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The Capital Markets Authority has confirmed the arrest of two directors and an employee of “Vetaplan Chicken” following a major two-year investigation into an alleged investment scam that swindled over UGX 757.5 million (approx. $200,000 USD) from unsuspecting members of the public. That investigation reached a head last week with the arrest of Tanzanian national, 42-year-old Lugeleka Eric Talemwa, one of the company’s directors. Talemwa was arrested at the Uganda-Kenya border in Busia on June 30, amid what authorities believe was an attempt to flee the country. Two days later, the second director, 39-year-old Eve Gershom Tania, and 30-year-old Bob Anthony…
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Stanbic Bank Uganda, has spoken out about the brazen theft of USD1.8 million from one of its customers, Nile Energy Limited. In a brief statement released today, the bank acknowledged the incident, but at the same time denied there was an intrusion of its systems as had been reported in the media. “Stanbic Bank Uganda acknowledges the arrest of ten people, with the help of the Uganda Police, suspected of fraudulently withdrawing money off a bank customer’s account using forged documentation. The suspects have since been produced before the anti-corruption court and charged with “causing financial loss and money…
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Uganda’s national Intellectual property office, the Uganda Registration Services Bureau (URSB) has concluded a two-day virtual training on intellectual property (IP) and mechanisms for dealing with trademark counterfeiting and copyright piracy for police officers undertaking the Senior Command Course, at the Police Senior Command and Staff College, Bwebajja. The training was organized to present measures to law enforcers on how they can ensure that intellectual property rights are well-protected thereby encouraging Ugandan companies, in particular small, medium enterprises (SMEs) and start-ups to invest in innovation and creativity without the fear of their ideas being duplicated. According to the World Intellectual…
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Government stakeholders, represented by the Ministry of Tourism, Wildlife and Antiquities (MTWA), Uganda Wildlife Authority (UWA), Uganda Tourism Board (UTB) and the Resident District Commissioner of Kanungu District, and local community leaders in the Ishasha Sector of the Queen Elizabeth National Park (QENP) have agreed to strengthen their working relationship to protect lions and other animals in the park. This followed a fact-finding meeting, convened, over the weekend by the Minister of Tourism, Wildlife and Antiquities, Rtd Col. Tom Butime at Enjojo Lodge, to understand among others, circumstances surrounding the gruesome killing of 6 tree-climbing lions on the 19th of…
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Power distributor Umeme has launched countrywide operations against suspected electricity thieves. This follows a rise in energy losses from 16.4% in 2019 to 17.5% 2020. The increase is attributed to the suspension of drives against illegal connections following the Government-imposed lockdown in March through June 2020 to check COVID-19. Now that the restrictions are eased, Umeme, working with Uganda Police, has resumed the operations to curb power theft dubbed Komboa. Peter Kaujju, the Head Communications at Umeme while speaking during the launch of Komboa at the Umeme Mutundwe Substation said, “Komboa is swahili for ‘Redeem.’ In Umeme’s case, to redeem…
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MTN Uganda has come out to clarify on a security breach by Pegasus Technologies Ltd, an aggregator, in which it is feared billions of customers’ money was stolen. The telecom’s Chief Executive Officer Wim Vanhelleputte in a statement further states that the breach impacted Bank2 Wallet transfers but did not affect any customer mobile money balances. He adds that the company moved to suspend some services as a precautionary safety measure. “MTN Uganda provides select mobile money services aggregated or integrated through third parties. On 3 October 2020, an aggregator, Pegasus Technologies Ltd experienced a security breach that impacted Bank2…
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Rajiv Ruparelia, the Managing Director of the of the multi-million dollar Ruparelia Group has spoken out about this morning’s altercation with officers from Uganda Police, that left him and one of his minders injured. According to CCTV footage seen by this reporter, Rajiv Ruparelia and his wife Naiya, could be seen walking out of their palatial home on Plot 9, Kawalya Kaggwa Close in lower Kololo and in the next footage a scuffle ensues with men dressed in the black Counter Terrorism Unit police uniform pushing and assaulting Rajiv. In another video footage, Rajiv and his wife are heard screaming for help. One…
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By President Yoweri Kaguta Museveni Fellow Ugandans and, especially, the Bazzukulu After some weeks of absence. This time, I will, again, address you on the issue of combating crime because crime was appearing, again, after we had suppressed it with Operation Wembley in the year 2002. The criminal groups, in recent times, had killed people in the areas of Kampala-Entebbe, Ntungamo, Lyantonde and the Kisoro areas. I have not yet received the report for Kisoro. However, for Kampala Metropolitan, Ntungamo and Lyantonde, the gangs have been wiped out. These gangs had killed 13 people, injured 2 and robbed sh. 24…
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