Invest in seven ventures, yes, in eight

Ship your grain across the sea; after many days you may receive a return. Invest in seven ventures, yes, in eight; you do not know what disaster may come upon the land. If clouds are full of water, they pour rain on the earth. Whether a tree falls to the south or to the north,… Continue reading Invest in seven ventures, yes, in eight

Advertisements

The reason behind a rise in Uganda’s Headline Inflation

Headline inflation is a measure of the total inflation within an economy, including commodities like food and energy prices, (e.g oil and gas), which can easily (spontaneously) rise in case of a sustained increase in general price levels of goods and services. Statistics from the Uganda Bureau of Statistics (UBOS) indicate that Uganda's annual headline… Continue reading The reason behind a rise in Uganda’s Headline Inflation

here are some of the opportunities that were in this year’s State of the Nation address #EconomicsUG

Making the most of the opportunities within a struggling economy.

scare-a-hero

Museveni State of the Nation from www.dispatch.ug.jpg Photo from http://www.dispatch.ug

OVER the years, I’ve picked up this highly useful fact from various successful Asian and Asian-Ugandan businessmen operating happily in Uganda: EVERY time there is a political or national event, they pay close attention to what the speech-makers are saying.

When it’s the President, they pay extra-special heed to the details of what he says and they thereafter follow up by making additional inquiries and investigations with the relevant offices.

One of them told me this as he was explaining why his father had invested in the first level of successful industry back in 1988, after two years of closely following this new NRM/A government all the way from London, in the United Kingdom. The young man himself was showing me round an investment project of his own that had built on his father’s success but fed off the plans the government kept announcing and dropping hints…

View original post 1,286 more words

The Homerun: If you’re willing, then it’s possible.

Econsimplified

The homerun obstacle race was scheduled for 27th May 2017 and I was so looking forward to it. Unfortunately, a few days prior to the race I got sick and started second guessing my participation. This race was meant to demonstrate the challenges that refugees face while fleeing their home countries, usually in small families. Some of the challenges included delays in the documentation, language barrier, tiresome routes, hostile and unfamiliar cultures. Manoeuvring through barbed wire fences, climbing over walls, crawling through muddy fields were also simulated.

The day before the race, just after deciding not to participate, I got a pep-talk from a close friend who successfully convinced me to change my mind. However, there was one problem, I didn’t have a family to run with. “Hey James, am looking for a team, can I join yours?” a colleague asked me. “Hey, I don’t have one, but we could…

View original post 369 more words

Is agriculture benefiting from Uganda’s economic growth?

Harvard's Centre for International Development recently released its latest global growth projections, which lists Uganda as one of the economies to grow fastest by 2026. The report noted that with the fall in oil prices, growth leadership has shifted towards, more diversified economies like Uganda. Uganda is expected to grow by 7.9% annually until 2026… Continue reading Is agriculture benefiting from Uganda’s economic growth?

Memories of what Mulago Hospital was meant to be and what it has become

LAST weekend I found a way of combining roast meat, drinks and a discussion about plastic recycling with an interesting fellow called Frank Morris Matovu, at Zone 7’s Shisanyama (a whole other story of its own). Frank is an architect, an artist, an avid reader, a curator and a collector of old books. I first… Continue reading Memories of what Mulago Hospital was meant to be and what it has become

There’s need to adapt our education system to present-day world complexity

The complexity of our present-day trouble suggests as never before that we need to change our present concept of education. Education is not properly an industry, and its proper use is not to serve industries, either by job-training or by industry subsidised research. Its proper use is to enable citizens to live lives that are… Continue reading There’s need to adapt our education system to present-day world complexity

Uganda needs a boost in its tax base to fill the existing infrastructure gap

In the recently concluded meeting of East African Community (EAC) heads of state held in Kampala, Uganda, bureaucracy was identified as one of the biggest hurdles to infrastructure development within the region. During the meeting, discussions centered around improving electricity generation, linking regional roads, and investment in information and communications technology if the region is… Continue reading Uganda needs a boost in its tax base to fill the existing infrastructure gap

Are you making productive use of your mobile phone, social media, and internet?

Econsimplified

According to the International Telecommunications Union, it’s estimated that about 3.5 billion people, almost half the world’s population will be online by next year.

Of these people, about 2 billion will be from developing countries including 89 million from the least developed countries in the world.

In a recent article published by ProsperMagazine, the following was quoted;

The evolution of mobile phones has not only revolutionalised the way people communicate, but it has also shaped the way people do business all over the world.

Many people are increasingly investing in online businesses which are growing every successive day.

This implies that the number of opportunities that you could tap into are only limited by your digital skills and knowledge.

Do you have the necessary skills required to make productive use of your mobile phone, social media, and the internet?

What are you doing about it?

Thanks for reading…

View original post 7 more words