Wednesday, June 3, 2026
  • About
  • Advertise
  • Careers
  • Contact
Insight Post Uganda
  • Home
  • NewsHot
    • Health
    • Politics
    • Religion
    • Lifestyle
    • World News
    • Tourism
    • Environment
    • Agriculture
  • Business
    NEMA inspectors carry out an environmental compliance inspection at NYTIL’s facility in Buikwe District following allegations of industrial effluent discharge into neighbouring land and the River Nile.

    NYTIL Fined UGX 180 Million Over River Nile Pollution Case

    Matiya Kasaija

    Kasaija’s Legacy: Economic Reforms, Recovery Funds and Political Humour

    Deputy Governor, Michael Atingi-Ego

    BoU Reduces Cheque Limits, Tightens Cash Withdrawals to Boost Electronic Payments

  • Sports
    More Than 400 Arrested After PSG Champions League Celebrations Turn Violent

    More Than 400 Arrested After PSG Champions League Celebrations Turn Violent

    Raheem Sterling Held Over Suspected Drug-Driving Following Motorway Crash

    Raheem Sterling Held Over Suspected Drug-Driving Following Motorway Crash

    Noise Cut: PSG Beat Arsenal to Retain Champions League Title

    Noise Cut: PSG Beat Arsenal to Retain Champions League Title

  • Education
    Dan Odongo, the Executive Director of UNEB

    UNEB Gives Schools More Time for National Exam Registration

    The fire is believed to have started on the first floor of the dormitory before spreading through the building.

    16 Students Killed in Deadly School Fire, Scores Injured

  • In Luganda
    Betty Nambooze, Mukono Municipality MP

    Kibuule Akubye Mu Nambooze Ebituli, Talina Kyakoledde BannaMukono Okujjako Okujoboja

    Omubaka Gwetwalonda Teyadda-Abekyampisi Betondedde Kibuule

    Omubaka Gwetwalonda Teyadda-Abekyampisi Betondedde Kibuule

    Counsel George Musisi ng'alaga emu ku kaadi mu lukungana lw'amawulire

    Munnamateeka Wa NUP Atambula Nju Ku Nju Ng’ Asaggula Obuwagizi  

  • In Photos
    Ronald Kibuule at Mukono recently.

    Kibuule Poised for Return as Museveni Signals Endorsement in Mukono North

    Katikiro presiding over the opening of the renovated official residence of the Buddu County Chief at Ssaza grounds in Masaka City on Tuesday. Pictures by Robert Nsubuga.

    Pictorial:  Katikiro Mayiga Slams Masaka People Over Poor Hygiene

    Ismael-Kifudde-the-Mukono-Police-Division-Officer-in-Charge-directing-Nambooze-not-to-use-the-route-heading-to-town-center

    Moments of Excessive Force Against Betty Nambooze in Recent General Elections

  • Profiles
    Brig. Gen. Kiyengo (center) posing for the photo with the members of Nakifuma Rotary Club who promised to attend his book launch.

    CUTTING THROUGH HELL: UPDF Medic Chronicles Uganda’s Silent War in Somalia Through Powerful Memoir

    L-R MP Mawogola South (Sembabule)-Goreth Namugga, Councillor Amiri Kiggundu, COTFONE Coordinator-Kayinga Yisito Muddu and Mr Xavier Ejoyi, Country Director ActionAid International Uganda at the award event

    National Citizens’ Integrity Awards 2024: Unsung Heroes Celebrated

    Shaping Perceptions: Patricia Namiwanda, a Blind Advocate Of Change

    Shaping Perceptions: Patricia Namiwanda, a Blind Advocate Of Change

  • Op-Ed
    • Editorial
    • Opinion
  • Login
No Result
View All Result
Insight Post Uganda
Home Business

Kasaija’s Legacy: Economic Reforms, Recovery Funds and Political Humour

Insight Post Uganda by Insight Post Uganda
June 3, 2026
in Business
Reading Time: 4 mins read
A A
0
Matiya Kasaija

Matiya Kasaija

As veteran politician Matia Kasaija bows out of Cabinet after serving nearly ten years as Uganda’s Finance Minister, he leaves behind a legacy defined not only by economic management but also by the humour, blunt honesty, and memorable expressions that made him one of the country’s most recognisable public officials.

For many Ugandans, journalists, and Members of Parliament, Kasaija was more than the man responsible for reading the national budget. He became a political personality whose off-the-cuff remarks regularly dominated headlines and social media conversations.

