The economy is moving into an iceberg. If Bank of Uganda, does not step in quickly, we may end up the Titanic way. BOU must issue regulations with respect to the following: Issue corporate bonds. Financial institutions should sale bonds to by Bank of Uganda so that banks have liquidity. For example, Australia has reduced interest rates by more than 25 basis points in less than a month. Encourage financial institutions to lend more to individuals to spur spending, consumption and economic activity The government must set prices for basic commodities to avoid exploitation amid the crisis. Prices for basics…
Uganda on higher alert as COVID19 cases rise to nine
A total of eight new cases were confirmed on 23rd March 2020, bringing the total COVID19 cases in Uganda to nine. A message circulating on social media, from one of the persons at the frontline in the fight of COVID19 in Uganda, indicates that eight people tested positive as of 23rd March 2020, from 35 samples. Many of the cases originated from Dubai, which had not been identified as a high-risk country! According to a statement released by Dr Jane Ruth Acheng, Uganda’s Minister for Health, “Eight new cases of COVID-19 confirmed in Uganda bringing the total number to 9.…
The ever-worrying state of Covid19 pandemic in the world today
The world is on attention. No one is safe. From peasants to Presidents, from teachers to legislators – and everyone between. We are all under siege. It is not easy not to be scared. The #coronavirus pandemic is not relenting. Reading the situation reports on the WHO website, you feel shivers throughout the body. So many people are dying so quickly. Why now? What is the driving force behind this pandemic? How can a man who has managed to freely visit the moon and back fail to find a quick solution to this virus, #covid19? To make it worse, there…
Is the employer fair on Jane?
WAS JANE WRONG TO REQUEST FOR A PROMOTION? She is called the focused one. Jane is not only brilliant; she is focused on her career. She previously worked as a personal assistant to the executive director at an insurance company for five years. She was a ‘hit’, in CEO speak. SHE LOVED THE ROLE What she lacked in a paycheck, she got in terms of unlimited powers to send away people from meeting her boss, the CEO. When someone’s title is CEO, in a company boasting over 20,000 customers, many people want to have a one on one with the…
Professor Stephen K. Nkundabanyanga’s forward to the 7Tools of An Effective Board member book
Are you a board member or an aspiring one? I know you are worried about #covid-19. But life must go on. Take a few minutes to read a foreword extract by Professor Stephen K. Nkundabanyanga, a corporate governance expert. “I graduated from Makerere University with a PhD in board governance and firm performance in 2013 and now work as a Professor of Accounting and Governance at Makerere University Business School. So I am an author myself, editor, and reviewer for respected Journals and books. I have also served on some Company Boards. But the book, “7 Tools of an Effective…
Couple 1: The ever-traveling consultant
It was my grandfather who liked to say “strangers in love never last once they get to know each other well.” This was a man of wisdom informed by years of experience. He had seen it all – a world war II veteran, who lived a humble life later in his evening years. He had survived the war. Apparently, it is easier to dodge bullets than thirst, he often said. “if you are truly thirst, you cannot settle in one place. You must move out of your hiding to search for something to drink. Better die of a bullet than…
