Tag Archives: BUSTED

Kampala — The glittering world of gold trade has turned murky and dangerous after a massive international scam rocked dealers operating between Dubai, Kampala and South Africa. A fearless whistleblower has now dragged the shady masterminds out of the shadows — filing a formal petition with Uganda Police to crack down on what insiders are calling “the dirtiest gold con …

The Comesa Competition Commission has fined global beverages giant Diageo $750,000 (Shs2.5b) for engaging in anti-competitive business practices across Uganda, Eswatini, and Zambia. Diageo, the majority shareholder in East African Breweries Limited, was found to have breached regional competition laws by restricting trade and distorting market dynamics within Comesa.A 13-page ruling indicates that the Commission concluded that Diageo’s distribution and …