In all of Uganda’s government programmes, no initiative has captured the spirit of grassroots transformation quite like the Parish Development Model (PDM).It is the most ambitious effort yet to connect public finance directly to ordinary citizens, taking government services, credit, and enterprise support to the parish—the lowest administrative level of Uganda’s economy. Launched in February 2022, the PDM seeks to transition 3.5 million subsistence households into the money economy by channelling resources to local communities. The results are already visible: UGX 3.29 trillion disbursed to over 2.4 million households, and financial inclusion rising from 77% in 2018 to 81% today….
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By CEO East Africa Magazine Team Uganda’s ambition is bold: to grow its economy tenfold, moving millions out of poverty and cementing its place among Africa’s rising stars. The 2025/26 national budget, with a resource envelope of UGX 72.4 trillion, sets the tone — prioritising human capital, infrastructure, industrialisation, and digital transformation. But behind the optimism lies a fiscal squeeze. Public debt is climbing past USD 31.5 billion (51.26% of GDP), leaving little room for fresh borrowing. That means financing Uganda’s 10x dream depends squarely on domestic revenue mobilisation. Rather than introducing new taxes, the government is tightening administration —…
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Moses Kabanda has over 20 years of experience in public sector policy formulation and management. He has vast experience in macroeconomic management, energy policy and petroleum revenue management, economic and…
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Finance Minister Matia Kasaija has this Thursday 12th June 2025 delivered Uganda’s 2025/26 National Budget at Kololo Independence Grounds, outlining a UGX 72.1 trillion spending plan designed to accelerate inclusive…
NRGI is a global non-profit that works to create a world where “natural resources enable fair, prosperous and sustainable societies, instead of undermining them”.The non-profit focuses on creating informed, inclusive…
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A businessman, Moses Asasira, the Projects Coordinator/ Director of Adroit Consult International has appealed to Mr Ramathan Ggoobi, the Finance Ministry Permanent Secretary and Secretary to the Treasury (PS/ST), to expedite his company’s compensation for money lost in South Sudan over 10 years ago. In the 24th of July 2024 letter, Asasira told Ggoobi that while his company was one of three companies that were found to have valid compensation claims, the other two had been partially compensated leaving out his. “I am writing to follow up on the compensation for Adroit Consult International, one of the South Sudan-Uganda traders….
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On a country specific level, the United Arab Emirates remained Uganda’s largest destination of exports during the month accounting for 21.9% of the total value of merchandise exported.
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The government of Uganda in Q4 of FY2022/23 borrowed €500 million (UGX2 trillion) from Stanbic Bank Uganda and its parent, Standard Bank South Africa, to plug holes in its budget, CEO East Africa Magazine can exclusively reveal. The Ministry of Finance, in a mailed response to inquiries from this magazine, confirmed to this publication that the money was “to finance the government budget for the FY 2022/23”. CEO East Africa Magazine understands that the money would among others be used to finance interventions in the agriculture sector, mainly irrigation, post-harvest storage and marketing programmes, as well as deepening market access…
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Government will in the Financial Year 2023/24 redirect resources towards wealth creation by facilitating more Ugandans to join the money economy and accelerate the economy’s rapid expansion, the Finance Ministry Permanent Secretary/ Secretary to Treasury Ramathan Ggoobi has said. He said this on June 16th 2023 during the 2023 Post Budget Dialogue organised by Absa Bank Uganda in partnership with Deloitte and NTV Uganda under the theme “Managing risks, vulnerabilities that await implementation of the FY 2023/24 National Budget”. According to Ggoobi, the Government is looking to accelerate the full monetization of the economy to achieve socioeconomic transformation. Key focus…
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