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TodaySaturday, April 25, 2026

Uganda Business News- Page 10

A photo collage of MTN Uganda Mobile Money Managing Director, Richard Yego, and Sarah Bateta Okwi who is set to tak over as Acting Chief Executive Officer, effective upon Yego’s departure.

BREAKING: Richard Yego to Exit MTN MoMo at End of Feb, 2026; Sarah Bateta Okwi To be Named Acting CEO

Richard Yego, the Managing Director and Chief Executive Officer of MTN Mobile Money Uganda Ltd (MTN MoMo), has resigned, with his exit expected at the end of February 2026. Yego, who has
February 2, 2026
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A photo collage of Energy and Minerals Minister, Ruth Nankabirwa, UEDCL Managing Director, Paul Mwesigwa, and UETCL Managing Director, Eng. Richard Matsiko, and UEGCL Managing Director,Dr. Eng. Harrison E. Mutikanga and Petroleum Authority of Uganda Executive Director, Ernest Rubondo.

An Energy Sector in Disarray: OAG Report Reveals Serious Gaps in Uganda’s Oil & Gas and Electricity Subsectors

For more than a decade, Uganda’s energy sector—under the political stewardship of Ruth Nankabirwa Ssentamu since 2021—has ranked among the government’s top priority sectors, consistently absorbing trillions of shillings in taxpayer funding
February 2, 2026
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Uganda's Auditor General Edward Akol (left) hands over the 2025 OAG annual report to Parliament Speaker, Anita Among (in red) flanked by Henry Musasizi, Minister of State for Finance, Planning and Economic Development (General Duties) and other other officials.

Inside Uganda’s Auditor General’s Report: The Good, the Bad and the Ugly

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
January 30, 2026
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