Businessman and Industrialist James Mulwana has passed away this Tuesday morning at Nakasero hospital.

The exact cause of the 76-year-old's death yet to be established by the doctors Kampala.

Mulwana was the chairman of Standard Chartered Bank Uganda Limited.

Mulwana's experience in the commercial world stands out and according to the former Executive Director of the Uganda Investment Authority, Maggie Kigozi, "Mulwana is a hero".

"My hero in the last 50 years is the industrialist James Mulwana, he has done a lot for the Uganda Manufacturers and their association so he is my hero" she told Independent last year.

He got started in the import and export business since 1961.

He was the brainchild behind Nice House of Plastics Limited, which he established in 1970. And in 1991, he gained full ownership of Uganda Batteries Limited.

Mulwana was also the man behind Jesa Farm Dairy Limited, Jesa Investments Limited and Nsimbe Estates Limited.

In 1988, he spearheaded the revival of the Uganda Manufacturers Association and served as its Chairman till early November 2000. The industrialist was appointed a Director to the Board of Standard Chartered Bank Uganda Limited in 1992. And six years later, he was appointed its Chairman, a position he served until his death.