IMF Archives – CEO East Africa

IMF Wants Govt to Introduce VAT on Fuel

CEO East Africa MagazineThe Big StoryFebruary 9, 2026February 9, 2026

The International Monetary Fund (IMF) has urged government to introduce Value Added Tax (VAT) on fuel products as part of a broader strategy to strengthen domestic revenue mobilization and improve…

How Debt, Tax, and Colonial Legacies are Rigging Africa’s Future

Jeff WintersThe Big StoryAugust 14, 2025August 14, 2025

Christine Aber wakes before the sun does in Northern Uganda. She sets up her modest stall and begins the daily grind – selling a humble mix of millet flour, rice,…

Uganda Gov’t plans to borrow over UGX 5.8 trillion in a single sitting amid rising debt concerns

Paul MurungiBanking & Financial Services East Africa News & Analysis Politics & Goverment The Big StoryMarch 25, 2025March 25, 2025

A leaked memo from the Office of the Prime Minister reveals that the government of Uganda plans to review and possibly approve borrowing proposals amounting to over USD 1.6 billion…

Capitalism in Crisis: What Trump’s America Means for Africa’s Future.

Dr. Apollo BuregyeyaThought LeadershipMarch 13, 2025March 13, 2025

America’s Façade Fades. The United States, once hailed as the “indispensable nation” in global affairs, has abandoned even the pretense of enlightened leadership. Under Donald Trump’s administration, its foreign policy…

IMF explains why the U.S dollar is losing global dominance to non-traditional currencies

Paul MurungiBusiness & MarketsJune 11, 2024June 11, 2024

The International Monetary Fund has pointed to an ongoing gradual decline in the dollar’s share of allocated foreign reserves of central banks and governments across the globe. However, strikingly, the IMF shows the reduced role of the US dollar over the last two decades has not been matched by increases in the shares of the other “big four” currencies—the Euro,…

IMF predicts AI will affect 40% of all jobs, worsen inequality

CEO ReporterBusiness & MarketsJanuary 16, 2024January 16, 2024

Artificial intelligence is set to affect nearly 40% of all jobs, according to a new analysis by the International Monetary Fund (IMF). IMF’s managing director Kristalina Georgieva says “in most…

COVID Cash: MPs Demand an Audit

URNBanking & Financial ServicesJanuary 27, 2021January 27, 2021

Members of the budget committee of Parliament have demanded for an audit into the funds received by government to handle the COVID-19 pandemic. The demand was put to the Finance…

Gov’t to borrow a record UGX5.7 trillion for Covid-19, roads, health and private sector

Muhereza KyamuteteraThe Big StoryMay 21, 2020May 21, 2020

Government of Uganda is to borrow up to USD1.51 billion (UGX5.7 trillion) from various multilateral lenders, once Parliament approves the motions tabled before it. According to a parliament brief to…

COVID-19: IMF approves UGX1.9 trillion loan to Uganda

Muhereza KyamuteteraThe Big StoryMay 7, 2020May 7, 2020

The Executive Board of the International Monetary Fund (IMF) on Wednesday, May 6th approved a disbursement of USD491.5 million (UGX1.87 trillion) under the Rapid Credit Facility (RCF) to help deal with the effects of Covid-19. According to an IMF media release, the money is to “finance the health, social protection and macroeconomic stabilization measures, meet the urgent balance-of-payments and fiscal needs…

Bulgarian Economist Kristalina Georgieva Appointed as the New Head IMF

CEO ReporterThe Big StorySeptember 26, 2019September 26, 2019

Ms Georgieva, who was previously chief executive of the World Bank, becomes the first person from an emerging economy to lead the IMF. She will succeed Christine Lagarde, who is…