Related posts

Police Detain Four for Allegedly Stoning Minister’s Vehicle

New Finance Minister Targets Higher Revenue Collection, Wealth Creation

June 1, 2026
Minister Balaam Barugahara Ateenyi with Italy’s Ambassador to Uganda, Mauro Massoni, during the closing of the Lab Innova for Africa training program in Kampala.

Ugandan Agribusiness, ICT Firms Trained to Access European Markets

March 13, 2026

Throughout his time at the Ministry of Finance, Kasaija developed a reputation for speaking candidly, often abandoning prepared speeches in favour of spontaneous reactions that blended humour with political messaging.

Supporters described him as genuine and relatable, while critics occasionally accused him of being careless with words. Yet even those who disagreed with him admitted that he brought an unusual human touch to one of government’s most demanding offices.

At 82 years old, Kasaija exits public office after overseeing Uganda’s economy through some of the most difficult periods in recent history, including the COVID-19 pandemic, rising global inflation, and economic disruptions linked to the Russia-Ukraine conflict.

Despite those challenges, his colourful public statements often overshadowed the technical details of fiscal policy. One of his most iconic moments came in 2018 while explaining Uganda’s economic performance.

Attempting to illustrate growth, Kasaija compared the economy to an aircraft preparing for takeoff, declaring that it was moving “swiiiii,” while gesturing dramatically with his hands. The phrase quickly became a national talking point and remains one of the most quoted political soundbites of the decade.

Years later, after the pandemic and global economic turbulence slowed growth, Kasaija again turned to transport metaphors while defending the economy’s resilience. He told Parliament that although the country had experienced an “accident,” the economic “train” had not stopped moving.

Another phrase that cemented his place in Uganda’s political folklore was his repeated assurance to MPs that “money will come” whenever concerns emerged over delayed government funding.

The remark gained widespread popularity online and became synonymous with his tenure at the Finance Ministry. During the presentation of the 2025/26 national budget, Kasaija jokingly revived the phrase, telling legislators, “Money has come,” before laughing in his trademark raspy voice.

Behind the humour, however, was the difficult responsibility of financing government operations and development programmes. Kasaija frequently acknowledged the pressure involved in sourcing funds, particularly from international lenders and development partners.

On one occasion, he openly complained about the burden of continuously seeking financial support abroad, saying the process sometimes made him feel like a beggar.

Yet he later softened his position, reminding lawmakers and fellow ministers that government resources were always limited and that raising funds for national priorities was never an easy task.

Kasaija also gained respect for occasionally admitting mistakes publicly, a trait not commonly associated with senior politicians.

During investigations into controversial supplementary expenditures involving compensation claims linked to the Uganda Land Commission, he conceded that proper procedures had not been followed and admitted that his ministry should have handled the matter differently.

In another public appearance, he blamed corruption among some technocrats for undermining his efforts as minister, arguing that dishonest officials often frustrated implementation of government programmes.

Youth unemployment remained another recurring concern throughout his speeches. Kasaija repeatedly appealed to investors and policymakers to prioritise job creation, warning that widespread unemployment among young people posed a long-term threat to national stability.

During his stewardship, government rolled out several economic intervention programmes aimed at wealth creation and recovery, including Operation Wealth Creation, Emyooga, the Parish Development Model, and post-pandemic recovery funds for businesses and small enterprises.

Uganda’s economy also expanded significantly under his leadership. When Kasaija assumed office as Finance Minister, the country’s nominal GDP stood at roughly 32 billion dollars. By the time of his departure, it had grown to an estimated 66 billion dollars, while economic growth rates recovered to approximately 6.5 percent annually after the pandemic slowdown.

Still, his tenure was not without controversy. One of the biggest scandals linked to his final years in office involved the diversion of iron sheets intended for vulnerable communities in Karamoja. Kasaija admitted that the iron sheets were delivered to his home but insisted he had never requested them, maintaining his innocence before eventually returning the items.

Opinions about his final years in office remain divided. Former Kira Municipality MP Ibrahim Ssemujju Nganda argues that age may have affected Kasaija’s ability to fully manage the ministry in later years, claiming that much of the work had gradually shifted to technocrats and junior ministers.

Others disagree. Former Tororo County MP Geoffrey Ekkanya maintains that Kasaija remained capable and energetic, describing him as one of the cleaner historical figures within the ruling NRM government.

