Stodacom

Stodacom Africa.
Industry corporate investigation
risk consulting
Founded 2006 (2006)
Founder Musika Stodart
Headquarters Kampala, Uganda
Key people
Stodart Musika,
CEO
(Stodacom Africa Inc)[1]
Number of employees
205
Subsidiaries SADpoint
Website www.stodacom.com

Stodacom Africa is an African corporate investigations, risk consultancy and geopolitical intelligence firm based in Kampala, Uganda working directly from more than 30 African countries. Stodacom Africa was established in 2006 as Stodacom Uganda Limited and started work in 2006. The company is known for investigating high-profile corruption and general investigations cases on the continent.

History

Stodacom Africa was founded in 2006 by Musika Stodart while a student of Statistics at Makerere University Uganda. It started as a small corporate investigations firm, It was then operating in Kampala business area. During that time the company was only offering specific services in pre-employment screening and insurance claims investigations. Stodacom only worked on international clients from outside Uganda later in 2007, the company has since evolved to be the best research and investigations corporate firm on the African continent.

Geographic locations

Stodacom is headquartered in Kampala Uganda, with regional offices in Lagos,Port Louis,Kigali,Lusaka,Cairo,Algiers,Pretoria, and Accra. Kampala office serves as its headquarters while Cairo office serve as regional office for Maghreb region and Lagos office oversee operations in west African countries. Stodacom Africa's South African operations are coordinated by its office in Pretoria and Harare. The company is believed to be operating in almost all African countries though a network of field personals.

Core services

Stodacom's core activities and services offered include:

Intelligence

Stodacom Africa's geopolitical intelligence platform is most valued on the continent, with revenues derived from individual and enterprise subscriptions to Africanview from advisory work for corporate clients.[2]

Political risk analysis in Africa

Stodacom PRAA services provided include design and delivery of political risk analysis and corruption prevention programs, undertaking transaction-related due diligence and agent screening, managing whistleblower hotlines and conducting investigations into allegations of impropriety.

Due diligence services in Africa

Stodacom Africa's DDS involves planning, implementing, measuring, and monitoring integrity and compliance programmes; selecting and managing the integrity of suppliers; and selecting and ensuring compliance in sales channel compliance.[3]

Background checks in Africa

Stodacom Africa's Background Screening division provides screening services for areas such as employment, supplier selection, investment placement and institutional admissions. Stodacom's Background Screening division also includes the SADpoint unit, which specializes in identity theft protection and identity restoration services.[4]

Operations

Stodacom Africa is one of the largest independent research and investigations firm doing research and general investigations in Africa. The company has interests in over 26 African countries and focuses on four regions: East Africa, West Africa, South Africa and North Africa. The company has works directly from four continents and other developing countries, known ones include Kenya, South Africa, Nigeria and Egypt. In 2011 October Stodacom was known to be the best professional firm in core due diligence and political risk analysts in Africa, this made the company acquire big contracts with USA, China, United Kingdom and French-based fortune companies.January 2013 the company rolled out operations in all African countries with four regional offices coordinating its operation on the continent.[5]

Data storage allegations

It was widely published in UK and USA media that Stodacom Africa has at its disposal millions of personal data on many African nationals in Africa and in foreign countries. The company, by that time, was a monopoly in completing background checks on the continent, they came out to rubbish these allegations stating that " ...We do not keep personnel information after completion of task....". These allegations are still rumors as no evidence has ever surfaced to ascertain the existence of such big data held by the company.

Management

Stodacom is managed by a Ugandan researcher and businessman Mr.Stodart Musika, the founder of the company who has been at the company helm for more than ten years now is believed to be an expert in geopolitical intelligence. The company is known for employing top experts in risk management, sociologists, physiologists, economists and legal persons in Africa. Stodacom is known to employ majorly former government officials in Magreb region as its data analysts center in Tunis.

Managers:

  • Mr. Musika Stodart Company Director
  • Miss Magrate Sali Company Finance officer
  • Mrs. Moreen Katushabe Company regional monitoring Director
  • Mr. Mbahunde George Company Research and Investigations Director

References

  1. "Stodacom Africa People". Stodacom Africa.com.
  2. "East Africa GRC Summit - Partners". info.accelus.thomsonreuters.com. Retrieved 2016-06-22.
  3. "Africa Due Diligence". Africa Business Review.com.
  4. "Commonwealth Partners". The commonwealthofnations.com. Retrieved 2016-10-14.
  5. "Uganda Research and Investigations firm leading". Africa. Business. Communities.com.

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