Hardly a day after Broll Uganda, the Ugandan unit of South Africa’s Broll Property Group (Pty) Ltd had distanced itself from being part-owned by Pine Investments Ltd, a property development company, owned by the Attorney General Mr. William Byaruhanga; entertainment mogul, Charlie Lubega of Guvnor Night Club and Henry Lubwama, of HL Investments, it has emerged that it is instead a company, belonging to children of the tycoons that has acquired the 40 percent stake. According to information available to this website, the company, Cedrus Investments Limited, recently acquired 925,480 shares in Broll Uganda, valued at UGX925,480,000. The other 1,387,220…
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