UEGCL Partners with Diatribo Foundation to Launch Life Resilience Training, Empowering Staff for Personal and Professional Growth
In a significant step towards fostering holistic development among its employees, the Uganda Electricity Generation Company Limited (UEGCL) has partnered with the Diatribo Foundation to launch a comprehensive 2-day Life Resilience Training session at Skyz Hotel, Naguru. This initiative, targeting Cohort 1 of UEGCL staff, aims to equip participants with essential skills and knowledge to navigate life’s challenges and enhance their overall well-being.
The training program is designed to address key areas crucial for personal and professional growth, including:
• Retirement Preparedness and Financial Management: Providing participants with strategies to plan for a secure financial future.
• Health and Well-being Management: Emphasizing the importance of maintaining physical and mental health.
• Stress Management and Coping Mechanisms: Equipping individuals with tools to handle stress effectively.
• Challenges Related to Aging and Personal Growth: Addressing issues that come with aging and promoting continuous personal development.
In her opening remarks, Chief Human Resource Officer Joyce Nakalema encouraged participants to actively engage with the training, emphasizing the importance of applying the acquired knowledge to both personal and professional spheres. She highlighted that the skills gained from the training are not only beneficial for individual growth but also contribute to the collective success of the organization.
By focusing on these critical areas, the Life Resilience Training seeks to empower UEGCL staff to lead balanced and fulfilling lives, both within and outside the workplace. This initiative underscores UEGCL’s commitment to the holistic development of its employees, recognizing that their well-being is integral to the company’s success and sustainability.
UEGCL’s Life Resilience Training Day 2: Empowering Staff with Financial
Strategies and Retirement Planning
The second day of UEGCL’s Life Resilience Training, held at Skyz Hotel Naguru, was a
resounding success, featuring insightful panel discussions on critical financial topics.
These sessions provided participants with practical strategies for managing debt and
preparing for a secure retirement.
Key Highlights from Day 2:
- Debt Management Strategies: Experts emphasized the importance of creating
and adhering to a budget, tracking expenses, and prioritizing debt repayment.
Participants learned to distinguish between good and bad debt, with a focus on
eliminating high-interest liabilities to achieve financial stability. Tools such as debt
repayment schedules and financial planning resources were introduced to assist
in this process. - Retirement Preparedness: Discussions centered on the necessity of early
retirement planning, including setting clear financial goals, saving consistently,
and investing wisely. Participants were encouraged to diversify their investment
portfolios, balancing low-risk assets like real estate with higher-risk options such
as equities, to ensure a comfortable retirement. The importance of being debt-
free upon retirement was also highlighted, as it significantly contributes to
financial independence in later years.
Chief Human Resource Officer Joyce Nakalema commended the participants for their
active engagement and emphasized the value of sharing the knowledge gained with
colleagues. She encouraged them to apply the insights from the training to foster a
culture of financial literacy and resilience within the organization.
This training underscores UEGCL’s commitment to the holistic development of its staff,
equipping them with the tools necessary to navigate financial challenges and plan for a
secure future.
