in may 2017, bemanya twebaze, was appointed receiver-manager of uganda telecom limited, a parastatal company which had failed to meet its financial obligations. although a forensic audit by pricewaterhousecoopers determined utl's liabilities at sh700 billion (approx. us$196 million), with total assets valued at sh248 billion (approx. us$69 million), bemanya twebaze is optimistic that the business can be revived back to profitability.