Companies

MTN Uganda names new CEO

MTN Uganda, the country’s biggest company by revenue, has appointed Wim Vanhelleputte as its new CEO, company sources told Uganda Business News. A formal announcement is expected to be made soon. The Belgian is expected to start work on August 1.

Politics & Policy

There is no evidence that higher entry visa fees were affecting tourist arrivals

A year after government increased the single entry visa fee to $100 from $50, it reversed the decision. The new rate, $50, became effective on 22 July. Tourism operators and other stakeholders welcomed the announcement enthusiastically, saying it made Uganda more competitive in the region. But will the reduction in the fee increase the number of tourist arrivals?

Companies

Company profile: Uganda Breweries Ltd

Uganda Breweries Ltd is a beverage company. It is one of Uganda’s largest breweries, manufacturing beers, spirits, and non-alcoholic beverages. It owns and markets a number of beers such as Bell Lager, Senator Lager, Pilsner Lager, Ngule, Tusker Lager, Tusker Lite, Tusker Malt Lager, Guinness.

Companies

Top 100 Taxpayers: Nile Breweries Ltd

Nile Breweries Limited is a beverage company, and one of the largest beer manufacturers in Uganda. It invested $29 million at its Jinja plant to increase capacity in 2009, and opened a second brewery in Mbarara four years later that was expected to double capacity; the plant was constructed at a cost of $91 million.