Venezuela’s crisis: Any lessons for Uganda?

A popular saying goes. “It is a fool who does the same thing over again and again expecting different results,”  On 9th January 2017, Venezuela protests started after the National Assembly declared President Nicolás Maduro of abandoning his office. This sparked national wide protests that have lasted up to date. How did Venezuela get into

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The impact of Bots/Botnets on Cyber Security

What are Bots? Bots also known as “web Robots”, are software that perform automated tasks over the Internet. More specifically, bots are automated applications that are used to perform simple and repetitive tasks that would be time-consuming, mundane or impossible for human beings to perform under commands. According to the technology enhancements today, Bots accumulate around half

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How dealing with an angry client transformed my career

 One hot day about 5 years ago, in Kampala, Uganda I was racing through a heavy afternoon traffic jam trying to catch the rocket bus to Jinja   I had a half-eaten chapati rolex in on hand, an ice-cold bottle of plastic soda in the other, and a backpack on my back. And I was

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IFRS 16: Identifying a lease

On the 20th of February 2019, the Central Bank of Uganda issued an instruction circular to Supervised Financial Institutions (SFIs). SFIs were required to submit a report on the implementation of the standard by 30th June 2019. Having championed IFRS 9 implementation for many financial institutions, I saw an opportunity. For the next week, I

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