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A glimpse at eight govt loss-making enterprises

In the report for the year that ended June 2022, Mr John Muwaga assessed the profitability of 18 companies, 10 of which he found to be profitable

Only 13 govt enterprises are profitable - Auditor General

According to the Auditor General, whereas there are 46 state enterprises, only 26 were audited for the period ended June 2021. Other entities did not provide audit reports

East Africa tourism report | Travel News

East Africa tourism report | Travel News
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MPs quiz army officials over diversion of Shs21b

MPs quiz army officials over diversion of Shs21b
monitor.co.ug - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from monitor.co.ug Daily Mail and Mail on Sunday newspapers.

MPs reject defence ministry s Shs4 trillion budget – 93 3 KFM

The committee members last financial year approved over Shs46 billion for renovation of the cargo aircrafts to save the army from outsourcing these services. However, while appearing before the committee chaired by Doreen Amule today, the Minister of Defense and Veteran Affairs, Adolf Mwesige said the Uganda Air Cargo Corporation (UACC) under the army, has already used Shs21.2b out of Shs46.1bn to pay insurance and to conduct simulator training and maintenance of equipment. He also said part of the Shs21bn was used by the corporation to participate in UPDF troop rotations and also procured aircraft spares. This sparked anger among committee members, who accused the army for diverting the money meant for renovating their cargo aircraft to other things and have vowed to block their budget until they fully explain their move.

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