Business •
23 Apr '25
As Parliament prepares to approve its policy statements guiding the 2025/26 national budget, scrutiny of its own financial plans reveals a potentially troubling trend: more money allocated to political administration than to the core legislative committees that drive parliamentary scrutiny and ov
Business •
05 Feb '25
The Criminal Investigations Directorate (CID) of Uganda has arrested seven individuals from the Ministry of Finance and Bank of Uganda following a three-month investigation into the disappearance of USD 16 million (approximately UGX 60 billion) from the Bank of
Business •
23 Nov '24
The Uganda Investment Authority (UIA), under the leadership of Robert Mukiza, in collaboration with Louis Arinaitwe, the Country Director for Trade at the British High Commission (BHC), has become embroiled in a significant scandal.
Business •
23 Oct '24
Two years after government voted to invest more than Shs266 billion in Roko Construction Company, concerns are growing that if not closely monitored, this may turn into another huge loss to the taxpayer. Parliament now wants the government through the Ministry of Finance, Planning and Ec