Tag Hon. Matia Kasaija

How Shs166.6Bn Gov’t Debt with UCAA is Threatening Uganda’s Trade, Tourism, and Oil & Gas Sectors

In a high-level stakeholder engagement held this week at the Imperial Royale Hotel, the Uganda Civil Aviation Authority (UCAA) revealed a critical financial bottleneck that threatens to stall the nation’s soaring aviation ambitions. The UCAA Director General, Mr. Fred K.…

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MP Ssenyonyi Raises Queries Over ‘Selective Bailout’ for Roofings Limited Amid Massive Borrowing

The Leader of the Opposition in Parliament, Rt. Hon. Joel Ssenyonyi has publicly criticised the government’s decision to allocate Shs5.4 billion toward purchasing a power stabiliser for Roofings Limited in Namanve Industrial Park. This condemnation came amidst the parliamentary approval…

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UDB Extends to Hoima to Drive Financial Inclusion and Transform Agriculture in Albertine Graben

The Uganda Development Bank (UDB), the nation’s premier development finance institution, has launched its new regional office in Hoima City, marking a strategic expansion aimed at deepening financial inclusion, fueling economic growth, and channeling critical investment into the agricultural sector.…

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Government Loses Shs11 Trillion as Auditor General Flags Massive Revenue Leakage from Black Market Gold Exports

Uganda is losing staggering amounts of revenue from its mineral wealth, with a new report from the Auditor General, Edward Okwakol, revealing a Shs11 trillion loss from black market gold exports. This massive financial haemorrhage is directly undermining the government’s…

Read MoreGovernment Loses Shs11 Trillion as Auditor General Flags Massive Revenue Leakage from Black Market Gold Exports

Min. of Finance Unveils Strategic Frameworks to Fuel Economic Growth, with Stanbic Bank at the Forefront

Uganda has taken a significant stride toward aligning its economic ambitions with global climate goals. The Ministry of Finance, Planning and Economic Development, in a landmark partnership with the World Bank, European Union, Stanbic Bank, and other key international and…

Read MoreMin. of Finance Unveils Strategic Frameworks to Fuel Economic Growth, with Stanbic Bank at the Forefront