Uganda Air Cargo Corporation (UACC), once envisioned as a strategic national aviation asset under the supervision of the Ministry of Defence and Veteran Affairs, is now at the centre of a storm after a damning Auditor General’s report exposed deep financial distress, stalled partnerships, grounded aircraft and a controversial foreign deal that appears to be going nowhere, RedPepper can report. …
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Amid Uganda’s Gold Scam Storm, EuroGold Refinery Plants Flag in Dubai
As Uganda continues to battle persistent gold fraud scandals that have left foreign investors counting heavy losses, EuroGold Refinery has taken a bold leap onto the global stage, officially opening its main offices in Dubai—the world’s gold capital. The move, announced with fanfare, comes at a time when Uganda’s gold sector remains under scrutiny for fake gold deals, vanished consignments, …
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