NEC Reports Return to Profitability After Years of Losses in Latest Auditor General’s Report
Lt. Gen. James Mugira, Managing Director of the National Enterprise Corporation, announced a return to profitability for the UPDF’s commercial arm after eight years of losses totaling Shs28 billion. The Auditor General’s December 2023 report highlights significant financial gains across several NEC subsidiaries. In a recent session with the Committee on Commissions, Statutory Authorities, and […]