Matia Kasaija
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Matia Kasaija
Matia Kasaija is a Ugandan politician. He is the current Minister of Finance in Uganda's Cabinet. He was appointed to that position on 1 March 2015, replacing Maria Kiwanuka, who was appointed to Senior Presidential Advisor for Finance. From 27 May 2011 until 28 February 2015, he served as the State Minister for Finance (Planning) in the Cabinet of Uganda. He replaced Ephraim Kamuntu, who was promoted to Minister of Tourism. Before that, he served as the State Minister for Internal Affairs, from 1 June 2006 until May 2011. He is also the elected Member of Parliament for "Buyanja County", Kibaale District. Background and education He was born in Kibaale District on 28 May 1944. He studied at University of Nairobi, back in the 1960s when it was part of the University of East Africa. Kasaija graduated with the degree of Bachelor of Commerce (BCom) circa 1967. Work experience During the Ugandan elections of 1980, at the age of 36, Matia Kasaija was elected to the Ugandan Parliame ...
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Uganda
}), is a landlocked country in East Africa East Africa, Eastern Africa, or East of Africa, is the eastern subregion of the African continent. In the United Nations Statistics Division scheme of geographic regions, 10-11-(16*) territories make up Eastern Africa: Due to the historical .... The country is bordered to the east by Kenya, to the north by South Sudan, to the west by the Democratic Republic of the Congo, to the south-west by Rwanda, and to the south by Tanzania. The southern part of the country includes a substantial portion of Lake Victoria, shared with Kenya and Tanzania. Uganda is in the African Great Lakes region. Uganda also lies within the Nile, Nile basin and has a varied but generally a modified equatorial climate. It has a population of around 49 million, of which 8.5 million live in the Capital city, capital and largest city of Kampala. Uganda is named after the Buganda kingdom, which encompasses a large portion of the south of the country, includi ...
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Kibaale District
Kibaale District, is a district in the Western Region of Uganda. The district headquarters are in the town of Kibaale. Location Kibaale District is bordered by Hoima District to the north, Kyankwanzi District to the north-east, Mubende District to the east, Kyegegwa District to the south-east, Kyenjojo District and Kabarole District to the south-west, and Ntoroko District to the west. The district headquarters at Kibaale are approximately , by road, west of Kampala, Uganda's capital and largest city. The coordinates of the district are 00°47'00.0"N, 31°05'00.0"E (Latitude:0.783333; Longitude:31.083333). Overview The largest town in the district is Kagadi, in Buyaga County, followed by Karuguuza in Buyanja County. A main trunk road was built in 1997, the result of co-operation between the governments of Uganda and Ireland. The road connects the towns of Mubende, Kakumiro, Kibaale, and Kagadi. The Ugandan government had plans in 2012 to split the district into three smaller di ...
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Islamic Development Bank
The Islamic Development Bank ( ar, البنك الإسلامي للتنمية, abbreviated as IsDB) is a multilateral development finance institution that is focused on Islamic finance for infrastructure development and located in Jeddah, Saudi Arabia. There are 57 shareholding member states with the largest single shareholder being Saudi Arabia. History It was founded in 1973 by the Finance Ministers at the first Organisation of the Islamic Conference (now called the Organisation of Islamic Cooperation) with the support of the King of Saudi Arabia at the time ( Faisal), and began its activities on 3 April 1975. On the 22 May 2013, IDB tripled its authorized capital to $150 billion to better serve Muslims in member and non-member countries. The Bank has received credit ratings of AAA from Standard & Poor's, Moody's, and Fitch. Saudi Arabia holds about one quarter of the bank's paid up capital. The IDB is an observer at the United Nations General Assembly. Membership The presen ...
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International Monetary Fund
The International Monetary Fund (IMF) is a major financial agency of the United Nations, and an international financial institution, headquartered in Washington, D.C., consisting of 190 countries. Its stated mission is "working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world." Formed in 1944, started on 27 December 1945, at the Bretton Woods Conference primarily by the ideas of Harry Dexter White and John Maynard Keynes, it came into formal existence in 1945 with 29 member countries and the goal of reconstructing the international monetary system. It now plays a central role in the management of balance of payments difficulties and international financial crises. Countries contribute funds to a pool through a quota system from which countries experiencing balance of payments problems can borrow money. , the fund had XDR 477 billion (a ...
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East African Development Bank
The East African Development Bank (EADB) is a development finance institution with the objective of promoting development in the member countries of the East African Community. Overview EADB plays a threefold role of lender, adviser, and development partner. The bank provides a range of products and services that are tailored for the region's development requirements. The bank has experience, financial backing, staff, and a knowledge of the region's financial requirements. , the institution's total assets were valued at approximately US$390.411 million, with shareholders' equity of approximately US$261.36 million. History EADB was established in 1967 under the treaty of the then East African Cooperation between Kenya, Tanzania, and Uganda. Following the breakup of the first East African Community (EAC) in 1977, the bank was re-established under its own charter in 1980. In 2008, following the admission of Burundi and Rwanda into the new EAC, Rwanda applied and was admitted into th ...
