By Willy Byarabaha
. De’Bank: an emerging name in African Business world.
South Africa based Ugandan business man Shafiq Katumba aka Katsha De’Bank is not about to stop giving words of wisdom for as far as successful business is concerned.
Investment is a kind of trade where divergence is found everywhere. This is more evident from the attitude of the investors as usually they don’t agree on much. But, one thing where they all agree is the preparedness of the mind for doing this investment business. It would not be out of place to say that those who are not prepared well about their goals, intended market and their strategies, they don’t augur well in the field of investment. That is why, investors agree on a point that for making money from investment business, you need to develop a strategy based on rationale set of rules. In case you come to market without having a proper strategy, you will be among those who jumped into ocean without a life jacket .
Shafique Katumba who is known as Katsha De’bank in whole Africa is a famous businessman is a right example to learn about investment success formula which every investor needs to read. Mr. De’bank is the founder of famous Katsha Technology Group. His group controls around fifty companies covering variety of products. He has a reputation of a successful investor. However, his success formula is based on just three main aspects namely:
He has also earned the title of Warren Buffet of Africa and business people termed him as the jewel of Africa. He explains his three pronged strategy in following way.
Lastly, Mr. De’bank always maintained that reading is the key to making his three pronged formula a success. Therefore, he always advised his colleagues and other fellows to develop the habit of reading.