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UBC Records UGX 7.5bn Loss as Financial Pressures Deepen UBC’s losses widened to UGX 7.5 billion in 2024/25 as persistent funding gaps strain the national broadcaster’s operations.

A photo collage of UBC Managing Director, Mr. Agaba Winston David and Auditor General, Mr Edward Akol

Uganda Broadcasting Corporation (UBC) reported a loss after tax of UGX 7.5 billion in the 2024/25 financial year, a sharp deterioration from the UGX 1.432 billion loss recorded the previous year. According to the Auditor General’s Annual Report for the year ended 31 December 2025, the national broadcaster is facing mounting financial pressure driven by weak liquidity, declining revenues, ageing infrastructure, and persistent funding gaps that continue to undermine service delivery. Revenue decline and weakening margins The report notes that UBC’s revenue performance declined during the year, partly due to a strategic decision to expand radio services into low-income and…

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About the Author

Paul Murungi is a Ugandan Business Journalist with extensive financial journalism training from institutions in South Africa, London (UK), Ghana, Tanzania, and Uganda. His coverage focuses on groundbreaking stories across the East African region with a focus on ICT, Energy, Oil and Gas, Mining, Companies, Capital and Financial markets, and the General Economy.

His body of work has contributed to policy change in private and public companies.

Paul has so far won five continental awards at the Sanlam Group Awards for Excellence in Financial Journalism in Johannesburg, South Africa, and several Uganda national journalism awards for his articles on business and technology at the ACME Awards.

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