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    Auditor General

    Auditor General Edward Akol (right) reveals a cocktail of failures, including delayed or non-payment of enumerators, which could have been one of the earlier signs of a messy census conducted by Ubos under the leadership of Chris Mukiza.

    The Census that Cannibalized the System: Auditor General Digs Inside Uganda’s UGX396 billion Data Gamble

    CEO East Africa MagazineBanking & Financial ServicesEntrepreneurshipPolitics & GovermentJune 17, 2025June 17, 2025

    “Counting people should never cost a country its ability to make people count.” These words, first voiced during a 2015 keynote address by South African statistician Pali Lehohla at a…

    Auditor General Questions URBRA Board’s Capacity to Run Retirement Benefits Sector

    Paul MurungiThe Big StoryJune 16, 2025June 21, 2025

    Behind the gleaming figures of a clean financial audit and commendable regulatory performance, the Uganda Retirement Benefits Regulatory Authority (URBRA) is grappling with internal cracks. URBRA regulates a sensitive sector…

    In his response to audit queries, Benson Turamye (right) reported unmet targets as realized, which Auditor General Edward Akol (left) considered a misrepresentation of the issues.

    Caught offside: Auditor General Tells Benson Turamye’s PPDA to Stop Misreporting on Unmet Targets

    CEO East Africa MagazinePolitics & GovermentThe Big StoryJune 13, 2025June 13, 2025

    When the authority responsible for procurement and disposal of public assets falters in its duties, the impact doesn’t just stay within its walls – it ripples dangerously through the economy,…

    UDC’s Patrick B. Birungi Faces the Heat: UGX 1 Trillion Empire in Limbo Amid Uncollected Loans, Unspent Billions, and Governance Gaps

    CEO East Africa MagazineThe Big StoryJune 2, 2025June 2, 2025

    Uganda’s grand industrialisation project, fronted by the Uganda Development Corporation (UDC) under the stewardship of its Executive Director Patrick B. Birungi, is facing a reckoning. A forensic review of UDC’s…

    Umeme formally disputes UGX 429.2 billion buyout: How will this end?

    Paul MurungiBusiness & MarketsNews & AnalysisThe Big StoryApril 14, 2025April 14, 2025

    Umeme Limited has officially declared a dispute with the government of Uganda over the buyout amount, signaling a potential legal proceeding, if the issue is not resolved within 30 days….

    Auditor General recommends UGX 433 billion Buyout amount as Umeme seeks UGX 858 billion

    Paul MurungiEast AfricaLegal & JusticeNews & AnalysisThe Big StoryMarch 27, 2025March 28, 2025

    Uganda Parliament Speaker, Anita Among has today received the Auditor General’s report on Umeme which recommends a USD 118 (UGX 433 billion) Buyout amount for the unrecovered investments.  Speaker Among…

    Uganda Gov’t plans to borrow over UGX 5.8 trillion in a single sitting amid rising debt concerns

    Paul MurungiBanking & Financial ServicesEast AfricaNews & AnalysisPolitics & GovermentThe Big StoryMarch 25, 2025March 25, 2025

    A leaked memo from the Office of the Prime Minister reveals that the government of Uganda plans to review and possibly approve borrowing proposals amounting to over USD 1.6 billion…

    Auditor General’s report on Umeme expected next week 

    Paul MurungiNews & AnalysisPolitics & GovermentThe Big StoryMarch 21, 2025March 21, 2025

    Energy Ministry Permanent Secretary Irene Batebe has confirmed that the Auditor General’s report on Umeme’s buyout amount will be released next week, just a few days to the expiry of…

    What does the UGX700 billion buyout mean for Umeme shareholders?  

    Paul MurungiBanking & Financial ServicesEast AfricaThe Big StoryFebruary 24, 2025February 25, 2025

    Now that we know we have an idea of the Umeme buyout amount, what could be in it for shareholders?  Umeme has since last year been one of the most…

    Govt seeks to borrow UGX697b from Stanbic Bank to fund Umeme buyout 

    Paul MurungiBanking & Financial ServicesEast AfricaGlobal NewsNews & AnalysisPolitics & GovermentThe Big StoryFebruary 17, 2025February 17, 2025
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