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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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Dr. Michele Nabakka Kigozi is a multi-qualified medical professional with a broad range of advanced competencies that include major trauma, neuro anaesthesia, neurointensive care, general critical care medicine, paediatric anaesthesia and paediatric intensive care. She is currently a Staff Physician at the Abu Dhabi-based Cleveland Clinic in the United Arab Emirates since March 2021. The Spanish-educated Ugandan doctor holds an International Master in Donation and Transplantation of Organs Tissues and Cells, Medicine which she attained in 2021 from the Universität de Barcelona (UB), one of Spain’s leading research universities. Michele’s core competencies include regional anaesthesia, including obstetrics, trauma…
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East Africa is the fastest-growing economic region on the continent. In 2022, Uganda, Kenya and Tanzania attracted over USD13.3 billion worth of foreign direct investment (FDI). This is according to the latest investment report by the business advisory firm Ernst & Young. The report singled out Uganda as having received USD10.2 billion — the highest in East Africa — creating 6,300 jobs. However, a refusal by a Ugandan Commercial Court to respect and enforce a London Court of International Arbitration (LCIA) ruling has turned on the stage lights onto Uganda’s investment climate and may position the country in a bad…
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Crown Beverages (Mauritius) Ltd has appointed Paddy Muramiirah, formerly, the Crown Beverages Uganda Chief Executive Officer to head its entry into the Kenyan market. Last week, we reported that the billionaire owners of Uganda’s Crown Beverages, Amos Nzeyi, Chris Kayoboke and Maggie Kigozi were close to acquiring SBC Kenya Ltd (SBC Kenya), a Kenyan beverages maker. SBC Kenya Ltd (SBC Kenya), which is fully owned by Kenya Bottling Company Limited, operates a bottling plant in Nairobi as an independent bottler for PepsiCo products within Kenya. In Uganda, Crown Beverages (Uganda) is the franchise bottler of global food, snack, and beverage…
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Let’s start from where it all started. Tell us about your childhood, growing up and early working days. My father’s dad Mr. Penn Blick was a British settler in Gomba, Central Uganda in the present day Gomba District. He had a coffee farm there. My mother’s dad, Captain Arthur Johnson had settled in Masaka District, where he married a Muganda lady. Therefore both my father, Mr. George William Blick and mother, Molly Johnson Blick were half Ugandan and half British. I was born in Fort Portal where my father was a district engineer for the Ministry of Works. My mother…
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When in 1993, Amos Nzeyi, and his partners, Chris Kayoboke and the now deceased Dan Kigozi, made a bid to buy what was left of the assets of the then government-owned Lake Victoria Bottling Company (LVBC), the company was in tatters. According to Nzeyi, who is now the company’s Executive Chairman, “There was one old line, not enough coolers, bottles, trucks or infrastructure”. “The company was being subsidised by the government to be able to buy raw materials from PepsiCo and even pay, its workers,” Nzeyi recalls. At the time LVBC’s assets were put up for privatisation, the state…
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The total assets of Uganda’s financial services industry reached UGX.45.81 trillion, or 44.3 percent of Uganda’s GDP, as at end December 2018. The banking sector, dominated 69% of these assets, followed by Pension Funds at 22%, then Funds under Management (6%) and lastly the insurance sector at 3%, according to Bank of Uganda’s Financial Stability Report, June 2019. According to the report, as at end June 2019, the banking sector, continued to flourish with commercial banks accounting for 95.2 percent (UGX30.3 trillion) of the banking sector’s total assets of UGX.31.8 trillion. This was followed by the Microfinance Deposit-taking Institutions (MDIs)…
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