Tag Archives: Deals

A stunning judgment from the Commercial Division of the High Court has peeled back the lid on a shadowy web of gold brokerage, rebel connections and suspicious dollar transfers after the court dismissed a multi-million-shilling claim brought by Entebbe Mayor Fabrice Brad Rulinda against Stanbic Bank Uganda. In a detailed ruling delivered by Stephen Mubiru, the court examined a controversial …

A shocking audit into the operations of the Electoral Commission has laid bare a catalogue of financial and administrative failures that have thrown the country’s election managers into fresh controversy. The explosive findings from the latest report by the Office of the Auditor General for the financial year 2025 reveal that the electoral body has been operating under weak policies, …

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 …