By Stephen Luyonjo In 1970 during the Cold War when USA was at war in Vietnam, a man by the name of Jim Croce having been married for 5 years without child was told that his wife Ingrid was expecting. Filled with a mixture of terror and joy, Jim wrote a song called Time in a bottle in anticipation of a time he’d spend with his son. In the song, he wrote: If I could save time in a bottle The first thing that I’d like to do Is to save every day ‘Til eternity passes away Just to spend…
From WhatsApp: The Covid Pandemic: The journey towards resuscitating the economy of Uganda
PRESS RELEASE KAMPALA, UGANDA – As we continue to support all initiatives being outlined by both Government and the donor community in a bid to protect Ugandans from the effects of this pandemic, Private Sector Foundation Uganda (PSFU) has had discussions with various partners to devise measures on how the economy can be revived. The foundation has held numerous meetings with government, through the Ministry of Finance and the following intervention areas were proposed for Government consideration; Pay all domestic arrears to increase liquidity in the economy Domestic Tax: Deferment of Payroll Tax payments to ease business cash flows for…
Joint investments a way to big business!
If you walk around your community especially in big urban centres of Uganda, you will most likely come across an incomplete building that has been there for years. Unoccupied and abandoned yet when you look at the investment at that stage, lots of millions were invested (to buy the land and then construct). Sometimes on a single plot, there will be a couple of such buildings. The obvious reason for such buildings, which are mainly apartments or rentals, is lack of money. The owner either lost a job or didn’t plan properly with the money available when starting. Also, if…
From WhatsApp: General economic outlook and best practices
I attended a Webinar by IMF, this morning. Key takeaways are as follows. General Outlook Africa seems to be suppressing the curve so far. It looks like it might escape the worst of the pandemic, but will have to be cautious about it. Possibility of W Curve – i.e. There is a good chance of re-occurrence of the virus, which could see a possibility of regular lockdowns. Businesses need to plan accordingly. Capital will look for countries that are less battered. Western economies are badly battered while countries in Africa, etc are not so battered. Global Capital could flow…
Your Marriage is not a mistake, this is the mistake
Most of the time when marriage is in trouble, people tend to see their Marriage as a mistake. They regret marrying the person they Married, they think of a new deal, they imagined marrying their ex, they fantasize marrying another person. They want to correct their Mistake, so they think. Some divorced and remarried and but later wish they remain with their first Spouse, as they find greater trouble in the new Spouse, this is because the first Marriage is not a Mistake, they’ve not discovered the mistake. ?When a Car has flat Tyre we do not abandon the Car,…
From WhatsApp: Covid19 pandemic is here with some for sometime
I think the thing most people don’t understand is that the lockdown is in place to slow the progression of the disease, NOT to eradicate it by the end of May. I think people are missing the point because they naively think the govt will somehow get rid of it so life goes back to normal. These are people who have ignored the global reality since January. This is the dangerous delusional thinking that Johnny, Themba and Susan come lately’s are applying in their assessment of the situation when advocating we should stop the lockdown because they are literally only…