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On paper, Uganda Broadcasting Corporation (UBC) is financially sound. Yet, a deeper analysis of Auditor General Edward Akol’s report for the 12 months to June 2024 reveals a troubled national…
Imagine Posta Uganda, formerly Uganda Post Limited, as a traditional service provider—delivering mail, packages, selling stamps, and offering agency banking in remote outposts. It’s not glamorous, but it remains an integral cog in Uganda’s infrastructure. But importance doesn’t always translate to profitability. In the year ended June 2024, Posta earned UGX18.55 billion in operating revenue, mostly from core activities like mail delivery, courier services, and agency functions. On paper, it reported UGX18.11 billion in expenses. However, the Auditor General put the actual figure at UGX17.33 billion, revealing a UGX780 million gap. The 4.3% variance raises eyebrows: Were some costs overstated?…
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An Auditor General’s investigation has exposed the Ministry of ICT and National Guidance for mishandling over UGX 13.8 billion, which was meant to support Ugandan innovators in developing their ideas and innovations from prototypes into finished products. Details show that in 2017, the government, through the Ministry of ICT and National Guidance, embarked on a National ICT Initiatives Support Program (NIISP) to create an ICT ecosystem that could provide local innovators with the necessary financial, technical, and infrastructure resources to incubate, develop, and market their products in Uganda, the East African Region, and beyond. However, a Value for Money Audit…
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The Ministry of ICT and National Guidance recently signed a Memorandum of Understanding (MOU) with Centenary Technology Services (Cente-Tech) that will herald cooperation in creating growth opportunities for Uganda’s youthful population. Technology is as an essential tool in promoting competitiveness, job creation, sustainable development, and overall poverty reduction. It has the potential to transform business and government – driving entrepreneurship, innovation and economic growth and breaking down barriers of distance and cost in the delivery of services. It is in appreciation of this truth that the Ministry of ICT & National Guidance has partnered with the digitization experts – Cente-Tech….
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The Ministry of ICT & National Guidance has announced the innovators and Business Process Outsourcing (BPO) practitioners that will represent Uganda during the Innovation Week at the Expo 2020 Dubai. The Innovation week will run from the 22nd – 27th March 2022. Themed, “Discover Africa’s Innovation Powerhouse”, the Government will celebrate Ugandan excellence and industry by profiling Ugandan talent and inviting the world to discover the opportunities that abound in the Pearl of Africa. The campaign will also highlight how innovations by Ugandans are creating solutions to the various societal challenges. The main objectives of participating in the Expo are…
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Two members of Parliament are in the process of drafting a private member’s bill seeking to amend the Bank of Uganda Act so as to streamline governance at the central…
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