5 Comments

Hello Alex, hope all is fine and thanks for the progressive works to enhance the financial economics in countries; i will get time to listen in; but from the onset of your question, i would say as an authority in Financial Economics, Financial Markets and Financial Technology; that when you analyze Uganda's Fiscal and Monetary policies; there is little left to desire, they are about 68% lacking alignment with the National Development plan and as such misguide the National Budget; secondly the technocrats charged with the responsibility of harmonizing the National Economics at Macro, Meso and Micro are also lacking in practice of market realities, and that goes for bankers too; they do an 8-5 job get salaries and life goes on, but have no clue about the market dynamics across a spectrum of sectors; thirdly and finally the loan providers don't have adequate research and development information, not much in their budgets goes to RnD and as such the scope for lending is limited; they lack entrepreneurial eyes to see all the opportunities for financing gazing at them...basically without business practice, entrepreneurial eyes, natural investment instinct there is limitation to take on opportunities reason that entities i.e. DALI currently i have 450 projects and investment applications and am sure 2/3s will meet our simple investment decision criteria as a Non Bank Investment and Financing Entity (NBIF), many of the clients have run from banks; remember we also lend banks and its at the same rate we extend to projects i.e. 8,8% to 10%...because we have diversity of sectors and projects and benefit from volumes plus our KYC is as simple as possible that even my grand mother can comprehend. Now you got it from the horse's mouth and by the way combine this with the fact that am a born serial entrepreneur and investor. Doc (Actually am giving up to 2034 and banks shall be extinct in the market place if not all at least half)

Expand full comment
author

Indeed Doctor, this is a critical conversation and the points you raise and the work you are doing at DALI might be what we need.

Is it okay for us to do a live Space/podcast on Twitter and push the message of your work forward plus also highlight the challenges at hand from your view.

I would be most honored to host you Doctor.

Expand full comment

Sure please plan for the Twitter space, let’s boost it amongst multitudes and let’s share experiences; am sure my 25 years of corporate business and building a 20-year company from USD 3 2004 to XXXXXXXXXX Value in 109 countries today July 2024; would come in handy…and don’t forget I keep a shallow back-end profile, I love being in the kitchen creating solutions; reason DALI is massive outside Uganda where it’s incidentally headquartered. When the Government of Uganda is struggling with budget constraints and searching in all directions for investors my eyes are filled with tears; the Financial kitchen is in Uganda and driving Global growth…but when i think of how many layers one has to go through to meet the countries CEO in Entebbe, am like i don’t have that luxury of time. Doc

Expand full comment

Yeah sure give me the indicative timelines or dates.

Expand full comment

Thank u team for enlighting talk shows & articles.

Expand full comment