The World Bank has hailed Uganda’s high economic growth rates but noted that this is not corresponding with the improvement in people’s livelihoods.Ndiame Diop, the Bank’s Vice-President for Africa lauded Uganda for the macroeconomic stability but urged the country to transl
Ugandans using mobile money platforms will continue to contend with the 0.5 percent tax to withdraw cash, a tax that has been blamed for the high cost and low uptake of digital money.The Ministry of Finance, Planning and Economic Development, declined to include the proposal of halving the
The Permanent Secretary and Secretary to the Treasury, Ramathan Ggoobi.The Government has released Shs17.444 trillion for the fourth quarter of the Financial Year 2025/26, bringing the total cumulative release to Shs77.001 trillion, according to the Permanent Secretary and Secretary to the
KAMPALA: Uganda’s finance ministry opposed reinstating suspended Accountant General Semakula Lawrence because the allegations against him relate directly to the government’s financial systems, raising risks to public funds and institutional integrity, court documents show.Semakula is c
The Commander of the 3 Infantry Division the Uganda Peoples’ Defence Forces (UPDF), Major General Wilberforce Serunkuma, has described Non-Commissioned Officers (NCOs) as the backbone of the army and urged them to embrace leadership with discipline, responsibility, and commitment.He made
Government has dropped its plan to tax all cash withdrawals after strong resistance from stakeholders, highlighting concerns over economic impact, financial inclusion, and policy contradictions. While the proposal is shelved for now, authorities say the broader push toward a cashless economy and
Kampala — Uganda has received a significant boost in its fight against major infectious diseases after the country secured a USD 521 million grant under the Global Fund’s Grant Cycle 8 (GC8) for the 2026–2028 period.The announcement came during a courtesy meeting between the Permanen
Appearing before Public Accounts Committee of Parliament, Ramathan Ggoobi, Permanent Secretary, Ministry of Finance, and Secretary to the Treasury.Parliament has been told that at the current rate of funding allocated to settle government domestic arrears, it could take more than four deca
Police in Kampala Metropolitan Police (KMP) South have arrested four suspects in two separate operations targeting cattle theft and aggravated robbery, recovering stolen property and cash in the process.On March 7th, 2026, a joint operation by the police, UPDF, and local community members
Ramathan Ggoobi, the permanent secretary to the ministry of finance and secretary to the treasury -PSSTRamathan Ggoobi, the permanent secretary to the ministry of finance and secretary to the treasury (PHOTO /Courtesy)The Ministry of Finance, Planning and Economic Development has re
