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  • #WinningMindspark

    Double Your Money – Reflections on the Life of a Ugandan Agro Businessman

    September 12, 2020 / No Comments

    Aga Sekalala Snr’s brilliance for business and risk-taking shines in this compelling easy to read 175 pages book. In the first quarter of Aga’s biography, he recounts how a chance encounter with Joseph Nyerere, brother to Tanzania’s statesman Julius Nyerere, a great Pan- Africanist, changed the course of his life. Just like that, “Joseph unexpectedly asked me whether I would represent them at a conference in Denmark, despite not being Tanzanian…” Thanks to Joseph’s recommendations, Aga applied and got a British passport. And on he travelled to Denmark and got the opportunity to traverse Europe which changed is life’s perspectives…

    Read More
    M. B. Mugisa

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  • #WinningMindspark

    CERUDEB’s jaws ratio – an ongoing battle

    September 11, 2020 / No Comments

    Figure 1: CERUDEB’s jaws ratio year-on-year If you follow the developments in the banking sector, you could have noticed published financial reports by banks as 1st May 2020 approached. At Summit Consulting Ltd’s summitBI, we collect and publish the annual banking sector report.  Based on our analysis, 2019 was a year of mixed fortunate for banks, see Figure 2.  Seven banks made losses, two more compared to 2018. Keep in mind there was no coronavirus in financial 2019. Based on the published financial statements, the industry average cost to income ratio was 81.4%. That means for every Ugx. 100 made…

    Read More
    M. B. Mugisa

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  • #WinningMindspark

    Feed the brain, to feed the stomach…

    September 11, 2020 / No Comments

    I have fond memories of my early life because I was brought up by a woman, my mother, who never tolerated laziness. Her favourite advice was always: “don’t feed the stomach before the brain. When the stomach is empty, it makes the brain think. When the stomach is full, it makes the brain to switch off.” By feeding the brain, she wanted us to read first before eating. She always encouraged the right behaviours (going to school and doing house chores) despite having not gone far in studies herself. Thank God she was educated, not trained. She knew what critical…

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    M. B. Mugisa

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  • #WinningMindspark

    Don’t wait to be 100% ready to start…

    September 11, 2020 / No Comments

    Preparation is important. However, starting is the secret to winning. Never wait to be 100% to start. I have seen people with ambitions to publish a book, only to spend over 10 years in research. Even when they complete, they never publish the book. Always worried about what the readers will think. Always judging themselves. There are always people having a bad day and will always take it on you. Once in a while, you will receive an email unsubscribing from your mailing list. For some folks with poor self-esteem and business focus, they become so discouraged and frustrated by…

    Read More
    M. B. Mugisa

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  • #WinningMindspark

    How do you solve 18 x 5? Apply the approach to your life and win

    September 11, 2020 / No Comments

    Amazon analytics recommended to me a book titled “Mathematical mindsets. Unleashing the students’ potential through creative math”, based on my interest in the subject according to my purchase history. This book is a gem. I recommend you find a copy and read. You get insights to be open-minded. There are several methods to solve a math problem if you are open to learning. And no wonder math underpins all creative minds as it powers one’s brains with logic. We are taught that to solve the problem, first know the principle. That way, you can find so many more ways of…

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    M. B. Mugisa

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  • The Best From WhatsApp Groups

    PLEASE KEEP NAGGING THE CHILDREN

    September 9, 2020 / No Comments

    Please read this carefully and get your son or daughter to read it too (where possible, or preserve to practise). This post is about what happened in a typical middle-class household. The son didn’t like living in his father’s house. This was because of his father’s constant ‘nagging’: “You are leaving the room without switching off the fan” “The TV is on in the room where there is no one. Switch it off!” “Keep the pen in the stand; it is fallen down” The son didn’t like his father nagging him for these minor things. He had to tolerate these…

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