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Auditor General reveals most profitable and loss-making gov’t agencies

Paul Murungi

A photo collage of top Directors of Uganda's major public corporations and state enterprises. First row from top left: UETCL CEO Joshua Karamagi, Civil Aviation Authority Director General Fred Bamwesigye, UEDCL CEO Eng. Harrison Mutikanga. Second row from left: UNOC CEO Proscovia Nabbanja, NEC Luwero Enterprises CEO Lt. Gen. James Mugira, Uganda Railways Acting MD Musoke David Bulega. Bottom left: Uganda Airlines CEO Jennifer Bamuturaki, UEDCL M.D Paul Mwesigwa and Uganda Printing and Publishing Corporation CEO Prof.Sudi Nangoli.

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The Uganda Electricity Transmission Company (UETCL) has been ranked as the most profitable public company with a profit of UGX 82.3 billion earned through energy sales in the Financial Year (FY) ending June, 2024. UETCL was closely followed by Uganda Electricity Generation Company (UEGCL) at 54.2 billion and Uganda Civil Aviation Authority at UGX 32 billion. The three top public corporations ra

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