The New Year always comes with new resolutions. While many of us are possibly drafting our vision boards and letting go of past mistakes, the new year is not void of new experiences and fun-filled expectations. Here are a few things we can look forward to seeing in the new year.
A few Bills are still tabled by parliament and are yet to be passed into law. As mentioned previously, we can look forward to seeing the changes that will be made to the Museum and Monuments Bill of 2022 as the H.E. President Museveni sent the bill back to the table. with recommendations up to be discussed by the house. Here are a few Bills to look out for; The National Sports Bill 2021, Competition Bill 2022, Employment Amendment Bill 2022, and the National Aid Bill 2022.
It appears that constitutional and electoral reforms are at the top of the opposition’s resolution list for the year 2023. The Opposition in Parliament mentioned that their focus for the next session of Parliament will be on pushing for constitutional and electoral reforms which have been tabled as an afterthought. This venture will include the establishment of the Constitutional Review Commission to help with this.
The past three years have been the most unpredictable for the education system. With the covid pandemic causing a complete shutdown, the Ebola outbreak caused the premature closing of schools before the expected term’s end last year. As previous reports showed the high rise in teenage pregnancies throughout the pandemic, this could be another concern for the year 2023. The question as to whether we are losing yet another year of education or not remains to be answered. Will the Ministry of Education and Sports announce the opening of our schools come February?
If you belong or are thinking of forming a SAACO, then you are in luck. The Speaker of Parliament, Anita Among, instructed the House Committee on Finance which is currently considering the Microfinance Deposit-Taking Institutions (Amendment) Bill, 2022, to ensure the inclusion of laws protecting Members of Savings and Credit Cooperatives (SACCOs). She advocated for interventions that can enable the growth and transformation of the numerous Merry-go-rounds these also included the Rotating Savings and Credit Association (ROSCA), Accumulating Savings and Credit Associations (ASCA), and Village Savings and Loan Association (VSLA). Currently, the Microfinance Deposit-Taking Institutions (Amendment) Bill, 2022, has been tabled for first reading. We can look forward to new developments in that regard.
It is quite clear that with everything that has happened this year, the economy is not the happiest. The Ministry of Finance stated earlier this year that the budget for the financial year 2022/2023 would mainly focus on addressing health and economic challenges presented by the COVID-19 global pandemic. The Ebola outbreak has not helped this endeavour in any way. It should be expected that the next year will be better for all Ugandan citizens and business owners as a whole.
With that said, what are you looking forward to this new year?
“Law is one of the greatest healing professions. While medicine heals the body, clergy heal the soul, the law heals social rifts.” – Steven Keeva
LAW IS FUN (GAME 2)
We are back again this Friday, with our legal game LAW IS FUN (LIF) to unwind from the long week and learn something new.
LIF is our new game series that will get you thinking and learning more about the law in a fun and creative way.
So, let’s talk business. Do you know about business operations in Uganda? Take a guess at this question.
HERE WE GO!
GAME 2: TRADING/BUSINESS
Question: A sole trader can operate his/her business in Uganda through a registered company.
You can post your answer on our social media sites. Twitter: @abmAdvocates_ug https://twitter.com/abmadvocates_ug?s=09 and LinkedIn: https://www.linkedin.com/in/apio-byabazaire-musanase-and-co-advocates
Photo credit: Chilling Show (UBC)
FRANCHISING, BRANDING, DISTRIBUTORSHIP, LICENSING
Building a strong and formidable brand from nothing that will stand the test of time seems like a tall order.
But it is NOT. Today, we look at the amazing story of Brian Yesigye Bravo, a renowned Ugandan businessman who has beaten all the odds and built a brand and a business that Ugandans can be proud of.
In the past, our Continent has been categorized with poor quality products and services for decades. But this is steadily changing and more and more Africans and Ugandans are recognizing the need to offer unique, creative and most importantly quality goods and services.
We first learnt about Bravo shoes when the company made a generous donation to Fresh Kid, a young (minor) Ugandan artist while he returned to school.
