Aquafina Archives – CEO East Africa

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Dr. Maggie Kigozi on Building Family Businesses: Lessons in Risk, Inheritance, and Succession Planning

Muhereza KyamuteteraThe Big Story Women In LeadershipApril 12, 2025April 12, 2025

When Dr. Maggie Kigozi stepped into Crown Beverages Limited (CBL) in 1994 following the death of her husband and co-founder, Eng. Dan Kigozi, she wasn’t merely inheriting shares—she was inheriting a dream. One year earlier, Dan, alongside business partners Amos Nzeyi and Chris Kayoboke, had acquired the assets of the defunct, state-owned Lake Victoria Bottling Company (LVBC) and secured a critical franchise from PepsiCo. The trio renamed the company Crown Bottlers Limited—later Crown Beverages—and set out to transform it into a world-class beverage enterprise. More than thirty years on, that dream has not only endured—it has expanded into something extraordinary….

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5000+ run for girl child education in 2nd edition of Absa KH3-7 Hills Run

CEO East Africa MagazineCompany News News & AnalysisMarch 20, 2024March 20, 2024

Over 5,000 runners took part in the Absa KH3-7 Hills Run marathon that took place on Sunday 17 March 2024. The annual marathon challenges runners to traverse the length of the proverbial 7 hills that make up Kampala City. Proceeds from the run dubbed “Run Her Race” and organised by Absa Bank Uganda and Kampala Hash House Harriers (KH3) will go towards initiatives that focus on returning girls who have dropped out of school prematurely, to school as well as providing urgent menstrual hygiene support to impoverished schoolgirls who often drop out of school due to prohibitive costs of sanitary…

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Crown Beverages Limited scoops 3 awards for governance and growth from PepsiCo

CEO ReporterCompany News News & AnalysisOctober 16, 2023October 16, 2023

Leading carbonated soft drinks and water makers, Crown Beverages Limited (CBL), have scooped 3 awards at the just-ended Africa, Middle East and South Asia (AMESA) PepsiCo International Bottlers Conference in Dubai. CBL, are franchise bottlers of global food, snack, and beverage giant, PepsiCo, Inc. The company bottles Pepsi, Mountain Dew, Mirinda Fruity, Mirinda Orange, Mirinda Pineapple, Mirinda Green Apple, Evervess Tonic, Sting Energy Drink as well as Nivana and Aquafina water. The company that emerged category winners in the Governance and Net Revenue growth categories, was also declared the Overall Winner, Faster Growth Category. The company was not immediately…

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Resilience, commitment and growth: Crown Beverages’ success story continues to unfurl with the USD76 million new bottling plant

Muhereza KyamuteteraCompany News News & Analysis The Big StoryJanuary 3, 2023January 3, 2023

Aquafina is available in a 500ml pack at a recommended retail price of One Thousand Uganda Shillings (1000 UGX) only, countrywide. Aquafina is the first international water brand in Uganda. Aquafina is bottled at the CBL’s state-of-the-art USD76 million (UGX279 billion plant) at Kakungulu, Ssisa, off the Entebbe Expressway. This is CBL’s second plant, after the legacy Nakawa plant, which has undergone several extensions and upgrades. The plant was financed by Citibank and Stanbic, to the tune of USD 50 million. The remaining USD26 million was shareholder re-investment into the business. Alongside Aquafina, the plant also bottles other CBL products-…

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Everything you need to know about Aquafina, Crown Beverages’ latest bottled drinking water brand and why the competition should keep a close eye

The CEO Magazine TeamCompany News The Big StoryDecember 21, 2022December 21, 2022

Uganda’s bottled drinking water sector has been growing unprecedentedly. There are over 100 registered players, with an estimated total turnover of UGX400 billion. Rwenzori Mineral Water is the market leader and contributes more than a quarter of Coca-Cola Beverages Uganda’s (CCBU) turnover. Fresh from winning back, nearly all of its lost market share in the carbonated soft drinks category from CCBU, Crown Beverages Limited, Uganda’s oldest beverage company has now recalibrated its guns with eyes on winning a chunk of the lucrative bottled drinking water category. This November, CBL introduced a new brand of water- Aquafina. Aquafina, enriched mineral water…

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