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ubc

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

UBC Records UGX 7.5bn Loss as Financial Pressures Deepen

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
February 8, 2026
The Auditor General found that UBC, which is led by Winston David Agaba, holds UGX318.79 billion in property, plant, and equipment, but over UGX26.32 billion worth of assets have been effectively declared worthless, yet continue to be used without revaluation.
The Auditor General found that UBC, which is led by Winston David Agaba, holds UGX318.79 billion in property, plant, and equipment, but over UGX26.32 billion worth of assets have been effectively declared worthless, yet continue to be used without revaluation.

UBC Audit: A Sound Balance Sheet Masking Structural Fatigue

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 broadcaster held
June 20, 2025
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