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Analysis & OpinionsNews

Many State-Owned Companies Making ‘Significant’ Profits But Only Housing Finance Bank Is Paying Dividends To Gov’t-Auditor General

A number of state-owned enterprises are making profits but only one is paying dividends, the Auditor General has revealed. “I noted that only Housing Finance Bank Limited declared dividends of UGX.32.56Bn in the year under review (2023/2024) up from UGX.29.23Bn declared in the prior year. Out of the declared dividends,

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Agribusiness

MAAIF Has A Shortfall of 3,324 Agric Extension Workers While Recruited Staff Lack Professional Certificates-Report

Uganda’s agriculture sector is headed for tough times after a new report indicated that the shortage of agriculture extension workers stands at 57%) while the recruited staff lack professional certificates to do the job. The revelation is contained in the Auditor General’s report for the Audit Year ended 31st December

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