Running a business during these coronavirus times is like driving a car at night in heavy rains on a road without road marks. The journey becomes so uncertain and frustrating. Other drivers may choose to park and wait. Others take calculated risks. While others turn on the driver-assist computer in the car for night vision and they continue driving steadily. This is what is happening. The times are uncertain and ambiguous. There is just too much information on the Internet about the pandemic that the only best thing is to focus on living and surviving that worrying about what is…
Pharmaceutical Society of Uganda wins Big in the High Court
Hon. Justice Ssekaana Musa has ruled that “the inclusion of pharmacies and drug stores among the areas of issuance of trading licenses is illegal and contrary to the National Drug Policy and Authority Act and it conflicts which specific legislation. Where two legislations conflict i.e between general legislation and specific legislation, the specific legislation overrides the general legislation on the subject matter. Generaliabus specialia derogant or Generalia specialibus non derogant. No latter general Act can prevail over an earlier special Act. Meaning general things do not derogate from special things. See Eaton Towers Uganda Limited v Attorney General & Jinja…
A holiday within a holiday, #covid19 rising in Uganda, as IMF approves loan…
Kampala – 7th May 2020. Around this time of the year, schools break-off for holidays. Uganda, like the rest of the world, normally requires all primary, secondary, technical/schools, and polytechnics to observe the school holidays (Table 1). During holidays, students break off from school to be with family and friends and learn from their parents. The Ministry of Education and Sports of Uganda had planned the first term holidays to start on 2nd May 2020. So, we are now having holidays within the holidays since students were sent home earlier. Table 1 indicates the school holidays that had been planned.…
UBA Uganda changes strategy becomes profitable…
Transparency is the best business. And no one can talk about good governance without transparency. To this end, banks in Uganda are required to publish their audited financial statements within four months after the end of the financial year i.e. by 30th April of the following year. Detailed publication of the key information about the performance of the business over the past 12 months and the statement of the financial position as at the year-end helps stakeholders make informed decisions. During quarter one of 2020, many banks published their audited financial statements in compliance with the regulatory provisions. Some banks…
What makes a great team member?
Performance is the number one quality that separates the average staff from an exceptional one. It does not matter the economic times or conditions; all leaders will hold on to their exceptional staff. The role of any leader is to attract the best staff to join his or her team. And once they join, to keep them, as s/he lets the average or non-performers to go. The primary role of the leader is to set the vision and find the right team to deliver it. Anyone who does not fit is identified and removed. Like a tree, new leaves come,…
#Covid19 in Uganda Update: President Y. K. Museveni eases on the lockdown…
Kampala 4th May 2020 – President Y. K. Museveni made the 13th Presidential Address to the Nation on the state of the coronavirus pandemic in Uganda. The lockdown has been extended by another 14 days effective 5th May 2020, subject to few eases. The #covid19 confirmed cases in Uganda now stand at 97, of which 55 have fully recovered and discharged. Uganda has zero confirmed covid19 related death. New #covid19 cases continue to be confirmed in the country since the lockdown. No one knows for sure what is being done to manage the pandemic, specifically the new cases or it…
