Taddewo William Senyonyi, Author at Business Focus

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The Tony Elumelu Foundation (TEF) —Africa’s leading philanthropy dedicated to empowering African entrepreneurs—will begin accepting applications for the 2020 cohort of the TEF Entrepreneurship Programme, on January 1, 2020. Applications are made through TEFConnect, the digital networking hub for the African entrepreneurship ecosystem, created by the Foundation. The TEF Entrepreneurship

Museveni Talks Tough On Digital Tax Stamps, Directs Kasaija, URA’s Akol

Taddewo William Senyonyi November 30, 2019November 30, 20190

President Yoweri Museveni has directed Matia Kasaija, the Minister of Finance, Planning and Economic Development to ensure that all factories embrace digital tax stamps. In a letter dated November 18, 2019, Museveni tells Kasaija to give all the support to the digital tax stamps provider, SICPA because the electronic method

Banking News Success Story

Finance Trust Bank Awarded Best Visionary Bank Of The Year

Taddewo William Senyonyi November 29, 2019November 29, 20190

Finance Trust Bank has been awarded the Best Visionary Bank of the Year at the 7th Visionary Awards 2019 under the category of Banking and Finance. The awards are organized by the Government of Uganda. The award is presented by The People of The Republic of Uganda in appreciation for

Fairway Hotel Expands As It Targets Top Class Clients

Taddewo William Senyonyi November 27, 2019November 27, 20191

Fairway Hotel that is located in the heart of Kampala is expanding to accommodate the increasing number of customers as a result of its superior services and customer care. Speaking at the sidelines of the Independent Online Journalists Association (indoja-U) retreat hosted by Fairway Hotel, Anthony Sifuma, the Food &

Analysis & Opinions Banking Featured

2019 Banking Sector Performance: Mutebile Warns Banks Over Rising Customer Complaints

Taddewo William Senyonyi November 27, 2019November 27, 20190

The Bank of Uganda (BoU) Governor, Prof. Emmanuel Tumusiime-Mutebile (pictured) has provided an assessment of the banking sector in the recent past, the present, and where it is going. He gave the status of the banking sector during the 2019 Annual Dinner for the Uganda Bankers’ Association (UBA) held on

URA Awarded Most Innovative Institution In East Africa

Taddewo William Senyonyi November 26, 2019November 26, 20190

Uganda Revenue Authority (URA) has been recognized as the most innovative institution in East Africa at the regional Chief Information Officer (CIO) 100 East African Awards 2019. URA’s Assistant Commissioner- IT James Kizza was also awarded the Chief Information Officer (CIO100) of the year 2019 in East Africa for his

Analysis & Opinions Featured

IMF: S. Africa’s Economic Growth To Remain Sluggish In 2020 For 6th Consecutive Year

Taddewo William Senyonyi November 26, 2019November 26, 20190

An International Monetary Fund (IMF) team led by Ana Lucía Coronel visited South Africa during November 6-21, 2019 to conduct its regular Article IV consultation activities. Discussions focused on the economic performance and outlook; policies to strengthen economic stability; and reforms to reinvigorate private investment, growth, and job creation. In

Analysis & Opinions Featured News

IMF Gives Positive Outlook To Kenya economy

Taddewo William Senyonyi November 23, 2019November 23, 20190

A staff team from the International Monetary Fund (IMF), led by Benedict Clements, visited Kenya from November 18-22, 2019, to discuss recent economic developments and the government’s reform plans. Another mission is planned in early 2020 to hold discussions on a new precautionary stand-by arrangement and undertake the Article IV

Analysis & Opinions Banking Featured

Hard Times As Banks Tighten Lending To Large Companies

Taddewo William Senyonyi November 22, 2019November 22, 20190

Banks are increasingly tightening lending to large enterprises while easing credit extension to households, a new survey by the Bank of Uganda (BoU) has indicated. According to the lending survey conducted by BoU’s Statistics Department in the first quarter of 2019/20, credit standards on loans to enterprises were tightened contrary

Tycoon Tony Elumelu: Africa Must Prioritise Job Creation, Inclusive Growth For Peace & Stability To Prevail

Taddewo William Senyonyi November 20, 2019November 20, 20190

Tony. O. Elumelu C.O.N, Founder, Tony Elumelu Foundation (TEF) and Chairman, United Bank for Africa Group (UBA) proposed job creation for the youth, inclusive growth, and gender diversity as priority areas for Africa’s development agenda to achieve peace and stability on the continent. He said this while speaking on a

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Tony Elumelu Foundation To Open Applications For 2020 Entrepreneurship Programme In January