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    Ministry of Finance Planning and Economic Development

    PATRICK BYABAKAMA KABERENGE: This is why NSSF is in a better position than ever before, to continue delivering exceptional performance!

    CEO ReporterThe Big StoryThought LeadershipOctober 3, 2020October 3, 2020

    By Patrick Byabakama Kaberenge It has been a year of mixed performance, amidst uncertainty and the Fund has remained resilient even in these turbulent times. On a happy note, head-line…

    September 25 – October 2, 2020: Weekly financial markets review and outlook with Stephen Kaboyo

    CEO ReporterBanking & Financial ServicesOctober 2, 2020October 2, 2020

    The Uganda shilling tumbled to trade near a two month low undermined by a surge in corporate and importer demand as the country opened up its entry points. At the…

    NSSF declares a 10.75% interest rate for FY2019/20; Fund to pay out UGX1.14 trillion to members

    CEO ReporterBanking & Financial ServicesThe Big StorySeptember 28, 2020September 28, 2020

    The National Social Security Fund (NSSF) has today declared an interest rate of 10.75% for the financial year 2019/20. This was announced by the Minister of Finance, Planning and Economic…

    NSSF set to hold first ever virtual Annual members Meeting

    CEO ReporterBanking & Financial ServicesSeptember 25, 2020September 25, 2020

    Due to the COVID-19 guidelines in place, the National Social Security Fund (NSSF) will hold its first ever virtual Annual Members Meeting on Monday 28th September 2020. In a notice…

    Finance Ministry Undersecretary Kasimbazi Retires from Service

    CEO ReporterBanking & Financial ServicesSeptember 24, 2020September 24, 2020

    Ministry of Finance and Economic Planning Undersecretary and Accounting Officer Betty Kasimbazi is set to retire this month after attaining the mandatory retirement age of 60 years. The Finance Ministry…

    Covid-19: Japans signs UGX14 billion grant to Uganda

    CEO ReporterBanking & Financial ServicesSeptember 22, 2020September 22, 2020

    The Japanese government has today signed a US$3.8 million (UGX14 billion) grant to Uganda under the Economic and Social Development Program. Finance Minister Matia Kasaija signed the Exchange of Notes…

    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…

    Eng. Naimanye Appointed Acting ED of Uganda Road Fund

    theceomaThe Big StoryNovember 6, 2019November 6, 2019

    The Minister of Finance, on recommendation of the Fund Management Board, has appointed Eng. Naimanye Appointed Acting ED of Uganda Road Fund effective 1st November, 2019. Eng. Naimanye takes over…

    Meet Abdulaziz Mansur, Tropical Bank’s new Managing Director and the task he faces in turning around the bank

    theceomaBanking & Financial ServicesC-Suite LeadershipSeptember 30, 2019October 1, 2019

    Tropical Bank Limited has unveiled Abdulaziz M.A Mansur as its substantive Managing Director.   Dennis Mugagga Kakeeto, the bank’s Executive Director, has been doubling as Managing Director in acting capacity,…

    Uganda should only borrow for transport, energy, health, education and agriculture infrastructure- Museveni

    CEO ReporterPolitics & GovermentThe Big StorySeptember 17, 2019September 18, 2019

    President Yoweri Museveni has directed that borrowing of funds for national infrastructure development should only be ascribed to railway construction, electricity generation, irrigation schemes, strategic roads’ building and to some…

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