Business •
14 Mar '26
A shocking bank scandal has erupted after Ugx 69 million mysteriously disappeared from a customer’s account in just five minutes, leaving behind a trail of fear, anger and serious questions about the safety of money in Uganda’s banking system.The man at the center of the storm is Chine
Business •
12 Mar '26
Appearing before Public Accounts Committee of Parliament, Ramathan Ggoobi, Permanent Secretary, Ministry of Finance, and Secretary to the Treasury.Parliament has been told that at the current rate of funding allocated to settle government domestic arrears, it could take more than four deca
Business •
10 Mar '26
A thunderous alarm has been sounded over Uganda’s lifeline for public medicines after the latest report from the Auditor General ripped open the operations of the National Medical Stores, exposing a web of operational failures, delayed drug deliveries, expired medicines worth billions and deep-
Business •
09 Mar '26
Kampala, Uganda: Civil society organisations have raised alarm over Uganda’s growing public debt and widening gaps in health sector funding, warning that the latest Auditor General’s report exposes serious weaknesses in the management of public resources.The report examined 182 ministr
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08 Mar '26
Just a few days ago, it looked as if the Ayatollah Ali Khamenei’s son, Mojtaba Khamenei, was set to succeed his father as supreme leader of the Islamic Republic of Iran. It was an odd choice, as Mojtaba Khamenei is not an ayatollah, that is, one of the highest ranks of Shi’ite Muslim clergy;
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06 Mar '26
The heat is on at the Uganda National Oil Company (UNOC) after the Auditor General’s December 2025 report tore through the glossy public relations spin amidst war on Iran and laid bare troubling gaps in fuel security, funding shortfalls, underperformance and strategic failures that now raise un
Business •
02 Mar '26
“Obote had his flaws, but he never stole our land.” NUP’s Paulson Luttamaguzi, the outgoing Nakaseke South MP has said former President Milton Obote was not a worse leader than President Yoweri Museveni, and that the people of Nakaseke and greater Luwero owe him an apology.Speaking d
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
Business •
19 Feb '26
Aviation and Outer Space expert Dr. Arnold Agaba has welcomed recent leadership changes at Uganda Airlines, calling them necessary to stabilize the national carrier and position it for long-term sustainability.Speaking to Canary Mugume on Next Big Talk hosted by Next Radio on Tuesday, Dr A