Dr. Ramathan Ggoobi

PS/ST Ggoobi removes Ministry of Trade’s Geraldine Ssali as Accounting Officer

by The CEO Magazine TeamPolitics & GovernmentThe Big StoryOctober 5, 2023October 5, 2023

Following a recommendation from Parliament, Dr. Ramathan Ggoobi the Permanent Secretary/ Secretary To The Treasury has kickstarted the process to remove Geraldine Ssali Busulwa, the embattled trade ministry Permanent Secretary…

Salaam Bank (formerly Top Finance Bank) gets Uganda’s first Islamic Banking license

by CEO ReporterCompany NewsThe Big StorySeptember 11, 2023September 11, 2023

Salaam Bank, formerly Top Finance Bank, has become the first financial institution in  Uganda to be granted a license by the Bank of Uganda to offer Islamic Banking services. This…

EXCLUSIVE: Gov’t of Uganda borrowed €500 million  from Stanbic Bank to fix FY2022/23 budget holes

by Muhereza KyamuteteraNews & AnalysisPolitics & GovernmentThe Big StoryAugust 29, 2023August 30, 2023

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,…

UGANDA: National Budget Month Launched

by The CEO Magazine TeamGovernment AgenciesNews & AnalysisJune 1, 2023June 1, 2023

The Ministry of Finance Planning and Economic Development, Uganda Revenue Authority (URA) and Civil Society Organizations have launched the National Budget Month ahead of the reading of the 2023/24 financial…

I am shocked -President Museveni leads throngs of mourners eulogising the fallen Keith Muhakanizi 

by Muhereza KyamuteteraNews & AnalysisNews In PicturesApril 14, 2023April 14, 2023

President Yoweri Kaguta Museveni has said he is shocked at the death of former Permanent Secretary to the Ministry of Finance, Planning and Economic Development and Secretary to the Treasury…

This is how to benefit from UDB’s just-launched UGX50 bn climate finance facility

by CEO ReporterCompany NewsThe Big StoryApril 8, 2023April 8, 2023

Uganda Development Bank (UDB), the country’s key strategic partner in delivering socio-economic transformation through sustainable financial interventions, on April 4th launched the UDB Climate Finance Facility (CFF)⏤ a strategic Fund…

Tough times ahead for gov’t suppliers as a meagre UGX200bn is allocated to clearing UGX7.6 trillion in domestic arrears

by Muhereza KyamuteteraNews & AnalysisThe Big StoryMarch 27, 2023March 27, 2023

Members of the Civil Society Budget Advocacy Group (CSBAG) have urged the government to address domestic arrears in the 2023/2024 financial year. The civil society group led by their economist,…

Uganda ranked No.1 in East Africa and 5th on the African Continent in the 2021 Absa Africa Financial Markets Index.

by Muhereza KyamuteteraCompany NewsNews & AnalysisThe Big StoryMarch 11, 2022March 11, 2022

Ugandan financial markets have been ranked in the top spot in East Africa and the fifth on the African continent, according to the just-released 2021 Absa Africa Financial Markets Index….