Whether remembered for balancing national budgets, negotiating financial support, championing government programmes, or producing unforgettable political catchphrases, Matia Kasaija leaves office as one of the most distinctive Finance Ministers in Uganda’s modern political history.

Tags: Ministry of Finance
ShareTweetPin
Previous Post

Constitutional Court Nullifies Automatic Acquittals Over Rights Violations

Next Post

Four Men Sentenced to Death for Deadly Catholic Church Attack

Related Posts

NEMA inspectors carry out an environmental compliance inspection at NYTIL’s facility in Buikwe District following allegations of industrial effluent discharge into neighbouring land and the River Nile.
Business

NYTIL Fined UGX 180 Million Over River Nile Pollution Case

June 3, 2026
Deputy Governor, Michael Atingi-Ego
Business

BoU Reduces Cheque Limits, Tightens Cash Withdrawals to Boost Electronic Payments

June 3, 2026
ATC Uganda, Stanbic and UCC Launch Digital Learning Hub in Kampala
Business

ATC Uganda, Stanbic and UCC Launch Digital Learning Hub in Kampala

June 2, 2026
Saudi Kakooza's amputated hand
Business

Repeated Injuries Raise Safety Concerns at CCLE Rubber Company in Mbalala Industrial Park

June 2, 2026
Court Nullifies Housing Finance Bank Sale of Najjera Property, Orders Title Cancellation
Business

Court Nullifies Housing Finance Bank Sale of Najjera Property, Orders Title Cancellation

June 1, 2026
Police Detain Four for Allegedly Stoning Minister’s Vehicle
Business

New Finance Minister Targets Higher Revenue Collection, Wealth Creation

June 1, 2026
Next Post
Five men stood trial, but only four were sentenced after one was acquitted.

Four Men Sentenced to Death for Deadly Catholic Church Attack

RECOMMENDED NEWS

Lwemiyaga County MP, Theodore Ssekikuubo

We Are Not Abandoning Our Censure Motion-Theodore Ssekikuubo

2 years ago
Joseph Kony

States Should Arrest Joseph Kony-ICC Boss

2 years ago
Contested Census Figures: Time to Fire the Statisticians and Hire a Team of Magicians!

Contested Census Figures: Time to Fire the Statisticians and Hire a Team of Magicians!

2 years ago
David Kato College at the University Of Yourk-UK

A Legacy of Activism: UK University Names New College After Ugandan Student

3 years ago

FOLLOW US

Insight Post Uganda

We bring you the most balanced news professionally investigated by our news team. The Insight Post is Uganda’s News company regulated by the Uganda Communications Commission.

Follow us on social media:

Recent News

  • Bishop Jjumba Calls for Spiritual Renewal After Years of Interrupted Martyrs’ Day Pilgrimage
  • The Rise Of The Sahelian Lions: Why Goïta, Traoré, And Tchiani Are The Absolute Nightmare Of Global Exploitation
  • NYTIL Fined UGX 180 Million Over River Nile Pollution Case

Category

  • Agriculture
  • Business
  • Editorial
  • Education
  • Environment
  • Health
  • Lifestyle
  • Luganda
  • News
  • Opinion
  • Photos
  • Politics
  • Profiles
  • Religion
  • Runyankole
  • Security
  • Sports
  • Tourism
  • Uncategorized
  • World News

Recent News

Bishop Serverus Jjumba of Masaka Diocese delivers a homily at Kitovu Cathedral during Uganda Martyrs’ commemorations, calling for renewed faith, unity, and self-reliance among Christians.

Bishop Jjumba Calls for Spiritual Renewal After Years of Interrupted Martyrs’ Day Pilgrimage

June 3, 2026
The Rise Of The Sahelian Lions: Why Goïta, Traoré, And Tchiani Are The Absolute Nightmare Of Global Exploitation

The Rise Of The Sahelian Lions: Why Goïta, Traoré, And Tchiani Are The Absolute Nightmare Of Global Exploitation

June 3, 2026
  • About
  • Advertise
  • Careers
  • Contact

© 2024 The Insight post Uganda - The Insight post uganda. Site Powered by Bookablehood Ltd.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
error: Content is protected !!
en_USEnglish
en_USEnglish
No Result
View All Result
  • Home
  • Politics
  • Business
  • Sports
  • Lifestyle
  • Tourism
  • Opinion

© 2024 The Insight post Uganda - The Insight post uganda. Site Powered by Bookablehood Ltd.