As the story unfolded, we came to learn that Mr. Yesigye had started his business with nothing and decided to explore international partnerships to enhance his business.
His dream is to own franchises all over the country in the major towns and cities.
His business model is not new or unique, but his story and the stages of growth that he has adopted to get to where he is today, are one of a kind.
Looking at his business model, it is clear that Mr. Yesigye intends to exploit Intellectual Property Rights to gain a competitive edge.
Franchising is a model of intellectual property business where a business owner grants licenses to other like-minded businesses/business owners to use his/her brand for his/her products or services in order to expand the business.
Take an example of KFC and PIZZA HUT in Uganda. These businesses have taken on this type of model, with the owners having obtained licenses from the original brand owners to sell the products in Uganda. KFC and PIZZA HUT are known worldwide and the brands are valued at over US. $5.5 Billion and U.S $8.5 Billion respectively.
This business model is one of the most profitable models that have been adopted by many consumer brands.
This is a model that can be considered by Ugandans as an alternative mode of building their businesses internationally and at the same time promoting local products, hence enhancing BUBU.
Read Bravo’s story here: https://businessfocus.co.ug/from-street-vendor-to-millionaire-how-yesigye-built-bravo-shoes-brand/
ANOTHER WIN FOR THE ABM TEAM
In an article dedicated to recognizing 13 Young African Lawyers who “move the lines” by African Shapers, an online new and media house providing unpublished news from actors in a changing Africa, the firm and its partners have been acknowledged as game changers.
As the first multi partner female owned and run law firm, ABM and its young Partners are recognized as African shapers in the legal world in Africa along with 12 other great lawyers all around Africa.
This recognition and many others continues to inspire and motive the firm and its team to strive for better and higher, and to always remain “A Better Measure” in everything that we do.
We are honoured and humbled to stand and be counted along other great shapers in Africa.
You can read the full article here: AFRICAN SHAPERS
We are a law firm with a voice.
Our inspirational soul Sunday’s series will feature inspirational quotes and versus that will encourage and remind us all of what matters the most in life.
We hope that this will motivate and inspire our team, our leaders, our Clients, our colleagues and our peers.
To do this, we shall be required to,
Stay Committed and;
Be Humble; In everything that we do.
At ABM, we have always stood by these principles to remain “A Better Measure”.
We hope that this inspires you.
WHO SAID LAW IS BORING AND STIFF?
Well, we have to admit. Law can be boring and stiff sometimes, especially for those who do not understand it.
At ABM, we have launched an initiative to make the law more fun while helping the public to learn and understand the main and most relevant legal issues.
Some people do not even know that lack of knowledge is not a defence in a Court of law.
So, today 12th of June, 2020, we are launching our very own simple game; “LIF” standing for “LAW IS FUN”. It is a law/legal game which will make it more interesting and exciting to learn about the legal facts and issues so that you can remain on the right side of the law.
In our pilot/first episode, we will be talking about “LIARS” or rather more precisely, Defamation and the different types of Defamation.
The public can get to understand what defamation is and the types of defamation.
In today’s world, so many people tend to make false statements without understanding the possible implications of their statements.
So take caution when uttering statements and even sharing them, BECAUSE, you just might find yourself on the wrong side of the law. And paying hefty damages for a lie is just too painful.
This is the first game
#FUNFRIDAY: LAW CAN BE FUN. LIF GAME 1
Today, we talk about LIARS.
Question: If a false statement of fact is uttered to you in public but is not published and your reputation gets hurt/tainted, what is this?
Answer the question and post it on our platforms.
We hope that this series helps you all learn the law and enjoy the process.
BY: Shane G. Musanase – Mugenga
As we come out of the fear of loss of life due to the Covid-19 Pandemic, I implore us not to forget the very important lessons that come from hardship, anxiety and change.
A week or so before the nation was locked down, I lost a family friend in a car accident and as we laid him to rest and said our good byes, I thought about his brilliant legacy. In the days that followed, I carefully watched his wife and children pick up the pieces and I found myself learning about a prudent man who guided his family to carve out the family vision in January 2020, a few months before his demise. I discovered his openness and commitment to share his dreams, ideas with his loved ones constantly reminding them of their role and responsibility to pursue hope and a future. His plans, investments and direction became the wisdom they needed for stability and continuity in his absence.
