Tag: Finance Minister Matia Kasaija

Uganda buys far more from foreign countries than it sells abroad, creating a massive $4.6 billion trade gap. Because international sellers only accept US dollars, local traders are constantly scrambling to buy greenbacks, driving the dollar’s value up and shilling down.
"It is very sad to learn of the death of our brother Hon. Charles Matovu, former Member of Parliament for Busiro South, who passed on yesterday. Hon. Matovu represented his people with vigor and utmost dedication in the 11th Parliament. He was a member of the Parliamentary football team, where his tremendous contribution led us to dominate the East African Parliamentary games. My condolences go out to his family, the people of Busiro South, and the country at large. May he rest in eternal peace., Tayebwa said.

Uganda Strengthens Agricultural Development as IFAD Injects $100 Million...

Uganda has deepened its four-decade partnership with the International Fund for Agricultural Development (IFAD), after receiving USD 100 million...

Uganda Records Stable Inflation and Strengthening Shilling Amid strong...

Uganda’s economy continues to show resilience, with inflation holding steady at a low 3.8 per cent in both July...

Uganda Focuses on Tenfold Growth Strategy to Expand Economy...

Uganda has set out an ambitious economic roadmap under its Tenfold Growth Strategy, which aims to expand the size...

Uganda Secures $150M from BADEA to Boost Small Businesses...

Uganda’s micro, small, and medium enterprises (MSMEs) the backbone of the country’s economy are set to receive a major...

UGANDA’S BUDGET 2025/26: A Cautious Leap Toward NDP IV...

When Finance Minister Matia Kasaija stood before Parliament on June 12th, 2025, to unveil the UGX 72.136 trillion national...

Karuma and Ayago Bridges Reopen to Traffic Ahead of...

The Ministry of Works and Transport (MoWT) has announced that Karuma and Ayago Bridges along the Kampala–Gulu Highway will...

Among Shouldn’t Have Stolen Iron Sheets Meant for Northern...

The Leader of Opposition in Parliament, Joel Ssenyonyi, has refuted claims made by Speaker Anita Among, who said that MPs who boycotted the regional parliamentary sittings in Gulu City are selfish and disrespectful to the people of Northern Uganda.

IS IT THE END OF THE BEGINNING OR THE...

Several traders in Kikuubo and other areas in downtown Kampala on Monday, April 8, 2024, closed their shops in...

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