Government has declared that the Kabalega International Airport in Hoima is 98 percent complete and ready for commissioning.

The Minister for Works and Transport, Gen Edward Katumba Wamala says that the facility will be the second International Airport in Uganda after Entebbe International Airport and will be opened in three weeks time from now.

The Minister said this while officiating at the Financial Reporting (FiRe) Awards ceremony for the Institute of Certified Public Accountants of Uganda (ICPAU) at Serena Hotel Kampala where the National Social Security Fund (NSSF) won the Gold Award for Integrated Report of the Year and Stanbic Uganda Holdings Limited as well Post Bank won Silver and Bronze awards respectively.

Wamala noted that the Entebbe International Airport is also undergoing renovation that will change its appearance and ambiance in the next few months.

Meanwhile, CPA Ronald Mutumba, the Vice President of ICPAU emphasizes that the Institute is to adopt the International Sustainability Financial Reporting Standards to ensure that Financial Reporting in the country is at the global level.

By Ben Musanje

7 Nov 2024

END