Who is the leader in Telecommunication innovation in Uganda? You got it right? MTN Uganda Who is the most innovative revenue authority in East Africa, and one of the top five in Africa? Again, you got it right. Uganda Revenue Authority. Who is most innovative healthcare provider in Uganda? You’re spot on again: Infectious Diseases Institute Who is the best known brand in banking? You’re brilliant, Stanbic Bank. Who is the leading utility provider in Uganda? Great, Umeme Ltd. And who does MTN Uganda, Uganda Revenue Authority, IDI, Stanbic Bank and Umeme chose as a consulting partner for fraud, forensic…
Are you spending within your means? costs vs high income
On 12th March 2010, Alex Biribonwa attended one of our Unlock Your Potential entrepreneurs’ forums. He invited us to his business offices to advice on business growth. He was dealing in selling wall construction materials of all types. He had a high turnover of about US $50,000 monthly. However, his cost structure was about US $36,000 excluding the factory rental costs which he often paid 12 months in advance. His business, although with high turnover, was not increasing his net worth. He was just surviving with no clear strategy to turning the business around. Write this down: High income is…