Molympia Enterprises(u)ltd

30/04/2026

memories

05/05/2022

BREAKDOWN OF COSTS FOR PLANTING 5 ACRES OF ROBUSTA COFFEE

1. Bush clearing (avoid Bush burning that kills organic matter)
Ugx 100,000 per acre. Cost will depend on the type & thickness of the vegetation.
So, (Ugx 100,000 × 5 acres) =
Ugx 500,000 ($ 139)

2. Ploughing. 1st Ugx 130,000 per acre & 2nd 130,000 per acre using a tractor
Ugx (260,000 × 5 acres) =
Ugx 1,300,000 ($ 361)

If you're near a prison, you can talk with the management and get cheap Labour.

3. Digging holes/Pitting & Planting (500@)
Ugx 225,000 per acre × 5 acres =
Ugx 1,125,000 ($ 313)

A hole should be L 2ft × W 2ft × D 2ft, and must be dug a month earlier before planting.
Spacing should be 3 Metres x 3 Meters (10ft x 10ft) which gives 450 trees (Standard).

Or 1 Metre apart and 3 Metres apart in rows (the Brazilian spacing). So a farmer can have 1,300 Robusta coffee trees in an acre.
Planting should be carried out at the onset of rains.

4. Fertilizers. This can be cow dung, poultry droppings mixed with soil or composite manure. A farmer should apply atleast half a basin or full basin of manure per hole before planting the seedlings.
1st year: 15 Elfs for 5 acres, each at Ugx 80,000 =
Ugx 1,200,000 ($ 333)

5. Seedlings. Each seedling costs Ugx 1,000
(Ugx 1,000 × 450 seedlings in 1 acre × 5 acres) =
Ugx 2,250,000 ($ 625)

You can target free seedlings provided by the gov't to save or plant your nursery bed.

6. Weeding 1st year Ugx 120,000 per acre × 5 acres =
Ugx 600,000 ($ 167)

...........................................
TOTAL COST: 6,975,000
(Approximately $ 1,938)

NOTE: ▪The above breakdown isn't fixed. Some costs will varry depending on your location.
▪The estimated cost of planting one acre of robusta coffee is therefore Ugx 1,395,000 ($ 388)
▪The smaller the project/plantation, the higher the costs incurred and Vice versa.
...... Next is the profitability of this investment.

Information by:

Ssalongo Ssali - Financial Therapist
https://m.facebook.com/story.php?story_fbid=176626333921576&id=104015484515995
Email: [email protected]
WhatsApp: +256779164810

12/10/2020

WHAT WOULD YOU DO WITH YOUR FIRST SAVINGS?

a) Build a residential home
b) Build a business/Investiment or
c) Buy a car

There's a general confusion among people regarding what and where to begin with their first savings. Some people choose to first buy a ride, others buy land and build rentals, others think of starting up a business, others choose to build residential homes immediately and so on....

Today i am here to solve this puzzle.

All the three approaches are practically correct depending on what someone opts to start with. It's however important to accept that where you choose to invest your first savings will be determined/influenced by 👔your age, 👔peer, 👔size of your family, 👔social status, 👔nature of job, 👔economic background, 👔future prospects....etc. Take an example:

❕ A bachelor (single youth) below 30 years will not think of constructing a home from his first savings because it's of no big significance at this stage. The alternative could be starting up a strong business.

❕ On the other hand, a Lawyer or Engineer may choose to first buy a car before anything else because having a means of transport boosts his status and trust to the clients. Such professions necessitate public image not your home. An engineer who looks shabby and disorganised will find it hard to win a contract for construction sites worth billions.

❕ A 42years father of five kids, renting two rooms may be forced to use his savings from his job to build for his family a home to escape rent fees before buying a car. This will create a state of stability and safety for his aging family.

❕ Contrary a popular and famous city pastor may choose to start with building a magnificent home because of his social status.

❕ Why would a person from a rich family panic to build a residential house? Such people think of building strong businesses instead.

❕ A 27years sales personnel at Nile breweries will find it cool to spend (invest) his first savings on creating other streams of income. He can choose to secure land, start up a small beverage company, start up a depot etc to widen his income base.

❕ Other strategists may choose to use their first savings to invest in transport sector. They buy cars like pick-ups, vans, buses, taxis etc for business/income. Here someone will have combined business and transport.

Conclusion;
In whatever case, whether you start with buying a car, building a home or investing..... as long as you find it fit for you, you're right. Never jump where others have jumped. Do what is fit for you.

Let me leave this question for you to answer.
WHERE WOULD YOU INVEST YOUR FIRST SAVINGS...?
-------------------------------------

06/10/2020

A MESSAGE TO ALL AFRICAN YOUTH ENTREPRENEURS

Who told African youths that their biggest problem in life is buying a plot around the city/big towns, build a house and occupy it to avoid rent payments, buy a car and that's all?

To me, your biggest problem is beyond rent fees or driving. May be The Cash Flow.
What will be the importance of your house and car without a serious source of income? Do you think of the future? What if you lose your job?

Let your biggest problem be "Creating Multiple Sources Of Income" or "Building a working Business."

Sometimes you can choose to remain renting and focus on building a cashflow; a system/business that will generate big income which will be used for further investments. The same income will build for you a big and reputable mansion in a near future and will lead you to financial independence at early age.

Instead of buying a 25ft by 40ft plot in a city slum at 30 millions, and spend 60 Millions to develop it, think of securing 5-10 acres of land, then start developing that land. Do farming. Rear animals and Birds. Secure a chunk of land and plant a forest...etc

I want to assure you that this forward move will turn you into a Millionaire in 8-15 years when the value of your land has even appreciated.

Young entrepreneurs MUST avoid some of these mistakes and start setting long-term goals.

However, If you find that building is inevitable for you, atleast invest in a kind of house that will generate some income to cover up your life needs like rent and bills, and then hustle to build an income generating entity.

Share this Message
Good Luck -

Follow Me Ssalongo Ssali - Financial Therapist
WhatsApp: +256779164810
Email: [email protected]

https://www.facebook.com/Ssalongo-Ssali-104015484515995/

05/10/2020

27/09/2020

Dear Team,
Let's help this teacher.

16/09/2020

PROCESS OF BUYING LAND LEGALLY

The process of acquiring land legally in Uganda moves along these well-defined steps;

1. A visit to the Land/Property.
2. Carry out Land Title Search in the Land Registry Office.
3. Negotiate prices with the seller.
4. Hire a professional surveyor to verify the land size.
5. Preparation of sale agreement and payments.
6. Transfer of rights.
7. Property valuation
8. Payment of stamp duty
9. Final payment and handover of the title.

NOTE: You can appoint a Lawyer to help you through whole process. He will advise you technically on what to do.