Sacked CEO Uganda Airlines, Jenifer BamuturakiThe Auditor General has raised fresh concerns over cash management at Uganda Airlines after revealing that hundreds of millions of shillings collected at the airline’s Juba office were never banked, adding to a growing trail of financial weak
A massive sinkhole and persistent flooding in Namanve Industrial Park’s South ‘C’ Estate have disrupted transport and business operations, angering investors and triggering renewed criticism of the Uganda Investment Authority (UIA) and its infrastructure developer, Lagan Dott, over what has
The Uganda Airlines stands straight as one of Uganda’s loss making Government Entities with losses of around Shs230billions despite the huge capitation just like the New Vision which is also swimming in losses for the last four years.Issues of mismanagement and incompetence at the Nation
The Uganda Airlines stands straight as one of Uganda’s loss making Government Entities with losses of around Shs230billions despite the huge capitation just like the New Vision which is also swimming in losses for the last four years.Issues of mismanagement and incompetence at the Nation
The business empire of the late tycoon Apollo Nyegamehe, popularly known as Aponye, has been listed for public auction after failure to clear billions in outstanding loans, barely two years after his death.One of the Properties belonging to the late businessman Apollo Nyegamehe (inset) und
Kampala, Uganda | THE INDEPENDENT | The People’s Front for Freedom has called for an independent audit of Uganda’s 2026 general elections. They accuse the Electoral Commission (EC), the military and state security agencies of presiding over what it described as an “industrial-scale electora
Kampala — President Museveni has moved to remove Jenifer Bamuturaki as Chief Executive Officer (CEO) of Uganda Airlines, following a State House meeting held in September 2025 that reviewed mounting governance failures, disputed aircraft procurement decisions and growing financial losses at the
President Yoweri Museveni has directed the Bank of Uganda (BoU) to halt threats and directives aimed at forcing Savings and Credit Cooperative Organisations (Saccos) to apply for licences, arguing that the Central Bank should limit its role to oversight rather than direct control.The direc
KAMPALA | Umeme Limited has warned shareholders and investors to expect another year of financial losses, marking the second consecutive year the company will close its books in the red, following the termination of its electricity distribution concession in Uganda.In a public notice issue
Kampala — Uganda’s flagship hydropower projects are operating far below their available generation capacity, raising concerns over revenue shortfalls and the country’s ability to service billions of dollars in Chinese loans used to build the plants, the Auditor General has warned.In
