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There is a saying: ‘’if you don’t change, then change will change you.’’ This saying is relevant to some businesses in Uganda that failed to adapt to changing times. As such, they have either vanished or their demise is in the pipeline. We take a look at some that vanished plus those in the pipeline.
We all agree, the number one challenge of most small businesses is not lack of capital. It is lack of customers or market.
If your business lacks customers, it will suffer from a cash flow problem which is critical for survival. At the start, don’t be driven by profits. That should come as a natural expansion of business success. It does not matter how much loan capacity (capital) you have, if you don’t have customers, your capital will still not be enough. So, focus on revenue growth. Make more money and spend it on the critical business processes – customer acquisition, retention and relationship management. All other things will be great if you get the customer part of it right.
It was a case of grandiose. Shoprite Naalya, the icon of Naalya is no more. After more than 15 years of operating in Uganda, the company is quitting. This is another South African originating supermarket to close shop. The first was Metro Cash and Carry, which was allocated in the prime building next to UMA show grounds. In October 2008, this magazine carried out a detailed analysis of the reasons for the closure. Top on the list was a poor business model whereby the supermarket required membership to access the services. Walk- ins were not welcome! In this country without data protection laws, that was a hard shell.
Great executives excel at three critical things. These are; Effective communication, rely on the people, trust systems and procedures and continuous learning
Communication. By far, President Barack Obama is a great orator and an effective communicator. Before he speaks, he not only understands the audience by knowing ‘’what the audience wants to hear’’, he asks: ‘’what is the key message I want the audience to take?’’ He then identifies three to four key points to illustrate and reinforce the message. The key message or the anchor message is critical for effective communication.
My first trip from Hoima to Kampala was in 2000. I will never forget it. It was one of my longest trips. I came on top of a lorry, carrying dry tobacco leaves. We set off from Hoima at 2pm and arrived in Kampala at 10:30am the next day. It took us longer time that it takes to travel from Entebbe to Washington DC!
At the time, there were few Taxis and a Posta Uganda bus. The Taxis were very expensive. And the Posta Uganda but had an inflexible route.
If you travel by ferry from Shenzhen to Hong Kong, in one of the industrious workshop region in China, an enormous billboard greets you: ‘’Time is Money, Efficiency is Life.’’ China is the world’s largest manufacturing power. China’s production output surpassed America’s in 2010. China accounts for fifth of the global manufacturing.
Speaking at the CEO Annual Forum 7th edition, Dr. James Mwangi noted ‘’one tourist creates ten employment opportunities along the value chain from transporters, to the hoteliers, airlines and the rest, and that becomes a huge employer.’’ Does Uganda’s agricultural sector offer such opportunities along the value chain? Your answer is good as mine.
The government of Uganda through National Agricultural Advisory Services (NAADS) says it will come up with a ground plan to change the livelihoods of farmers. All these great ideas are shredded on paper. According to a recent study by Habitat for Humanity Uganda reveals that 2/3 of Uganda's peasant families live in substandard houses. This is majorly attributed to the subsistence farming at most family levels.
Early learning or early education are terms that are used to describe programs that provide education for children outside their home before kindergarten. People usually confuse it with baby care or baby- sitting but it is more than that. Parents are undeniably children’s first and most important teachers but young children need meaningful learning opportunities to develop skills, and a foundation for learning throughout life.
T&L is a location firm based in Ntinda, 10km of Central Kampala City. Brian Byaruhanga, the new CEO at the firm almost resigned from the well- paying job just after the first month in office.
Before his job at T&L, Brian had held a similar position at a foreign consulting firm. It is on this basis that the two founding partners of T&C Construction Company deiced to hire him as the new CEO. He was offered a 5 year renewable contract.
The recent MTN Business training sponsored by MTN Uganda for entrepreneurs in Eastern Uganda was a huge success. The training attracted 152 entrepreneurs way beyond the intended 100 – indicating too much desire for knowledge by the business community in Eastern Uganda.
In 2013, two businessmen with various business operations in Kampala filed a case against a logistics firm. It email fraud case. This case was investigated for about two years. And this is one of the most common tricks used by attackers to defraud people.
What makes me whole? My God
What makes me honest? My integrity
Men dating fellow men
Women dating fellow women
The world which introduces us to computer.
The world which leads people to hell!
There is an amazing world beneath us
It is unique in nature, you can only tour
It is for a short while, you can’t stay for long
Bweranyangi Girl’s Secondary School
The only school in the west
Admired by the young and old
Though enjoyed by the lucky few.
I am privileged to jot down something small about this special event where Bweranyangi girl’s secondary school was its heart and host.
A father buys a lie detector robot that slaps people whenever they lie.
Many students don’t give their health serious consideration while at school. This in turn has affected their academic progress. Something such as drinking water from the tap after a football match or when one gets thirsty is a very common occurrence in schools, however this has increased diseases such as typhoid which according to a report written by Ministry Of Health on 24th Feb. 2015, is a bacterial disease caused by salmonella typhi and is transmitted through the ingestion of food or drink that is contaminated. Its symptoms usually develop 1-3 weeks after exposure and these may be mild or severe, they include high fever, headache, constipation, diarrhea and enlarged spleen and liver. Such sickness disrupts students from their normal school routine, they tend to miss classes, exams and in worse scenarios they can even die.
Donating blood is a lifesaving venture worth investing in. All of us at one time can become “needy” for blood and you never know whose blood will save your life. Life is a matter of time, no one can tell when the clock will tick for your time to come, and blood transfusion will be the only option.