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Quality Chemical Industries gets new owner as Cipla exits
Africa Capitalworks SSA 3, an investment vehicle based in Mauritius, is the new majority shareholder of the pharmaceutical company
November 18, 2023
Agriculture
Companies
Coffee firm that pays farmers ‘competitive prices’ gets Sh3.2bn in investment funding
JKCC General Supplies says it buys coffee from rural farmers at fair prices and pays them on time, freeing them from extortionate middlemen
October 25, 2023
Companies
Movers & Shakers
Bitature, South African lender fight over $30m property loan
A long-running fight between Ugandan businessman Patrick Bitature and Vantage Capital has gone a notch higher with the lender seeking to auction the jewels of Bitature’s real estate empire in Kampala
May 18, 2022
Markets
International investment funds biggest winners in Umeme dividend payments
International investment funds – with the exception of the National Social Security Fund - will be the biggest earners from the Umeme Ltd dividend payout
May 18, 2018
Markets
Nine PE exits in Uganda in the last decade
The most publicly reported exit in Uganda was the 2016 Actis exit of Umeme. Actis invested in the power distributor in March 2005.
May 11, 2018