Government Agencies

Uganda’s troubled Karuma and Isimba Hydro Power Projects⏤ loan liability grows to a UGX 5 trillion

by The CEO Magazine TeamGovernment AgenciesNews & AnalysisThe Big StoryDecember 20, 2023December 20, 2023

The Uganda Electricity Generation Company Limited (UEGCL) is staring at UGX 5 trillion outstanding loan obligations from Karuma and Isimba Hydro Power Projects.   The loan obligations arise from UGX 1.3…

Facebook sanctions and high device costs stare at Nyombi as he takes the reigns as Uganda’s communications industry regulator

by The CEO Magazine TeamGovernment AgenciesNews & AnalysisDecember 2, 2023December 2, 2023

Nyombi Thembo, a shrewd politician and an economist is no stranger to the corporate corridors at Uganda Communications Commission headquarters in Bugolobi, an affluent Kampala suburb. Before his appointment as…

From a poor village boy who shared a grass-thatched house with goats, to a minister and now UCC Executive Director⏤Hon. Nyombi Thembo’s story

by Muhereza KyamuteteraGovernment AgenciesProfilesThe Big StoryDecember 2, 2023January 15, 2024

George William Nyombi Thembo was born in 1964, just two years after Uganda’s independence to the late Erisa Somongu- a political activist and a Kabaka Yekka die-hard, Eseza Nanyonga Ziribasanga…

Josephine Ossiya appointed CEO of Uganda’s Capital Markets Authority

by Muhereza KyamuteteraCEOsGovernment AgenciesProfilesThe Big StoryWomen In LeadershipDecember 1, 2023December 4, 2023

Josephine Okui Okwakol Ossiya CPA, FCCA, MBA, has been appointed as the next Chief Executive Officer of Uganda’s Capital Markets Authority (CMA). She replaces Keith Kalyegira who has been the…

10 Key Issues from the BOU Annual Report: Each board member is paid retainer of UGX 5 million per month!

by CEO ReporterGovernment AgenciesNews & AnalysisNovember 14, 2023November 14, 2023

Bank of Uganda recently released its annual report for 2022/2023. The report highlights the central bank’s performance in relation to its major obligation as the guardian of country’s economy. It…

Uganda Gov’t to acquire shares in businessman, Ben Kavuya’s USD12.7 mn medical glove-making firm

by The CEO Magazine TeamGovernment AgenciesNews & AnalysisThe Big StoryOctober 30, 2023November 1, 2023

Uganda Development Corporation (UDC) the Uganda government’s private sector investing arm, is to acquire an undisclosed number of shares in East Africa Medical Vitals (EAMVL), a medical glove-making company belonging…

Q&A: After 10 years leading Uganda’s Capital Markets Authority, what’s next for Keith Kalyegira? 

by Muhereza KyamuteteraCEOsGovernment AgenciesQ + AsThe Big StoryOctober 30, 2023December 4, 2023

After serving two terms in office, Keith Kalyegira will this December step down. In this interview with CEO East Africa’s Muhereza Kyamutetera, he shares a variety of insights on his…

Q&A: URA’s Digital Strategy⏤ Robert Mutebi, the tax authority’s CIO on digitally delighting taxpayers into meeting their obligations, easily and on time 

by CEO ReporterGovernment AgenciesNews & AnalysisQ + AsThe Big StoryOctober 19, 2023October 19, 2023

In this interview, Rytter Muzira, the Supervisor, Media Management at Uganda Revenue Authority, speaks to Robert Mutebi, the Commissioner of Information Technology and Innovation on the progress of this strategy…

“URA’s  Digitalisation and IT Strategy to unleash our full potential for national good”⏤ CG John R. Musinguzi rallies the nation 

by Muhereza KyamuteteraGovernment AgenciesNews & AnalysisThe Big StoryOctober 18, 2023October 18, 2023

Uganda Revenue Authority’s just-launched Digitalisation and IT Strategy 2023/24-2027/28  is a “living and breathing” testament to the tax authority’s determination to leverage cutting-edge technology to achieve the organisation’s mission to…

Leading from the front and the evolving role of the CFO: Perspectives and insights from Byarugaba, on the delicate role being the CFO of Uganda’s Central Bank  

by The CEO Magazine TeamGovernment AgenciesQ + AsThe Big StoryThe CFO PlaybookOctober 16, 2023October 16, 2023

The role of the CFO is fast-evolving to that of a Chief Value Officer (CVO). What unique challenges and opportunities does this present in the context of a central bank?…