My late friend and I had discussed at length that a WILL was one of the most important things to leave in place for it legally protects your spouse, children and business interests by laying out clear responsibilities and management of your estate.
During the lockdown, I shared this important reality with a few people requesting them to ponder on this question; “How do I put my house in order?
PREPARING MY WILL
Wisdom demands that we ought to follow the footsteps of the wise. I believe that God gave man His WILL when He authorised him to take dominion and manage his creation. History also makes reference to how wealth has been passed on from one generation to another.
In these changing times, a prudent person should prepare his/her Last Living Testament carefully thinking about:
b)Protecting your family to avoid potential family disputes
c)Allocating responsibility of minor children and/or incapacitated dependents
d)Business and investment continuity
e)Estate Planning and training of the next generation
f)Beneficiaries of your Estate as well as how they shall receive or discharge their duties
g)Trustworthy Executors who will carry out your instructions as stated in the WILL
h)Debt(s) and how they may be managed
i)Trustworthy persons to witness your WILL as they shall be called upon after your demise to verify that whatever stated therein is a true record of your last wishes.
j)Safe custody of your WILL
A WILL may be modified from time to time as circumstances do change such as; marital status, children, death of beneficiaries or executors, disposal of assets to mention a few.
Amendments or updates to a WILL may be recorded in what is referred to as a Codicil.
With all the benefits of a WILL, why delegate your authority to others to put your affairs in order?
As I write this piece, I encourage you all to be deliberate to organise and educate future generations about dreaming, planning, purpose, family history, faith, values, lineage and culture.
Simply look at a WILL as your final love letter or a fantastic business plan for the beneficiaries of your estate to appreciate your life as you saw and how you most probably perceived it while you lived.
It is wise for you to seek legal counsel as you prepare your Last Living Testament so that your document is valid and ready for implementation after your death.
Celebrate life and its lessons by being deliberate to put your affairs and house in order by preparing your WILL to fortify your legacy.
This Article first appeared on the Daily Monitor. Read it here: https://edition.pagesuite.com/popovers/dynamic_article_popover.aspx?artguid=c99925c8-ca89-4946-bf19-70ebc2d2c116
A group of honourable business owners (Landlords) in Masaka have waived the rent obligations of its Tenants for the period of March and April, 2020 on account of the COVID -19 crisis.
The Landlords are reported to have waived the rent of up to 650 Tenants. A waiver in business and legal practice is an involuntary relinquishment of one’s privilege, right or benefit. It is an honest act made without any form of duress or undue influence.
During these times, such business decisions which are aimed at supporting the growth and sustainability of businesses is important to ensure that the economy is secured and businesses are able to continue operating.
From a legal perspective, such waivers are necessary in any kind of existing business Agreements such as loan agreements, employment contracts and other performance agreements, construction agreements amongst others.
In negotiating such agreements, the parties need to be cognizant of all the underlying issues and ought to seek legal advise to determine the most plausible minimum position for all parties involved.
Read the full article here: https://www.independent.co.ug/landlord-gives-tenants-two-months-rent-waiver-citing-covid-19-hardship/
Taking Bold Steps and making a mark Internationally in Intellectual Property matters.
The firm is featured in the World Trademark Review Yearbook 2020/2021 with insights on Trademark laws and practices in Uganda authored by Jamina Apio and Enoch Kakuru.
This is the first time that Uganda is appearing in the WTR Yearbook. The firm was also ranked earlier in March, 2020 as a Top Leading Firm for Trademark matters in Uganda and the firms very own Managing Partner, Jamina Apio was ranked as the top most Leading Trademark Professional in the country. See more here: https://www.worldtrademarkreview/directories/wtr1000/rankings/uganda
This article first appeared in World Trademark Review Yearbook 2020/21, a supplement to World Trademark Review, published by Law Business Research – IP Division. To view the guide in full, please go to www.WorldTrademarkReview.com.’
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