In 2015, Commercial Court Justice Christopher Madrama ruled in Katuntu vs Mtn Uganda Ltd & Anor that mobile money services offered by telecommunication companies, although acting as financial institutions lay outside the purview of the Bank of Uganda. This development prompted lawyer Mathew Kiwunda to sue the Attorney General, to prohibit government from continuing to levy, impose and collect taxes on all mobile money transactions in the country until proper legislation is enacted. Prominent lawyer, Fred Muwema has also put his gloves on in the ring and has threatened to sue the state, arguing that passing the mobile money tax…
The state of cybersecurity in Uganda
A discussion with Mustapha B. Mugisa, of mustaphabm3.sg-host.com. 1. How safe are businesses/individuals online? Starting with businesses, their safety is guaranteed if and only if they are engaged and actively assessing and probing their infrastructure and systems for vulnerabilities in small time frames like once every 4 to 6 months due to the dynamic element of discovered vulnerabilities and bugs in systems and software. Most of the leaders may not be paying attention to cyber security at all. When it comes to physical security, leaders are paying attention and you can see that in the presence of security guards, bio-metric…
You improve what you measure. Here is why micro-monitoring ticks
Regardless the size of your business, you must practice micro-monitoring to avoid small challenges and misses from becoming huge. You want to implement a system where issues are identified instantly and rectified. Unlike micromanaging where you ask people to do something and show them how they should do it and the money they should spend, in the process you undermine their own intelligence and their ability to provide you with innovative ideas to grow your business. With micro-monitoring, you tell your staff your expectations of them (targets) and ask them to give you a work plan showing clearly the key…
Is your strategy executing you?
“A poor strategy executed well is always better than a great strategy executed poorly.” — Michael Porter Strategy means choice. Unfortunately, many companies have a document labelled strategy. But when you ask “what is the strategy in your strategic plan” all they show you is a research paper full of great internal and external analysis using models like SWOT, PESTLED, Michael Porter’s 5 Forces and lots of the stuff. When you keenly analyze, you discover a missing link: lots of analysis but no relationships. Strategic choices are not properly informed by the analysis made. The measure of a great strategy…
