Finance Minister @Matiak5 yesterday hosted Standard Bank Group Deputy Chief Mr. Kenny Fihla who paid a courtesy call on him at his office in Kampala.

Mr. Kenny Fihla was recently appointed the Chief Executive for Standard Bank South Africa. Prior to his appointment, he was the Chief Executive of Corporate and Investment Banking for Standard Bank Group.

Finance Minister Matia Kasaija recently announced the launch of this new financing scheme for private large-scale commercial farmers, designed to provide timely, affordable, and accessible financial resources to farmers who are at the heart of our agricultural economy.

This financing mechanism will support private large-scale commercial farmers to produce 132,600 metric tons (MT) of maize, beans, soya beans, sorghum and animal feeds on a total proposed acreage of 114,661 acres.

The Permanent Secretary and Secretary to the Treasury (PSST), Ramathan Ggoobi in his keynote address at the 2024 Edition of the Pakasa at Kampala Parents School saidUganda has regularly been ranked among the most entrepreneurial countries in the world, adding that on average three in every ten Ugandans start a business annually. 

To put it in a global context, Ggoobi said only one in tenJapanese and less than one in ten Americans start a business every year.