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

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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

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

How defining-moments form your character

Do you have core values on which to anchor your decision-making? If yes, what are they? If no, what do you base on when making decisions? I came across an interesting article in the Harvard Business Review which prompted me to ask myself the above questions. I've decided to share this article with you. I… Continue reading How defining-moments form your character

Living within your means for a better tomorrow.

Econsimplified

Today, I was priviledged to attend a conference with the theme Power, Sex, and Money, the emphasis being on Money.

Majority, if not all of the people in attendance were quite youthful, with some of them being university students and others recently starting out in their careers.

The discussion of the day was quite interesting and it was centred around the use of money in economic growth and development on a micro (individual) level.

Very importantly though, it also encompassed how to make clean money that will last for years to come, in the process creating a lasting legacy, accompanied by progressive and sustainable micro economic development.

One of the guest speakers was Mr. Amos Wekesa, founder, Great Lakes Safaris ltd who also happens to be one of my mentors. He emphasised the importance of saving and living not only within, but also below our means.

He argued…

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Too far apart…

“There are too many of us and we are all too far apart.” ― Kurt Vonnegut I’m writing these words knowing that people from all over the world are going to read them. People of all ages, ethnic and cultural backgrounds, of different religious beliefs. Most of them, I’ll never get a chance to meet.… Continue reading Too far apart…

Urban farming: An opportunity for the unemployed youth

Urban farming involves cultivating, processing, and distributing food in or around a town or city. https://en.m.wikipedia.org/wiki/Urban_agriculture This type of farming involves growing fruits, vegetables and rearing animals on small and well-planned plots of land. According to the latest statistics from Kampala Capital City Authority (KCCA), an estimated 80,000 households are currently engaging in urban farming.… Continue reading Urban farming: An opportunity for the unemployed youth

It takes Faith to be an exceptional entrepreneur

The first time I inadvertently explored the intersection between entrepreneurship and Faith was when I had to choose between my Christian-biblical principles and losing a business opportunity. I was left in a dilemma, one that am yet to fully comprehend. Anyway, before I reduce Christianity to a series of start-up buzzwords, let me take a… Continue reading It takes Faith to be an exceptional entrepreneur

The cost of innovation

The paramount doctrine of the economic and technological euphoria of recent decades has been that everything depends on innovation. It was understood that as desirable, and even when necessary, that we should go on and on from one technological innovation to the next, which would cause the economy to "grow" and make everything better and… Continue reading The cost of innovation