Skip to main content

The thing about contingencies

The thing about contingencies (in budgeting, planning, etc.) is that you cannot anticipate them. Likewise, you cannot anticipate their value (positive or negative). Yet, they are everywhere. Some markets have more pervasive contingencies than others. In an atmosphere where contingencies - such as delayed dues, or corruption - are inevitable, what kind of plan or strategy works?

Comments

Popular posts from this blog

Tanzania is not Tasmania

Dear friends: Please let's stop refering to Tanzania as Tasmania. Here is why. Tanzania is located on the coast of East Africa, below Kenya. It is not origin of the the cartoon character from your childhood. Tasmania is an island which is part of Australia. The animal known to exist only on Tasmania is the Tasmanian Devil. Once again, you will see this is not the cartoon character you remember from your childhood. Let's summarize: Tanzania is not Tasmania.

Stationary

Ever get the feeling you're stationary? No, not like in the picture above, but stationary as in you're not moving? It seems that when we define goals for ourselves, they need to substantiate daily actions, because otherwise, it seems we lack purpose. And when we lack purpose, anything we do seems to go to nothing. Why did we start calling stationary (like in the above photo) "stationary", anyway?

Serving up the fix

Originally published on Vijana FM | 22nd July 2012 On a recent album release by Nas called Life is Good , Anthony Hamilton sings “The world is an addiction / serving up a fix”. The track goes on to discuss the dangers of selling out in pursuit of irrational dreams; indeed, “you gain your life just to lose your soul”. Sometimes I wonder if Tanzania is losing her soul. Perhaps – as time passes – it is me growing more conscious, or media becoming more pervasive to drama. But it seems like this country is chasing grandeur that is alien to her history and at odds with what she needs today. Her history and her needs; what do these mean? For the purpose of this post, I am pointing to Tanzania’s historical pursuit to be an independent nation-state, free of international dues and reliance on help. I am also referring to her current state of affairs, mainly consisting of an inefficient system of education coupled with an unbalanced system of trade. There are a few example...