Business •
19 Mar '26
A shocking Auditor General’s report has blown the lid off years of chronic mismanagement, weak oversight, and questionable financial handling at Uganda Livestock Industries Limited (ULI), painting a grim picture of a once-strategic national asset now plagued by inefficiency, neglect, and system
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 •
04 Mar '26
Ugandans are asking one burning question: what exactly is going on at Uganda Electricity Distribution Company Limited?Ever since Umeme exited and UEDCL officially took over power distribution on April 1, 2025, complaints of persistent blackouts, delayed meter replacements, sluggish custome
Business •
04 Mar '26
Eleven years at the helm. Billions borrowed. Mega dams commissioned with pomp and glory. Yet today, hard questions are exploding over the management of Uganda Electricity Generation Company Limited as the December 2025 Auditor General’s report exposes troubling cracks in Uganda’s power genera
Business •
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
Business •
13 Feb '26
The government’s flagship cost-cutting reform, the Rationalisation of Government Agencies and Public Expenditure (RAPEX), has cost taxpayers tens of billions of shillings in disputed payouts, exposed serious asset mismanagement, and created fresh fiscal risks, the Auditor General’s 2026 repor
Business •
05 Feb '26
Quality Chemical Industries Limited (QCIL) has announced an interim dividend for the financial year ending March 31, 2026, after successfully recovering a long-outstanding receivable from the Government of the Republic of Zambia.In a notice issued under Rule 41 of the Uganda Securities Exc
Business •
16 Oct '24
Uganda Revenue Authority (URA) has rolled out new income tax compliance measures that will require businesses with an annual turnover of Shs500m and above to submit audited financial statements, together with their tax returns. The submitted documents, according to URA guidelines, will h
Business •
24 Sep '24
In a recent revelation, an email obtained by The Times-Dispatch shows that a manager in Richmond's Department of Finance directed an employee not to include information on tax overpayments in reports used to review taxpayer accounts. This decision has negatively impacted local business owners, leavi
Business •
13 Sep '24
According to a recent audit conducted by the Louisiana Legislative Auditor's Office, the Louisiana Office of Public Health has come under scrutiny for its mismanagement of finances in the clean drinking water fund for the fiscal year ending in June 2023. Audit F