Every January, The CEO Magazine predicts a set of CEOs who are expected to face a rough year, over the years, we have been spot on, with a number of CEOs fired and other facing but eventually overcoming raging storms. This time round we bring you yet another set of CEOs who are likely to face a tough 2014.
1. Emmanuel Tumusiime-Mutebile, Governor Bank of Uganda
Prof. Mutebile was voted as Africa’s best governor in 2013 because of his monetary stance that saw inflation fall sharply from a high of 30% in January 2012 to about 8% by the end of 2013. And we say congratulations.
Having won the award, it will be a challenge for the old man to keep inflation within Bank of Uganda targets of 5%. With 2016 election fever increasingly becoming visible and experts warning an impending expenditure, Mutebile will have a big task of mopping out this excess money, for campaign money is mainly for consumption.
Anastacia Tshesane to become PwC SA CEONotably, although he denies the allegations, 2011 high inflation levels was tagged to excessive money supply from the candidates by a number of experts and no one expects the same to happen. One might think 2016 is too far, but speculation about 2016 started last year in all major news outlets in the country. For a man expected to be independent of politics and maintain economic stability of the country, 2014 will definitely be a tough year.
2. Jenniffer Musisi, KCCA ED
In 2013, we predicted a tough year for Madam Jenniffer Musisi and 2014 is not going to be any different. She heads Kampala, the face and a business hub of Uganda and nothing is expected out of her but the best. With increased Kampala Capital City Authority (KCCA) budgets in the last two years, Kampalans expect to see better roads not only in the city centre but also the suburbs. They expect lights along roads, well built drainage water systems, better garbage collection and a jam free city among others. She might be loved and hated in equal measure; Musisi with her team has tried to put order in the city.
However, her big challenge will be still from the political wing of KCCA. It was reported late last year that Musisi and Lord Mayor Erias Lukwago intend to meet and iron out their differences that even saw the “iron lady
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