business sustainability. This Monthly Tee is our way of recognizing their invaluable contribution. As MTN, we believe that when compliance meets innovation, we unlock real progress. That’s what makes our partnership with ICPAU so timely and relevant.”

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Bugembe emphasized that MTN Uganda’s continued investment in digitization, AI, and financial systems relies heavily on strong accounting practices. “We celebrate the individuals and institutions who ensure financial integrity, often behind the scenes, but whose work is foundational to Uganda’s economic progress.”

Speaking at the event, CPA Ronald Mutumba, the Vice President of ICPAU, emphasized the urgency for utilising the services of professional Accountants.

“Accountants have a fundamental duty to serve and honor the public trust, and this requires a grounding in professional knowledge, skills and agreeing to being regulated,” said Mutumba.

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“Additionally, membership of the national Professional Accountancy Organization is key to reinforcing compliance with national laws and reaping significant career milestones as we develop our country,” Ronald added.

He further acknowledged the significance of sport in nurturing versatile professionals, thanking MTN Uganda for the partnership.

“ICPAU is pleased to partner with MTN Uganda in organizing the Next Gen Accountants golf edition,” he said.

“As a membership organization, we believe that physical well-being is a critical component of a member’s professional development, and while at it, we engage and build our social capital,” added Ronald.

Beyond the formalities, the day saw spirited competition on the green, with exceptional performances from golfers across various categories. The top players of the day were later recognized during the prize-giving ceremony at the 19th hole.

Below are the winners of the MTN May Quarterly Tee:

Category

Winners’ Name

  Score

Overall Winner

Moses Ssebugwawo

71

Overall Winner Ladies

Esther Aganyira

62

Guest Winner

Dennis Ankundda

65

Seniors Winner 55+

Edward Kabuchu

69

Winner Ladies

Peace Hellen

68 C/B

Runner up Ladies

Edith Wamalwa

68

Group A Winner Men

Robbins Mwehaire

68

Group A Runner Up

Andrew Baguma

71

Group B Winner

Apollo Segawa

64

Group B Runner Up

Edwin Tabaro

69 C/B

Group C Winner

Arthur Arinaitwe

69 C/B

Group C Runner up

Lloyd Busuulwa

69 C/B

The event served as a reminder of how accounting, often called the “language of business,” continues to evolve in the digital age. From cloud-based systems to AI-powered bookkeeping, technology is reshaping financial reporting and decision-making. Yet at the heart of it all are professionals — like those celebrated at the MTN Monthly Tee — who ensure accuracy, transparency, and ethical compliance in an ever-changing world.

MTN Uganda reaffirms its commitment to supporting professionals and industries that move Uganda forward. With partners like ICPAU, the company believes the future of digital finance and ethical business is not only bright — it is unstoppable.

MTN Uganda is a leading telecoms company in Uganda with a primary objective of carrying on the business of a national operator of a telecommunications network pursuant to the National Telecommunications Operator (NTO) licence granted by the Uganda Telecommunications Commission (UCC). Among our offerings are network services, digital and financial technology services, interconnect and roaming, sale of mobile devices, and MTN Mobile Money (conducted through subsidiary MTN Mobile Money Uganda Limited). MTN has a presence in all 134 districts of Uganda. Services are delivered through a network of over 202,000 MoMo agents, 382,000 MoMo merchants, 200 service stores and 13 main distributors. For the full year period ended June 30, 2024, MTN Uganda had 20.7 million subscribers, 12.5 million MoMo users, and 8.8 million active data users.

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