Banking is transforming so fast to something like where it all started: few people in the banking hall. However, in the early 1980s few people in the banking hall were driven by the lack of access and affordability of financial services. Owning a bank account was a preserve of the very few privileged technocrats. Folks who had the means to pay bank charges and save. Banking was done manually with big ledger books. Transaction turnaround time lasted over three hours. Despite the inefficiency, there were always few people in the banking hall. Today, banking is being driven by convenience and…
Best of WhatsApp: Presidental Address
As per the Uganda Government Presidential address over the status of covid-19 in our country, it is evident that schools (pri & sec) are to reopen the next year 2022. (No specific time frame) Over the same, I, therefore, have this to say: 1. Take heart. Relax and be positive towards life because all will come to pass. 2. It’s time for us to live a real life! A genuine and simple life, not that of pretence, except those with other sources of emoluments. 3. When you’re in dire lack please make a loud call for rescue. There is always…
Why pay annual fees to international professional bodies?
With a heavy heart, today I paid over the US $120 fees to an international professional body as an annual membership fee. Why pay all that money during these tough pandemic times, you may ask. And you are right to ask. I find this kind of annual payment some form of fraud. In the past, I would ‘waste’ such money on over seven professional bodies. I scaled it to two of which one is for the local professional body, as membership is critical to developing the local professionals in our country. This I pay with one heart. The country needs…
Winning with the Parish Model and Emyooga initiatives
The NRM story goes — the focus of this Kisanja2026 is transformation. To transform is to cross “form” – from one form to another. The transatlantic helps you cross the Atlantic Ocean. The Transfiguration of Jesus is an event where Jesus is transfigured and becomes radiant in glory upon a mountain. The Parish model and Emyooga initiatives transformation are intended to promote savings, household support to enable people to cross “form” from poverty to middle income, the specifics which have been clearly defined in the National Development Plan 3 (NDP III), that feeds well into vision 2040. The transformation agenda…
Higher qualification: Certified Fraud Examiner
Which academic qualifications do you need to do to achieve career aspirations in your life? One such qualification is Certified Fraud Examiner (CFE). This is one of premier qualifications administered by a global body; Association of Certified Fraud Examiners. I want you to take a moment and understand why you need CFE. When you are sick, you go to the medical doctor. When you want to get new knowledge, you look for a teacher. When you want to express an opinion on your financial statement, you seek an external auditor. But where do you go when you want to determine…
Do pre-qualification bids work?
#mindspark. I need guidance. Many times my company receives requests for pre-qualification bids, where you are required sometimes to pay a fee to apply to be prequalified so you may bid to provide services in the future. Do pre-qualification bids work? Educate me. In the past, I would commit time and resources to pre-qualification building until I realized it was another wastage of our time and resources. If a company wants to work with a specific vendor, they will do all it takes to get the vendor to apply even if they had not been pre-qualified since the law or…
