I truly admire that Uganda has set a clear, visible and achievable economic target. What I wish our bureaucrats would do is spend time speaking to the drivers of that economy; the MSMEs.
They are operating in a very rude policy and fiscal environment
After Professor Ezra Suruma, I think Hon. Henry Musasizi is the most qualified Minister of Finance in the past 5 decades. First class Bachelor of Commerce-Makerere, MBA- Heriot-Watt University, UK and he is a Certified Public Accountant (CPA).
Isn’t it hypocritical to take a few Bible verses on sexuality and demand they be legislated over an entire country, while reducing over 2000 verses about wealth, care for the poor, the disabled, the vulnerable, and refugees to a private personal choice?
“The children are always ours, every single one of them, all over the globe; and I am beginning to suspect that whoever is incapable of recognizing this may be incapable of morality.”
- James Baldwin.
A must read
MOMBASA HOTELS
Do you guys know that Mombasa has more quality hotel rooms than whole of Uganda hotel rooms combined, yes just Mombasa!
The hotel am staying at has many hotel rooms and apartments and they are turning away visitors and so are other hotels of its level now.
Of course Mombasa has its set of issues like any other place but it’s promoted as MOMBASA RAHA meaning Mombasa has pleasure.
This hotel easily makes between usd 15m to usd 20m dollars a year and that gives the owner a chance to grow, employ more people.
Kampala with fewer hotels has an occupancy level of 25% averagely, Kampala as a city has no single marketing plan by KAMPALA CITY COUNCIL.
Hotels need an occupy of 35% order to be break even just profitability starts at 40% upwards, reason hotels in Kampala and uganda struggle with loans.
Leave a lone Kenya, Mombasa is marketed as Mombasa and it has head of tourism who wants Mombasa to grow and is very hard working.
The biggest challenge in developed countries is actually loneliness and Kampala has the vibe the rich love to enjoy and if we positioned ourselves, Kampala would beat many cities in Africa.
When hotels are full, it means visitors are in town, it means shopping malls will be busy, fuel stations get more business, transporters make money.
It means banks make money, restaurants make money, entertainment makes money, food suppliers make money, crafts sellers make money.
It’s not a problem of Kampala alone, all other cities or towns in Uganda need an awake leadership, create activities that attract spenders.
@BalaamBarugahar first congratulations on becoming a minister of local government and I would be happy to sit with you and we push these ideas.
@BalaamBarugahar come to Rwenzori marathon and see how this idea creates opportunities for the people of kasese and the surrounding towns.
Right now, most of the hotels are fully booked around kasese and the surrounding villages because of Rwenzori marathon and we are talking close to 2500 rooms of all types.
Decoding Unbwogable; The role of young luos in the monetary economy;
In this thesis I will….
Research questions;
1. Can a young Luo make money anymore?
Where are the lounges? Shops? sleeper chairs? Charging stations? Work desks? Restaurants/cafés? This is bland. A good development though. Hope the Aircon will work
Uganda is reaching new heights! ✈️
The stunning new terminal at Entebbe International Airport is yet to open. Inspired by the majestic trees of the Pearl of Africa, the "Tree" concept design offers a breezy, natural welcome to all our visitors. @UgandaCAA#GoldenPosts
@Samwyri@TheMutaD@PathyKlinn Goma is on a roll. If Nabusugwe and Bukerere roads get @GKMAUrbanDevt attention (which links Goma to Mbogo and Sonde roads) we will see massive residential uptake. Bonus if Mamerito road is connected to Nsasa
For one to prosper, one must earn more than one spends. One who earns big but drives expensive cars, may not be able to minimise one's expenditure. Uganda is awash with fellows who believe that an expensive SUV is an acclamation that "they have made it"!
One whose profits didn't hit an average of Shs 1b/- in a five-year period shouldn't buy a car exceeding Shs 100m/-. An expensive car takes up a portion of the profits which would be used to grow the business. - #WorkAndProsper