What is Uganda’s #covid19 risk assessment profile? What are the likely costs to the economy? Which sectors and people are most at risk? What stimulus packages must government provide and what is the timing for such packages to be effective? These and more questions must be answered by the government. The Ministry of Finance and Bank of Uganda must provide economic updates to calm the situation. Already, the United States Dollar is heading the wrong way. As of this writing, 26th March 2020, the Ugx against the dollar is at 3,865, and 3,950 at some foreign exchange bureaus. Keep mind…
A special gift to you – spark your mind with Mustapha at 0 costs!
Can you join my inner circle? It’s free! Click here to register and join. Do not stand in your way. Do not let the good life get into the way of the best. Don’t let your current good life, get into your way of becoming great. Register and join my private mentorship forum. I’ll share daily premium resources, leadership insights, career-changing resources and tools for your success. Learn how to think differently. Become a darling to your colleagues and supervisors at work. Be a great partner – husband or wife or boyfriend or girlfriend. Gain an edge in life and…
Land valuation fraud: are you safe?
There is no country without land. It is for this reason; many countries do not allow any foreigner to own land. It makes sense that way: how can a government be in power without a territory it owns? In Uganda, the different land tenure systems mean several opportunities for rent-seekers and fraudsters to commit land fraud. In this article, part 1 of the series of articles on land fraud, we focus on land valuation fraud. What is fraud? The ‘intentional misrepresentation of a material fact, to cause again to one party and a loss to another’, is referred to as…
“Forensic Audit” vs “Independent Organisation Audit or Review”
You are a board member or shareholder of an organization. You receive certain information on possible revenue leakages or poor governance that you did not expect. How do you react? Do you suspend or terminate the incumbent managers immediately or you first undertake a thorough independent review to obtain all facts to inform your next course of action? Great leaders first obtain all facts to inform their decisions. That is called facts and data-driven decision making. You must avoid making decisions on hearsay or opinions at all costs. You need to undertake either a forensic audit or an independent organization…
The barber’s regret: money blinded me, part 1
He is 28. A barber. Exceptionally good barber. Customers line up for him. I too, when I find him busy, I wait for him. When I go to the saloon, I crack a few jokes and stories with the barber. It helps both of us to relax. Laugh and get even. Having some little money to drive a car and hold a good phone does not make anyone special. Not even being a CEO of a multi-national. All that matters are your ability to connect to people regardless of their station in life. Consider this: someone takes over your head.…
The three skills of outliers, part 1
I have sat in many boardrooms as well as holding one on one interactions with leaders. Asked, what top three key skills make one an exceptional talent, the answer is (1) trust, (2) skill and (3) passion as demonstrated by ambition and commitment Are you a person that can be trusted? Can you keep secrets shared with you in your normal course of work safe despite future challenges or frustrations? Do you protect the interests of the company and your seniors at the expense of your personal ego and benefits? Are secrets and intellectual property safe with you? If the…
