Persistent Losses at Uganda Airlines Raise Concerns, Warns Auditor General
Uganda Airlines, the national carrier, continues to face significant financial challenges, raising concerns about its long-term viability. The latest audit report presented to Parliament by the Auditor General, Edward Akol, highlights that while improvements have been observed compared to the previous year, the ongoing losses pose a major risk to the airline's financial stability. The company remains heavily reliant on government bailouts to stay afloat.
