Business News
Deadly Brig.Biryabarema Takes Over Kampala Security Amidst People Power Political Tensions
The UPDF 1st infantry Division commander Maj Gen Samuel Kawagga has presided the hand over ceremony of the 1st Division Second in command between the outgoing Brig Gen Joseph M Balikuddembe to Brig Gen Julius Biryabarema. While presiding over the function, Maj Gen Kawagga said he was happy that Gen Dembe had successfully completed his…
Hospital Guard Pins Kanyamunyu Brothers In Akena Murder
A former security guard at Nakasero hospital, has told court that he saw Mathew Kanyamunyu give a pistol that was allegedly used to kill children’s activist, Kenneth Akena to his brother Joseph Kanyamunyu. Robert Mutebi was testifying as prosecution witness number four in the case, in which, Quantum Logistics Limited director Matthew Kanyamunyu and his…
Two Directors Of Dunamiscoins Remanded To Luzira Prisons Over 18Bn Crypto Currency Scam
Suspects Samson Lwanga, 37, and Mary Nabunya, 53, both directors of the collapsed Dunamiscoins Resources Limited, appeared before the Law Development Centre court on Monday and were charged with 65 counts tied to obtaining money by false pretense. The two are accused of recruiting hundreds of people into their sham digital cryptocurrency scheme. Senior Grade…
Uganda Hands Over Nine Released Rwandan Nationals To Kigali
Uganda has today handed over the nine freed Rwandan nationals arrested between 2017 and 2018 in Kampala and Mbarara. The nine, who had been charged with illegal possession of firearms in the General court martial include Rene Rutagungira, Bahati Pacifique Mugenga, Emmanuel Rwamucho, Augustine Rutayisire, Charles Byaruhanga, Etienne Nsanzabahizi, and Claude Iyakaleme. They were freed…
NEC Quickens Modern Construction Of Kiira Motors Corporation Factory In Jinja
Great strides have been made on the on-going construction works for Kiira EV at Industrial and Business Park in Jinja by National Enterprise Corporation NEC Construction works and engineering Ltd as one of the subsidiaries of NEC (Commercial arm of ministry of Defence and Veteran Affairs/UPDF. Civil works have already started in earnest at the…