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Just In: UPDF’s Gen. Pecos Kuteesa Is Dead

Retired Uganda People’s Defense Force – UPDF officer Lt. Gen. Pecos Kuteesa has died barely a month after being retired. Gen Kuteesa, according to UPDF spokesperson Brig Flavia Byekwaso died on Tuesday afternoon in India where he has been undergoing treatment. “UPDF fraternity regrets to announce the passing on of Lt Gen Pecos Kutesa which…

Strong: Equity Group Holdings PLC Doubles Profitability Validating Its Resilience And Business Continuity Strategy During Covid- 19 Pandemic

Equity Group Holdings Plc has announced a 98% growth in half year profits to Kshs.17.9 billion up from Kshs.9.1 billion the previous year. Speaking while releasing the results, Equity Group Managing Director and CEO Dr James Mwangi said, “The defensive and offensive strategy adopted by the Group at the onset of the Covid-19 pandemic to…

Fraud: How Teachers Were Duped Into Paying Shs 11Bn Loans They Never Acquired

The Criminal Investigations Department has identified cases of fraud and forgeries by managers of saving schemes that were meant to benefit from the teachers revolving fund. These were unearthed as part of the investigations into the embezzlement of 11 out of the 25 billion Shillings which was released by the Ministry of Finance as a…

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