Orange has reportedly hired a consultant to advice on exiting from the African market. According to TMT finance. This follows intense competition as a result of acquisition of Warid by Airtel.
While at Orange Uganda’s head offices recently, I saw some people who acted and looked like auditors (I think from KPMG UK office) [I once worked at KPMG and EY, I know how these guys behave when they are around for something like a DD – Due Diligence]. I later got to understand that they were doing a review of the books (due diligence) and other relevant facts about subscriber base, data numbers, market share, infrastructure investment, staffing and other critical deal maker or breaker information.
Article in brief
Today we celebrate the International Womens day. What a special day it is.
It is tough to imagine life without Women. The special ones are of course my first and only wife, Audrey Amumpaire; she keeps tolerating my shortcomings and has helped me grow into a man. “Almost is not enough. You must win or you must win”, this advice from my wife has helped me in many ways most of all to choose my battles wisely. If I know I don’t have what it takes to win the war, there is no reason of getting into it in the first place.
If you are a Non-Governmental Organization (NGO) and have donor support from funders in United States or European Union, chances are that your company directors/ founders are no longer sole signatories on your NGO bank accounts.
You now have a fund manager, usually a partner in a local firm affiliated to an International firm, as a co-signatory on the bank account into which donors deposit the money.
This development has come following increased accountability issues over the use and application of donor funds. As African countries get on the spot light over misuse of donor funds for personal benefit by the NGO directors and financial managers, donors are implementing some controls to ensure value for money or make it difficult for NGOs to steal the funds.
Inflation, taxes, bills and loan payments: Is your home caught up in this economic web? Tales of the past festive seasons might befall your home this time round as your children speak of how they “used to enjoy” and not “how they are enjoying” it. Silencing them will be quite hard unless you are resorting to using lashes under the pretext of claiming they have “bad manners”.
Football is a game of goals. Scoring is the team’s key result area (KRA). Things like possession; kilometers covered, fouls committed, clinical passes completed, and a plethora of other factors are just details.
If you cannot score, you cannot win a match. Period.
And that is how Man U has become a shadow of its former self. These lads cannot score goals.
Whether you are successful or not, you will receive a request to lend money from a family member or relative. The problem with lending relatives or a family member is that they take the loan as a grant and will most likely default on the loan.
It is recommended that you always treat the loan as a business transaction. That will increase the likelihood that you will be paid.
You are advised to first think hard whether you can afford to lend the money. The basic financial advice is to “always lend what you can afford to lose.” If the other person fails to pay you, will you jump your loan repayments or be thrown out of the office due to failure to pay rent?