In an extraordinary act of shareholder resolve, a majority of the minority investors in Uganda Breweries Limited (UBL) stood their ground against a high-stakes buyout offer from East African Breweries……
East African Breweries Limited (EABL), one of the crown jewels in Kenya’s corporate sector, is now at the centre of market speculation following a broader strategic pivot by its parent……
Starlink, a satellite internet service under American billionaire Elon Musk’s SpaceX company, has submitted an application to obtain a license from Uganda Communications Commission (UCC). The license will allow Starlink to……
brainchild BCW, a Uganda-based reputation management, digital, and experiential agency, has announced a brand refresh, unveiling a new identity as brainchild Burson. The announcement was made at the agency’s offices...
As Uganda Electricity Distribution Company (UEDCL) formally takes over the power distribution function, it will be months or even years before Ugandans move on from the days of Umeme. Yes, it……
Leading African private equity firms Alterra Capital backed by Nigerian Billionaire and Africa’s richest man, Aliko Dangote, and Phatisa- an equity firm, have signed agreements to acquire 100% of Java…
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The Commercial Division of the High Court in Uganda has ordered Kenyan businessman Atul Shah to pay Megha Industries Uganda $358,431 (UGX 1.3 billion) and UGX 24.3 million for breach…
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Now that we know we have an idea of the Umeme buyout amount, what could be in it for shareholders? Umeme has since last year been one of the most active…
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British International Investment (BII), UK’s development finance institution and impact investor, has sold its 10.1% stake in I&M Group PLC, East Africa’s banking group, to AfricInvest. The acquisition was made…
In fact, it will be the first time the Central Bank has had a chairman in more than 36 months since Emmanuel Tumusiime Mutebile’s death on January 23, 2022. The Bank…
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Airtel Uganda has reported a profit after tax (PAT) of UGX 316.7 billion for the 12 months to December 2024, signalling improved performance compared to in the same period in…
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The Engineers Registration Board (ERB) is set to enforce a rule requiring all foreign nationals involved in engineering projects to register and obtain ERB certification within four months of their…
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