Suddenly, a loud bang in the bonnet swept through inside the car. The steering wheel became very hard to maneuver like that of a car whose Engine is off. Keep in mind I was cruising at 110km/hr, on the wheels behind the Subaru Impreza WRX STi Sport. I gathered all my energy and tried to keep the light car, now very hard car on the road. And finally it came to a stop. I am grateful I got out intact. Have you ever had a close call with death? It is times like these we reflect and appreciate the gift…
Crossing the Ethical Boundary part 1: Insights from a fraud investigator.
• Ethics -¬ all rules and expected behaviors that govern our professional lives, and work practices as established by Companies we work in. • Morals – are personal credo how we govern ourselves when we know no one is watching or what we do,It is part of onesconscience and personal set of rules. • Bad people do not become bad over night, they first flirt with the idea “of crossing the ethical line” even when morally you know it is wrong. Small steps lead to larger ones, no repercussion. Gain more control, and the lines are blurred. Then no going…
ISACA Uganda- IT Governance: Towards effective enterprise-wide security
Sustaining business growth through effective cyber security strategies requires mindset change, where leaders think pragmatically about governance and ICT security. You are not sustainable if you are highly vulnerable to security exposures and incidents. Business sustainability is the ability to continue normal operations even after a major adverse security incident. This calls for IT Governance that works. How do you implement robust IT practices and remain resilience? How do you keep hackers off your network? Do you practice the five pillars of good IT governance? Are you security reactive or proactive? Our next topic is:IT Governance; towards effective enterprise-wide security.You…
What the Olympics medals table reveal
Team Uganda returns from the Rio2016 Olympics empty handed. It is unlikely that there will be a crowd, as usually is the norm, when a medal has been won, waiting for them at the Entebbe International Airport for our gallant sports men and women, who ably represented the country. Showing up is one thing. Winning a medal is a different ball game. The investment and effort required to get a medal is advanced. Below is an extract of the medal table. Burundi, a country that has been besieged by political uncertainties and rebel insurgencies, managed to win a medal and…
The Willpower to succeed
To succeed, you must lose the fear of failure. It is so unfortunate that many people do not want to hang around failures. On 22nd July 2016, different media outlets published a list of over 66 companies that they claimed are facing financial hardships and are seeking a bailout from government. The list included large companies involved in manufacturing, mining, hospitality and education. In the Uganda Vision 2040, manufacturing, mining, education and tourism are some of the core identified priority sectors for economic growth. The list contains companies linked to executives who have been at the forefront of entrepreneurship in…
Distressed Companies in key sectors; fact or fiction?
These are turbulent times for Uganda’s economy. With decreased growth of the economy, many big companies are said to be choking in debt setting the stage for the debate – should the Government bail them out? In the past weeks, the media has been awash with various theories and even causing the Government to weigh in the debate. But the answers have been more confusing adding to the mystery. In this month’s issue our panel of experts offer in-depth insights about our economy and provide views on the possibility of bailing out the struggling ‘giants’. The economy is heading into…