The company received the award for its high revenue contribution and full compliance with tax regulations, both in filing and payment.
CCBU clinches top tax payer award
Beverages company Coca-Cola Beverages Uganda (CCBU) has been recognized for its contribution to Uganda's economy and commitment to ethical business practices by winning the Uganda Revenue Authority (URA) Taxpayers Awards.
As a subsidiary of Coca-Cola Beverages Africa, CCBU received the Excel Award, underscoring its dedication to excellence and its substantial role in fostering Uganda's economic growth through responsible tax adherence.
Kirunda Magoola, the Director of Public Affairs, Communications, and Sustainability at CCBU, emphasized that the award signifies the company's steadfast commitment to ethical business conduct and responsible citizenship.
Magoola highlighted the company's belief in positively impacting the communities it operates in, emphasizing its dedication to making a meaningful difference in Uganda's economic landscape.
“We believe in contributing positively to the communities in which we operate. This recognition reflects our commitment to making a meaningful impact on Uganda's economic landscape," Magoola said.
In addition to its financial contributions, she said the company has actively participated in various corporate social responsibility initiatives.
These include partnerships aimed at empowering women, supporting disabled girls' education, promoting talent through sports events for people with disabilities, and collaborating with other corporations to combat plastic pollution.
CCBU has played a crucial role in job creation, providing employment opportunities and facilitating skills development at its four plants, employing more than 900 individuals. The company has also offered internship programs and full-time employment through its Graduates in Training initiative.
Magoola emphasized the company's commitment to leveraging its industry leadership to drive positive change and build a more sustainable future. He highlighted the importance of creating shared opportunities for both the business and the communities they serve across Africa.
“We aim to create greater shared opportunity for the business and the communities we serve across the value chain. Opportunity is more than just money, it’s about a better future for people and their communities everywhere on the African continent.”
He also noted that the company will continue making a positive and lasting impact through a focus on sustainability, innovation and community engagement through its operations.
This year, the company also won four awards in the 13th annual Brand Africa: Africa’s Best Brand Awards, in which it was crowned most admired brand in Uganda, named one of the top 10 most admired brands (doing good for people, society and the environment), most admired non-Uganda brand (non-alcoholic beverages) and most admired brand (non-alcoholic beverages).
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