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25 Feb '26
DP President Norbert Mao on Tuesday pushed back against some of the recent FDC defectors to NRM who days earlier had castigated and written off his bid for speakership as being “dead on arrival,” simply because he is an outsider who the ruling party shouldn’t risk trusting with such a sensi
Business •
25 Feb '26
Legislators on the Public Accounts Committee (Central Government) have put the Ministry of Finance, Planning and Economic Development to task over failure to appoint substantive officials in different administrative positions.In a meeting held on Monday, 23 February 2026, a team from the m
Business •
22 Feb '26
For an institution created to sniff out dirty money and choke financial crime at its roots, the spotlight is now uncomfortably fixed on the watchdog itself.A damning Value for Money audit in the December 2025 report by the Auditor General has exposed glaring weaknesses at the Financial Int
Business •
20 Feb '26
Soroti, Uganda: The Soroti Fruit Factory operates at a loss of Shs5.371 billion for the 2024/2025 Financial Year, deepening its financial troubles despite a recent management overhaul, the latest Auditor General’s report reveals.The audit report released on December 31, 2025 by Auditor G
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20 Feb '26
A scathing report from Uganda’s auditor general has uncovered deep financial and operational dysfunction at the National Drug Authority. From idle billions in unclaimed deposits to vacant floors in its headquarters, the agency faces growing questions about its ability to regulate the nation’s
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20 Feb '26
KAMPALA — Uganda’s Petroleum Fund declined to Shs131.27 billion as of June 30, 2025, down from Shs145.98 billion the previous financial year, following statutory transfers to the national budget and the state oil company.State Minister for Finance (General Duties) Henry Musasizi made t
Business •
19 Feb '26
After ten years, millions in financing and bold promises to transform Uganda’s business and tourism competitiveness, the Competitiveness and Enterprise Development Project (CEDP) is now under an unforgiving spotlight.The December 2025 Value for Money audit on CEDP has laid bare a troubli
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17 Feb '26
The President of Kenya and Chairperson of the East African Community (EAC) William Samoei RutoKenya’s President William Ruto has called for an emergency summit of Heads of State of the East African Community (EAC) to attempt to deal with mounting financial crisis at the regional bloc.
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15 Feb '26
UWA Executive Director Dr. James MusinguziFresh revelations from the Auditor General’s report as of December 2025 have laid bare deep cracks inside the Uganda Wildlife Authority (UWA), raising tough questions about oversight, accountability and leadership at one of Uganda’s most strate
Business •
13 Feb '26
Uganda Development Corporation was created to be the State’s industrial engine, the strategic investor that would put public money into commercially viable ventures and drive Uganda’s transformation. Instead, the latest Auditor General’s report paints a troubling picture of a corporation po