Tag Edward Okwakol

Uganda’s Oil Ambitions Face Delays After Auditor General Flags Critical Shortfalls Ahead of First Oil Production

Uganda’s journey to becoming an oil-producing nation is facing significant hurdles, with a report from the Auditor General (AG) Mr. Edward Okwakol, revealing critical delays and underfunding across major projects. According to the report, while the government had set a…

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World Bank Women Empowerment Initiative Stalls as Shs41Bn GROW Project Money Lies Idle in Banks

A World Bank-funded project designed to empower women entrepreneurs across Uganda, popularly known as ‘GROW’, is facing significant challenges, with a new report revealing that a massive Shs41.22 billion in funding remains unspent. The Generating Growth Opportunities and Productivity for…

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Government Loses Shs11 Trillion as Auditor General Flags Massive Revenue Leakage from Black Market Gold Exports

Uganda is losing staggering amounts of revenue from its mineral wealth, with a new report from the Auditor General, Edward Okwakol, revealing a Shs11 trillion loss from black market gold exports. This massive financial haemorrhage is directly undermining the government’s…

Read MoreGovernment Loses Shs11 Trillion as Auditor General Flags Massive Revenue Leakage from Black Market Gold Exports