Kampala, Uganda | URN | Uganda has urged investors in the United Kingdom to invest in the 250 percent return-on-investment mining and energy sector in the country. However, only serous and mutually beneficial partners are welcome to invest in the country’s budding extractives sector, according to Ramathan Ggoobi, Permanent Secretary …
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Finance ministry figures released on April 9 show fourth-quarter disbursements of Shs17.444tn, lifting total releases to Shs77.001tn—106.4% of the approved budget and 95.1% of the revised plan Kampala, Uganda | JULIUS BUSINGE | The government has released more funds than initially approved for the current financial year ending …
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KAMPALA, UGANDA | Xinhua | Uganda’s economy has proven to be stable and shown resilience amid shocks resulting from geopolitical tension, a senior official said here Thursday. Ramathan Ggoobi, permanent secretary of Uganda’s Ministry of Finance, Planning and Economic Development, told reporters that the gross domestic product (GDP) growth is …
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Kampala, Uganda | THE INDEPENDENT | The government through the Ministry of Finance, Planning and Economic Development has released a 2026 salary framework for externally funded projects, standardising pay for senior management personnel within in Project Implementation Units. This is aimed at promoting fairness and to align with international benchmarks …
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The greatest risk is not in investing in Africa’s own potential, but in failing to do so Kampala, Uganda | Julius Businge | A continental push is underway to harness Africa’s estimated $700bn in pension assets to fund crucial infrastructure and reduce reliance on foreign debt, senior officials said at the …
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KAMPALA, UGANDA | Xinhua | Uganda will receive more than two billion U.S. dollars in new concessional financing from the World Bank over the next three financial years to support the East African country’s development agenda, a senior government official said Tuesday. Ramathan Ggoobi, permanent secretary and secretary to the …
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Kampala, Uganda | THE INDEPENDENT | In a move that signals a new chapter in Uganda’s financial services landscape, UAP Old Mutual has officially rebranded to Old Mutual, aligning with a Group-wide transition that unifies all its operations across Africa under one trusted and recognisable brand. The rebrand reinforces Old …
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Mpigi, Uganda | THE INDEPENDENT | Uganda’s Permanent Secretary of the Ministry of Finance, Planning, and Economic Development, Ramathan Ggoobi, officially launched Masheda Foods’ new catfish processing factory, hailing it as a prime example of the country’s ambitious strategy to transform its economy. During the launch event, Ggoobi celebrated the …
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Kampala, Uganda | THE INDEPENDENT | The Government has launched a five-year Public Financial Management (PFM) Reform Strategy (2025–2030), designed to transform how public funds are raised, allocated, and utilised. The strategy seeks to drive inclusive development and improve service delivery. Speaking at the launch, State Minister for Planning Amos …
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Kampala, Uganda | THE INDEPENDENT | The government has finally embarked on the enforcement of the directive that compels public contracting entities to stop conducting public procurement and payment in foreign currencies. The directive exempts foreign missions that are allowed to use the currencies in the countries in which they …
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The Independent Uganda: You get the Truth we Pay the Price
