Ramathan Ggoobi- Page 2

Uganda’s real estate growth faces pressure from high taxes, costly borrowing, and limited deductions, raising rents and threatening investment unless rental tax policies are rebalanced to support sustainable development.
Uganda’s real estate growth faces pressure from high taxes, costly borrowing, and limited deductions, raising rents and threatening investment unless rental tax policies are rebalanced to support sustainable development.

Heavy Taxes, Thin Margins: Why Uganda’s Rental Tax Policy is Testing Real Estate Growth Potential

On the surface, Uganda’s real estate sector appears to be thriving. Cranes dot Kampala’s skyline, mortgage uptake is rising, and Government revenue from corporate and rental income taxes continues to grow. But
December 31, 2025
A photo collage of Cornwell Muleya and Uganda Airlines chief executive officer Jenifer Bamuturaki. Muleya was controversially replaced by Bamuturaki after he was sacked and dragged to court over alleged mismanagement of the airline.
A photo collage of Cornwell Muleya and Uganda Airlines chief executive officer Jenifer Bamuturaki. Muleya was controversially replaced by Bamuturaki after he was sacked and dragged to court over alleged mismanagement of the airline.

Court Orders Uganda Airlines to Pay Former CEO Cornwell Muleya UGX 455 Million Over Illegal Dismissal

The Industrial Court has ordered Uganda Airlines to pay its former Chief Executive Officer, Cornwell Muleya, more than UGX455 million following a ruling that found his dismissal illegal. In a detailed judgment
November 6, 2025
The technical leadership team at the Ministry of Finance, Planning and Economic Development (MoFPED) driving the implementation of the Parish Development Model (PDM), led by Mr. Ramathan Ggoobi (centre), Permanent Secretary and Secretary to the Treasury. Working with a core team that includes Mr. Godfrey Semugoma, Mr. Kaggwa Moses, Mr. Moses Ogwapus, Dr. Ssengonzi Ddamulira, Dr. Bob Munene and Mr. Golooba Lwanga Kezia, Ggoobi oversees the coordination, supervision, and fiscal management systems, ensuring that PDM funds reach parish-based SACCOs across Uganda.

Inside the Ministry of Finance Team Steering Uganda’s Parish Development Model

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
Despite strong export growth, Uganda consistently runs a trade deficit, spending more on imports than it earns from exports. But the balance varies sharply depending on the country and region.
Despite strong export growth, Uganda consistently runs a trade deficit, spending more on imports than it earns from exports. But the balance varies sharply depending on the country and region.

Who are Uganda’s True Trade Partners?

For decades, Uganda’s trade story has been defined by its deepening integration into regional markets, rising dependence on Asia, and enduring ties with Europe. But when you look past the big numbers
September 29, 2025
Whereas banks present a picture of profitability and highly liquid, credit expansion remains weak, and the little lending that takes place is concentrated in consumption and real estate.
Whereas banks present a picture of profitability and highly liquid, credit expansion remains weak, and the little lending that takes place is concentrated in consumption and real estate.

Uganda’s Banking Paradox: Strong, Profitable, and Liquid but Failing to Power Productive Growth

Uganda’s banking sector has never been stronger on paper. And the Bank of Uganda’s latest Financial Soundness Indicators show why. Banks, the indicators show, are heavily capitalized, flush with liquidity, profitable, and
The business climate in August 2025 was defined by steady growth and bright expectations for the months ahead, set against the backdrop of tight credit, liquidity pressures, and rising costs.
The business climate in August 2025 was defined by steady growth and bright expectations for the months ahead, set against the backdrop of tight credit, liquidity pressures, and rising costs.

Uganda’s Business Confidence Index: Optimism Holds, But Strains Emerge Beneath the Surface

The private sector entered August on a cautious but hopeful note. Two major business surveys show that while the economy remains on a growth path, financial strain and weak present conditions are
September 28, 2025
Businesses dealing in wholesale and retail fuel, mining and quarrying, manufacturing and utilities, have to use EFRIS, whether or not registered for VAT.
Businesses dealing in wholesale and retail fuel, mining and quarrying, manufacturing and utilities, have to use EFRIS, whether or not registered for VAT.

URA’s EFRIS Expansion and the Future of Tax Compliance in Uganda

On July 25, the Uganda Gazette carried General Notice No. 2218 of 2025, signaling a shift in the approach to tax compliance and digitization. The notice indicated that Uganda Revenue Authority (URA)
August 20, 2025
Many ordinary Africans have found themselves trapped in a system built by colonialists, optimized by neoliberals, and defended by large setups such as the IMF, UN, and World Trade Organization. It protects the rich while squeezing the poor.
Many ordinary Africans have found themselves trapped in a system built by colonialists, optimized by neoliberals, and defended by large setups such as the IMF, UN, and World Trade Organization. It protects the rich while squeezing the poor.

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

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, and soya.
August 14, 2025
Kiira Motors has signed Letters of Intent with Nigeria for over 3,000 buses and Tanzania for 100 units. But without sufficient production, these deals are nothing more than theoretical lifelines.
Kiira Motors has signed Letters of Intent with Nigeria for over 3,000 buses and Tanzania for 100 units. But without sufficient production, these deals are nothing more than theoretical lifelines.

Underwhelming Returns: With a Target of UGX197b, Kiira Motors Only Earned UGX2.3b in the 2023/24 Financial Year, Which is Just 1.2%

In Uganda’s long journey toward industrial self-reliance, Kiira Motors Corporation (KMC) stands as a symbol of ambition: a state-owned automaker daring to challenge a global industry from the heart of Africa. It

 

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