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Tag Archives: Kasaija

Uganda secures Sh1.8 trillion grant for refugee response

Kampala, Uganda | THE INDEPENDENT | The World Bank has approved $500 million (1.8 trillion Shillings) to support Uganda’s Refugee Programme. The grant will support Refugees and Refugee host communities through development projects that will support services such as Education and Healthcare. The World Bank Vice-President for Africa, Hafez Ghanem …

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KASAIJA: Islamic Banking an opportunity for Ugandans

  Kampala, Uganda | THE INDEPENDENT | The Minister of Finance, Planning and Economic Development, Matia Kasaija has said the zero interest system in Islamic Banking should attract a good number of Ugandan entrepreneurs. According to Kasaija, Ugandans have been reluctant to borrow from banks due to the high interest rates …

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Sports betting ban

Why putting money on Kasaija not Bahati is smart Kampala, Uganda | DAVID AJUNA | On Jan.20 David Bahati, the minister of state for Finance made an announcement that has shaken the betting industry in Uganda and attracted international attention. Bahati who was speaking at an event in Rugarama, in …

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KASAIJA: Uganda’s debt remains sustainable

Kampala, Uganda | THE INDEPENDENT | Minister of Finance Matia Kasaija has said Uganda’s debt remains sustainable with nominal debt to GDP of 41.5%. He said the debt levels are comfortably below the international sustainability threshold of 50% debt to GDP ratio –  beyond which debt starts getting unsustainable – and …

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