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 …
Read More »
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 …
Read More »
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 …
Read More »
Kampala, Uganda | THE INDEPENDENT | The Ugandan Shilling continued strengthening against the US Dollar in the year 2024/25 as remittances, exports and new government policies. The local currency ended June 2025, trading at an average mid-rate of 3,605.84 Shillings per dollar, compared to 3,653.40 per USD in May 2025, …
Read More »
He reminds all everyone that the future will not be inherited but must be built Kampala, Uganda | JULIUS BUSINGE | Under the glistening waters of Lake Victoria and the backdrop of Entebbe’s Imperial Resort Beach Hotel, Uganda’s 13th CPA Economic Forum unfolded—not just as a conference of ideas, but as …
Read More »
Kampala, Uganda | THE INDEPENDENT | The Government of Uganda has received 170 Billion Shillings being part of the World Bank financing for the manufacturing and export value chains through the INVITE Trust. The INVITE (Investment for Industrial Transformation and Employment) Project is a Government of Uganda (GoU) initiative financed by …
Read More »
Kampala, Uganda | THE INDEPENDENT | Uganda has the ability to grow the size of its economy 10 times in the next 15 years, but things have to be done differently, including clearing the mess that characterizes all corners, according to Ramathan Ggoobi, the Permanent Secretary at the Ministry of …
Read More »
1. The Value Added Tax (amendment) act, 2025. 2. The Stamp Duty (amendment) act, 2025. 3. The Excise Duty (amendment) (no.2) act, 2025. 4. The Tax Procedures Code (amendment) act, 2025. 5. The supplementary appropriation act, 2025. 6. The hides and skins (export duty). 7. The income tax (amendment) …
Read More »
Kampala, Uganda | THE INDEPENDENT | The Ministry of Finance Permanent Secretary and Secretary to Treasury, Ramathan Ggoobi, has said that the journey to build a USD 500 billion economy by 2040 will come with several challenges and that things that must be done in the right way. The strategy …
Read More »
KAMPALA, UGANDA | Julius Businge | In a high-level convergence of business, diplomacy, and strategic vision, Uganda Airlines hosted the Uganda–UK Trade and Business Forum at the Sheraton Kampala Hotel on April 16. The event marks a defining moment in Uganda’s aviation and economic landscape as the national carrier prepares …
Read More »
The Independent Uganda: You get the Truth we Pay the Price
