Bangkok, Thailand | NEWS CORRESPONDENT | Uganda has offered Thai investors 10-year tax holidays, full foreign ownership of their businesses and unrestricted repatriation of profits, as the East African country tries to attract Southeast Asian capital to its farms, factories, mines and tourism sector. Ugandan officials made the offer …
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The announcement coincided with a strong improvement in the bank’s financial performance Kampala, Uganda | THE INDEPENDENT | The East African Development Bank (EADB) has launched a $13mn fund targeting youth- and women-led enterprises, as the regional lender moves to deepen access to development finance across East Africa. The facility …
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Secretary to Treasury Ggoobi tips on building USD 500b economy Kampala, Uganda | THE INDEPENDENT | The Ministry of Finance Permanent Secretary and Secretary to Treasury, Ramathan Ggoobi, has said that the journey to build a USD 500 billion economy by 2040 will come with several things that must be …
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Kampala, Uganda | THE INDEPENDENT | The government has vowed to clear the half a trillion hhillings owed to contractors under the Ministry of Works and Transport, before the end of this year. The Permanent Secretary and Secretary to the Treasury, Ramathan Ggoobi, says these monies will be cleared over …
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Secretary to the treasury Ggoobi preaches markets, investment and tourism to Ugandan diaspora community in France Paris, France | THE INDEPENDENT | Permanent Secretary and Secretary to the Treasury Ramathan Ggoobi has met Sales Director of Airbus Michael Guiraud on day three of his four day working visit of France. Uganda Airlines …
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Paris, France | THE INDEPENDENT | Permanent Secretary and Secretary to the Treasury, Ministry of Finance Planning and Economic Development Ramathan Ggoobi is in Paris to engage French investors, business leaders, and government officials. He made his first pitch for why Uganda remains one of the most attractive investment destinations in Africa …
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Kampala, Uganda | THE INDEPENDENT | Uganda and other African countries have been advised to take a keen interest in US politics. The outcome of the presidential polls later this year is poised to affect several economies across the world. Experts say, the election is important for Uganda, which …
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Kampala, Uganda | THE INDEPENDENT | The government has embarked on an ambitious strategy of growing the economy tenfold from USD 49.5 billion as of FY 2023/2024 to USD 500 billion in the next 15 years. The NDPIV is the fourth out of the six National Development Plans for Uganda Vision …
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Kampala, Uganda | THE INDEPENDENT | The Permanent Secretary for the Ministry of Finance, Ramadhan Ggoobi has declared Dr. Benard Patrick Ogwel, General Secretary of the National Council of Sports (NCS), unfit to continue as the council’s accounting officer. In a letter dated July 25, addressed to the NCS Chairperson and …
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Kampala, Uganda | THE INDEPENDENT | The government has released up to 5.899 trillion Shillings for various activities in the first quarter of the 2024/25 financial year. A bulk of the funds will finance the non-wage bill with an allocation of 3.371 trillion Shillings, followed by the wage bill at 1.990 …
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The Independent Uganda: You get the Truth we Pay the Price
