sgodfrey

Godfrey Ssenyonjo is a professional accountant in the making pursuing his CPA. Godfrey has previously worked as the General Manager Summit Business Publications Ltd. He speared the transformation of the magazine into an online digital magazine accessible world-wide. He changed career into consulting with key interests in the finance. He has championed IFRS 9 and IFRS 16 implementation at several banks. Has made several Board briefings to many financial instructions.

Who cares? The frustrations of doing business in Uganda

Uganda has many enterprising people, but few businesses. If anything explains the high poverty levels in many parts of the country, it is not an unwillingness to work hard—most Ugandans still sweat to survive. Nor is it because of a lack of enterprise and optimism: on the permanently traffic-jammed streets of Kampala, the country’s main …

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Is the government afraid of cooperatives?

The cooperative movement in Uganda has contributed to tremendous success. A notable success story is the now Stanbic Bank, the undisputed market leader in Uganda’s banking sector with one of the most active counters at the Uganda stock exchange. Many of the current bread of politicians and businessmen (now in their advanced age) were educated …

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The transformation of private security firms

The provision of private security guard services is one of the most lucrative businesses. In high crime cities like Nairobi, Johannesburg or Lagos, the business is very profitable, though excessively risky. In these cities, it is common for criminals to undertake high-risk missions like sealing off an entire commercial building, conducting a theft and air …

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