Kampala, 11th June 2020: Uganda’s Minister of Finance Planning and Economic Development (MoFPED), Hon. Matia Kasaija read the Ugx. 45 trillion national budgets for the FY 2020/21. Every year, the national budget is anchored on a tactical theme. This year’s budget theme is ‘stimulating the economy to safeguard livelihoods, jobs, business, and industrial recovery.‘ Following the coronavirus pandemic that hit the country, and caused a lockdown of more than 70 days, and closure of schools, the economy needs to be stimulated indeed to safeguard livelihoods, jobs, business, and recover the industry. Below are brief highlights of the budget allocations in…
The covid19 pandemic: expect salary cuts and keep your job
It has been reported that Sanyu FM radio station did the unthinkable: it fired all the staff who laid down their tools following a 25% pay cut as a covid19 survival strategy. When your employer is a Forbes listed mogul, it is easy to forget that actual income may fall short of budget. Every employer wants to work with staff who think like the business owner. Unfortunately, most people have different expectations that are not in sync with reality. Many staff may think the company is making a lot of profits, yet in reality, it is making losses. It is…
Wise sayings: the expressive language you must know
Politics is around the corner. I decided to search all my sources for all the wisdom I have learned over the years. If you want to speak to influence and be heard, below are some of the best figurative words to consider adding to your speeches to spice them up. Remember for originality, and to be unique, try first converting them into your local dialect, and then express them in English. You will keep your audience wanting to listen to you for long. That means you will look intelligent and therefore, more votes for you. Ok, here we go: 1.…
What’s the difference between a board of directors and a statutory board?
In brief: The board of directors a team of people appointed to provide leadership of the company and is led by a Chairman. A statutory board is an entity formed by an act of parliament to provide a specific function. For example, the National Health Services of the United Kingdom could as well be referred to as a Statutory Board — for health services. In detail: As the name suggests, a statutory board is one that is formed by an act of Parliament of any given country with a clearly defined mandate or purpose, powers, rights, and obligations. Such boards…
The attack is the best form of defence
If you want to win the war, do not go into defensive mode. Go into attack mode. I come from Hoima. While growing up, we had several stories of night dancers, thieves, and kidnappers. If you were walking alone at night, and see an approaching car, you hid in the bush to let the car pass. It was rare to see a car at night, and when you saw one, it meant danger. To us (back then), people with cars only moved during the day. Everyone wanted to be seen in a car. It was rare to see one! So,…
Happy Heroes Day to all Ugandans
As Napoleon observed, “The army marches on its stomach”, everyone today matches on their stomach. Whoever feeds the stomach easily becomes one’s hero. But it should not be like that. We should define our heroes as those folks who do greater good for the greater majority. And today we celebrate just that. The people who sacrificed their good lives for the better of our country. These are the true heroes. And all those people who wake up early to go to hospitals to attend and make our country coronavirus free and safe, those folks who clean our streets. The…
