Tag: Ramathan Ggoobi

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.

Ministry of Finance Launches National Budget Month, Calls for...

The Ministry of Finance, Planning and Economic Development has officially launched the National Budget Month for the Financial Year...

Uganda to Stop Funding National Holiday Celebrations, Redirect Billions...

The Government of Uganda will no longer finance large scale public holiday celebrations starting in the 2026/27 financial year,...

Uganda Targets Capital Market Growth to Boost Long-Term Financing...

Ministry of Finance, Planning, and Economic Development is prioritizing the rebuilding and promotion of capital markets to provide long-term...

Uganda Opens Doors to UAE Investors in Multi-Sector Growth...

After four days of high-level discussions, the 4th Uganda–UAE (United Arabs Emirates) Business Forum concluded at Munyonyo on Wednesday,...

Government Releases Shs 17.18 Trillion to Kickstart Tenfold Growth...

The Government of Uganda has released Shs 17.18 trillion for the first quarter (Q1) of the Financial Year 2025/26,...

New District Creations in Tororo: Service Delivery or Power...

In February 2025, President Yoweri Kaguta Museveni approved the creation of three new districts from the existing Tororo district...

Uganda’s Exports Surge by 12.1% in Q2 – PSST...

Uganda's export sector has experienced a significant boost in the second quarter of the financial year 2024/2025, registering an...

Ugandan Government Fronts Local Content in Developing Standard Gauge...

The $2.3 billion project, expected to take 42 months to complete, will revolutionize Uganda's transportation sector, reducing travel time and increasing efficiency.

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