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Uganda Airlines is not merely a company incorporated under the Companies Act, Cap. 106. It is a national emblem, a strategic infrastructure asset, and a repository of public trust. It…
Uganda’s Auditor General Edward Akol has issued a wide-ranging warning to Parliament: the country is collecting more revenue than ever, yet persistent weaknesses in procurement, project execution, asset management, staffing, and programme governance are eroding service delivery and exposing public resources to waste, misuse and avoidable costs. The Annual Report of the Auditor General to Parliament — Key Highlights for the audit year ended 31st December 2025 paints a picture of a state under pressure. Revenue is rising, but so is public debt. Major national programmes such as the Parish Development Model (PDM) show progress in disbursement but also serious…
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The Development Bank of Rwanda (BRD) has appointed Ms. Stella Rusine Ntez as its new Chief Executive Officer, subject to regulatory approval, marking a leadership transition that blends continuity with renewed stewardship at the country’s development finance institution. Ms. Ntez, a long-serving member of BRD’s Board of Directors, steps into the role with deep institutional knowledge and extensive experience in macroeconomic and fiscal policy. Her appointment signals the Board’s confidence in internal leadership at a time when development finance institutions are under increasing pressure to deliver both financial sustainability and measurable national impact. She joins the executive role from Rwanda’s…
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Edward Akol assumed the mantle of Auditor General in January 2024, bringing with him a renewed sense of purpose and determination. His foreword to the annual report underscores his commitment to impactful audits that enhance service delivery. Under his leadership, the Office of the Auditor General (OAG) conducted an impressive 2,832 audits, covering Ministries, Departments, Agencies (MDAs), local governments, and state enterprises—a testament to his dedication to thorough oversight. A key innovation under Akol’s watch was the introduction of the Combined Audit Report (CAR), which consolidates financial, compliance, performance, and special audit findings into a comprehensive document. This approach enhances…
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