Tag Archives: Billions

A bombshell Value for Money audit by the Auditor General has ripped the lid off what insiders are calling one of the most embarrassing energy sector underperformances in recent years, raising hard questions about supervision, competence and possible capture of key projects under the Ministry of Energy and Mineral Development, RedPepper can report. At the centre of the storm is …

A silent war has erupted inside the corridors of the Electricity Regulatory Authority, and what was once celebrated as Africa’s model power regulator is now gripped by succession intrigue, boardroom capture claims, staff rebellion and damning audit queries. At the eye of the storm is Eng. Ziria Tibalwa Waako, whose second and final term ends in March 2027 — but …

Uganda’s tourism sector may be posting impressive numbers on paper, but beneath the glossy “Explore Uganda” billboards lies a troubling trail of gaps, missed targets and weak oversight, according to the December 2025 Auditor General’s report on the marketing and branding of tourism activities by the Ministry of Tourism Wildlife and Antiquities and the Uganda Tourism Board. The audit returned …

Shockwaves are ripping through the Office of the Prime Minister after the Inspectorate General of Government (IGG) quietly kicked off a sweeping investigation into the lifestyle, work ethics and conduct of a powerful Commissioner at office of the Prime minister (OPM) over chilling allegations of sexual assault, carpet interviews , abuse of office, corruption and illicit wealth. The probe was …

20 companies, including CIC Insurance, Equity Bank, and several universities, have been penalised a total of Sh2.2 billion for failing to hand over unclaimed financial assets to the Unclaimed Financial Assets Authority (UFAA), Kenya media reports. The fines follow a detailed audit by Kenya’s Auditor-General, which revealed that these firms withheld dividends, insurance payments, dormant savings, and other idle funds …

Four individuals, including a Rwandan national, have been remanded to Luzira Prison by the Kampala Capital City Authority (KCCA) City Hall Magistrates Court on charges of attempting to fraudulently withdraw 725 million Shillings from a Stanbic Bank account belonging to Enid Kukunda. It goes without mention that Enid Kukunda, the alleged victim in this case, is the same lady who …

Four individuals, including a Rwandan national, have been remanded to Luzira Prison by the Kampala Capital City Authority (KCCA) City Hall Magistrates Court on charges of attempting to fraudulently withdraw 725 million Shillings from a Stanbic Bank account belonging to Enid Kukunda. It goes without mention that Enid Kukunda, the alleged victim in this case, is the same lady who …