Keith Muhakanazi, Former Treasury Head Dies in Italy.
Muhakanizi died in Italy where he had been flown for further management following several months of illness.
Keith Muhakanazi, the former Head of Treasury and Permanent Secretary to the Office of the Prime Minister, has passed away.
https://twitter.com/DailyMonitor/status/1646748801019920384
Muhakanizi died in Italy where he had been flown for further management following several months of illness.
According to close sources, Muhakanizi has been in and out of office since 2021 owing to sickness. Indeed, even when he was posted to the OPM from Treasury, the technocrat was away in Turkey receiving treatment.
The government spokesperson Ofwono Opondo confirmed Muhakanizi’s passing, eulogising him as a “friend to many”.
“SAD! A friend to many. Keith Muhakanizi, Permanent Secretary Prime Minister’s Office, and former long-serving PS Ministry of Finance & Secretary to the Treasury has died from a Milan, Italy hospital where he was receiving treatment. May he Rest in Peace.”
He worked in tandem with BoU Governor Tumusiime Mutebile to pivot the Ugandan economy from a socialist leaning towards a capitalist system and together they are credited for restoring foreign investor confidence in the Ugandan economy with their policies and management styles that chimed with World Bank and IMF recommendations. This included steadily withdrawing the government from the business and encouraging private enterprise.
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