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African Development Bank
The African Development Bank Group (AfDB) or (BAD) is a multilateral development finance institution headquartered in Abidjan, Ivory Coast, since September 2014. The AfDB is a financial provider to African governments and private companies investing in the regional member countries (RMC). The AfDB was founded in 1964 by the Organisation of African Unity, which is the predecessor of the African Union. The AfDB comprises three entities: The African Development Bank, the African Development Fund and the Nigeria Trust Fund. Mission The AfDB's mission is to fight poverty and improve living conditions on the continent through promoting the investment of public and private capital in projects and programs that are likely to contribute to the economic and social development of the region. History Following the end of the colonial period in Africa, a growing desire for more unity within the continent led to the establishment of two draft charters, one for the establishment of t ...
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National Resistance Movement
The National Resistance Movement ( sw, Harakati za Upinzani za Kitaifa; abbr. NRM) has been the ruling party in Uganda since 1986. History The National Resistance Movement (NRM) was founded as a liberation movement that waged a guerrilla war through its rebel wing National Resistance Army (NRA) that toppled the government in 1986. According to the National Resistance Movement, it restored political stability, security, law and order, constitutionalism and the rule of law to Uganda. Leadership The party's leader, Yoweri Museveni was involved in the war that deposed Idi Amin, ending his rule in 1979, and in the rebellion that subsequently led to the demise of the Milton Obote regime in 1985; however, parallels have been drawn between the NRM and its predecessors. For instance, the NRM-sponsored Public Order Management Bill is strikingly similar to the 1967 Public Order and Security Act, codified by the Obote regime, in that both bills "seek to gag dissenting views." Museve ...
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Idi Amin
Idi Amin Dada Oumee (, ; 16 August 2003) was a Ugandan military officer and politician who served as the third president of Uganda from 1971 to 1979. He ruled as a military dictator and is considered one of the most brutal despots in modern world history. Amin was born in Koboko in what is now northwest Uganda to a Kakwa father and Lugbara mother. In 1946, he joined the King's African Rifles (KAR) of the British Colonial Army as a cook. He rose to the rank of lieutenant, taking part in British actions against Somali rebels and then the Mau Mau Uprising in Kenya. Uganda gained independence from the United Kingdom in 1962, and Amin remained in the army, rising to the position of major and being appointed commander of the Uganda Army in 1965. He became aware that Ugandan President Milton Obote was planning to arrest him for misappropriating army funds, so he launched the 1971 Ugandan coup d'état and declared himself president. During his years in power, Amin shifted from be ...
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Asian People
Asian people (or Asians, sometimes referred to as Asiatic people)United States National Library of Medicine. Medical Subject Headings. 2004. November 17, 200Nlm.nih.gov: ''Asian Continental Ancestry Group'' is also used for categorical purposes. are the people of Asia. The term may also refer to their descendants. Meanings by region Anglophone Africa and Caribbean In parts of anglophone Africa, especially East Africa and in parts of the Caribbean, the term "Asian" is more commonly associated with people of South Asian origin, particularly Indians, Pakistanis, Bangladeshis and Sri Lankans. In South Africa the term "Asian" is also usually synonymous with the Indian race group. East Asians in South Africa, including Chinese were classified either as Coloureds or as honorary whites. Arab States of the Persian Gulf In the Arab states of the Persian Gulf, the term "Asian" generally refers to people of South Asian and Southeast Asian descent due to the large Indian, Pakistan ...
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Parastatal
A state-owned enterprise (SOE) is a government entity which is established or nationalised by the ''national government'' or ''provincial government'' by an executive order or an act of legislation in order to earn profit for the government, control monopoly of the private sector entities, provide products and services to citizens at a lower price and for the achievement of overall financial goals & developmental objectives in a particular country. The national government or provincial government has majority ownership over these ''state owned enterprises''. These ''state owned enterprises'' are also known as public sector undertakings in some countries. Defining characteristics of SOEs are their distinct legal form and possession of financial goals & developmental objectives (e.g., a state railway company may aim to make transportation more accessible and earn profit for the government), SOEs are government entities established to pursue financial objectives and develo ...
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Executive Director
Executive director is commonly the title of the chief executive officer of a non-profit organization, government agency or international organization. The title is widely used in North American and European not-for-profit organizations, though many United States nonprofits have adopted the title president or CEO. It generally has the same meaning as CEO or managing director. The title may also be used by a member of a board of directors for a corporation, such as company, cooperative or nongovernmental organization, who usually holds a managerial position with the corporation. In this context the role is usually contrasted with a non-executive director who usually holds no executive, managerial role with the corporation. However, there is much national and cultural variation in the exact definition of an executive director. United Nations The title is used for the chief executive officer of several UN agencies, such as UN Women. United States In the US, an executive dire ...
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New Vision
The ''New Vision'' is a Ugandan English-language newspaper published daily in print form and online. Overview ''New Vision'' is one of two main national English-language newspapers in Uganda, the other being the ''Daily Monitor''. It is published by the Vision Group, which has its head office on First Street, in the Industrial Area of Kampala, Uganda's capital and largest city in that East African country. History It was established in its current form in 1986 by the Ugandan government. It was founded in 1955 as the ''Uganda Argus'', a British colonial government publication. Between 1962 and 1971, the first Obote government kept the name of its daily publication as ''Uganda Argus''. Following the rise to power of Idi Amin in 1971, the government paper was renamed ''Voice of Uganda''. When Amin was deposed in 1979, the second Obote government named its paper ''Uganda Times''. When the National Resistance Movement seized power in 1986, the name of the daily newspaper was chan ...
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