Patrick Kubuya
His journey began in a small rural village in Kenya and has taken him to a senior position at the World Bank. Patrick Kubuya’s life story makes a compelling tale. ‘From growing up in poverty to being in a position to be able to do something about it,’ is the way he sees the trajectory of his life. It all started with his passion for numbers, and a strict grandmother, who taught him the value of hard work.
‘One of my most vivid childhood recollections is doing homework by paraffin lamp every night. Education was taken seriously in our home. It was seen as the door to opportunity and this truth has been borne out in my life.’
Kubuya obtained a B.Com (Hons) in accounting from Nairobi University in 1993 and was made a Kenya-certified accountant (CPA(K)) in 1995. ‘Accountancy was a good choice,’ he says. ‘I completed my B.Com classes on Friday and on Monday I was working at Ernst & Young Kenya.’
After six years in the trenches as an accountant on home ground, he was sent on a secondment to work in the technical department of the company’s Johannesburg office.
‘The move to South Africa was a total eye-opener. The size of the economy, the complexity of the transactions and the type of organisation was on a totally different scale to what I had been accustomed to back home, and I learnt an enormous amount.’
Five years later, however, Kubuya was ready to chart a different course with the knowledge and skills he had acquired working in private practice. ‘Working in accounting does not only provide you with the skills of the profession, it also moulds you as a person. Having come from a poor background, I was starting to ask myself about changing focus, about using my skills to contribute to poverty reduction. The public sector was becoming increasingly attractive to me, because the link between solid accounting standards and effective service delivery is so clear-cut.’
His next job was a perfect fit. He became the project director: public sector and Africa for the South African Institute of Chartered Accountants (SAICA). ‘In SAICA our primary aim was to work with government to help strengthen financial reporting. A key focus area was standard setting and accounting and auditing legislation. We also facilitated information sharing between our members and government, especially in training and development.’
In 2004 Kubuya obtained his ACCA professional qualification then went on to obtain a Masters degree in international accounting from the University of Johannesburg in 2008. Soon after, he was appointed as a senior financial management specialist for the African arm of the World Bank.
‘Finding concrete ways to enhance public sector financial management systems in Africa has become something of an obsession,’ Kubuya says, ‘and with the move to an international organisation like the World Bank, it became possible to engage with governments, regulators and professional accountancy bodies in Africa in a constructive way, encouraging fiscal discipline accountability and to ultimately, affect the responsible management of resources.’
He continues: ‘The need for strong financial reporting systems in the public sector goes to the heart of what makes governments effective. If budgeting systems are bad and internal controls ineffective, corruption and low levels of service delivery are the logical result. The link to poverty and social unrest is pretty obvious.
‘The importance of accountants cannot be overstated in what makes countries run successfully,’ he says. By way of illustration he cites Mauritius. ‘Numerous studies single out Mauritius as one of the countries in Africa with quality public financial management systems. There is sound economic stewardship and much higher fiscal transparency than almost anywhere else in Africa, excluding South Africa.
‘Can it be a coincidence that there are more than 1,500 qualified accountants on this tiny island? There is a direct link between the level of skills - specifically in accountancy and financial oversight - and how well a country works on various different levels.’
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Patrick Kubuya Biography
His journey began in a small rural village in Kenya and has taken him to a senior position at the World Bank. Patrick Kubuya’s life story makes a compelling tale. ‘From growing up in poverty to being in a position to be able to do something about it,’ is the way he sees the trajectory of his life. It all started with his passion for numbers, and a strict grandmother, who taught him the value of hard work.
‘One of my most vivid childhood recollections is doing homework by paraffin lamp every night. Education was taken seriously in our home. It was seen as the door to opportunity and this truth has been borne out in my life.’
Kubuya obtained a B.Com (Hons) in accounting from Nairobi University in 1993 and was made a Kenya-certified accountant (CPA(K)) in 1995. ‘Accountancy was a good choice,’ he says. ‘I completed my B.Com classes on Friday and on Monday I was working at Ernst & Young Kenya.’
After six years in the trenches as an accountant on home ground, he was sent on a secondment to work in the technical department of the company’s Johannesburg office.
‘The move to South Africa was a total eye-opener. The size of the economy, the complexity of the transactions and the type of organisation was on a totally different scale to what I had been accustomed to back home, and I learnt an enormous amount.’
Five years later, however, Kubuya was ready to chart a different course with the knowledge and skills he had acquired working in private practice. ‘Working in accounting does not only provide you with the skills of the profession, it also moulds you as a person. Having come from a poor background, I was starting to ask myself about changing focus, about using my skills to contribute to poverty reduction. The public sector was becoming increasingly attractive to me, because the link between solid accounting standards and effective service delivery is so clear-cut.’
His next job was a perfect fit. He became the project director: public sector and Africa for the South African Institute of Chartered Accountants (SAICA). ‘In SAICA our primary aim was to work with government to help strengthen financial reporting. A key focus area was standard setting and accounting and auditing legislation. We also facilitated information sharing between our members and government, especially in training and development.’
In 2004 Kubuya obtained his ACCA professional qualification then went on to obtain a Masters degree in international accounting from the University of Johannesburg in 2008. Soon after, he was appointed as a senior financial management specialist for the African arm of the World Bank.
‘Finding concrete ways to enhance public sector financial management systems in Africa has become something of an obsession,’ Kubuya says, ‘and with the move to an international organisation like the World Bank, it became possible to engage with governments, regulators and professional accountancy bodies in Africa in a constructive way, encouraging fiscal discipline accountability and to ultimately, affect the responsible management of resources.’
He continues: ‘The need for strong financial reporting systems in the public sector goes to the heart of what makes governments effective. If budgeting systems are bad and internal controls ineffective, corruption and low levels of service delivery are the logical result. The link to poverty and social unrest is pretty obvious.
‘The importance of accountants cannot be overstated in what makes countries run successfully,’ he says. By way of illustration he cites Mauritius. ‘Numerous studies single out Mauritius as one of the countries in Africa with quality public financial management systems. There is sound economic stewardship and much higher fiscal transparency than almost anywhere else in Africa, excluding South Africa.
‘Can it be a coincidence that there are more than 1,500 qualified accountants on this tiny island? There is a direct link between the level of skills - specifically in accountancy and financial oversight - and how well a country works on various different levels.’
Patrick kubuya songs are included in Boomplay music playlists. Search to stream and download Patrick kubuya songs MP3/ single/ albums on the platform.
Follow Boomplay and keep up-to-date with the latest Patrick kubuya songs and information.
Comments (9)
New Comments(9)
174050952
159551841
Nice
Dee Classic (Dee)
mungu akuongoze baba
Nikita georgial
your songs are such a blessing with a strong message
Barbra Onyango
the message in your music takes me to heaven
Gebnus Mendrad
umefanya vizur MUNGU akupe nguvu zaidi
Q Presha
shukurani kwa bwana
Brighton louiz
love your music
Brighton louiz
fav always
FAQs about Patrick Kubuya
Where is Patrick Kubuya from?
He is from Democratic Republic of the Congo.
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