MUSASIZI MEETS NEW GERMANY AMBASSADOR Finance Minister @henrymusasizi1 has this morning received the new Germany Ambassador to Uganda H.E Sigrid Sommer at his office ahead of the Uganda- Germany Government Negotiations scheduled for the first week of November 2026, which will set the framework for cooperation over the next two years. The Minister welcomed the new Ambassador and thanked the Germany Government for the bilateral cooperation and support to Uganda over the years especially in the sectors of energy, water, agriculture and rural development as well as financial and technical cooperation. Musasizi said development cooperation must be linked to Uganda’s Tenfold Growth Strategy through support to the ATMS and Enablers. The Germany Ambassador said their interventions are aligned with the Tenfold Growth Strategy. She said the priority areas of support include; energy, agriculture,water,private sector development and inclusive communities including refugees and host communities. She applauded Uganda’s Refugee Policy and the stabilizing role of Uganda by hosting refugees, adding that, this is the reason the Germany Government considers it as priority area. The Ambassador who was accompanied by the Head of Development Cooperation, Alicia VAN DEN BOOM also expressed commitment to promoting trade and investment and encouraged Uganda’s participation in the forthcoming German-Africa Business Summit due next month in November,2026. Germany financial cooperation portifolio with Uganda now stands at Euro 470.5 million across 30 projects of which Euro 241.1 million has been already disbursed.

FINANCE MINISTER MEETS MTN SENIOR VICE PRESIDENT Finance Minister @henrymusasizi1 this morning met MTN Senior Vice President for the Southern, East Africa, Ghana and Sudan region, Ebenezer Asante who paid him a courtesy call at his office in Kampala. Mr. Asante was accompanied by senior officials of @mtnug including the Chief Executive Officer Sylvia Mulinge and the Managing Director Mobile Money, Phrase Lubega. The discussions focused on reorganizing the operations of MTN business in Uganda following a strategic decision taken at the group level to separate connectivity from fintech. The Minister said Government is committed to continue working with MTN Uganda as long as the reorganization does not disadvantage the country especially in terms of tax revenue. The MTN Senior Vice-President thanked Government for the cooperation and expressed commitment to continue working closely with Uganda and fulfilling all the business obligations including payment of taxes without leakages, data protection and privacy. He said the reorganization will streamline regulation and enable the business to attract global partners in their specific area of interest.