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December 11, 2025
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    Emmanuel Katongole

    Quality Chemical says it is seeking funding for the expansion of its operations that will enable it to increase annual output from 1.4 billion to 2.4 billion tablets.

    Quality Chemical’s $51m Bet: Can Debt Restructuring Deliver Uganda’s Pharma Future?

    Jeff WintersThe Big StoryAugust 8, 2025August 8, 2025

    Shareholders of Quality Chemical Industries approved a $51 million credit package from Stanbic Bank. It is a move that signals both expansion ambition and underlying financial pressure. This was at…

    Centenary Bank and Rotary Uganda Unite to Activate Hope for Cancer Patients at Nsambya Hospital

    Brian EmorutCompany NewsNews & AnalysisJuly 29, 2025July 29, 2025

    Centenary Bank, Uganda’s leading indigenous financial institution in partnership with Rotary Uganda, through the Hope Creator Presidents, activated the 2025 Rotary Cancer Run at Nsambya Hospital. The activation championed by…

    Ajay Kumar Pal has engineered a remarkable comeback of the now rebranded Quality Chemicals Limited, which, about three years ago, could have been very difficult to think about. Quality Chemicals’ fortunes had decelerated, with both earnings and stock trading falling to historical lows.

    From Red to Resurgence: How Kumar has Engineered Quality Chemical’s Turnaround

    Jeff WintersIndustry & AnalysisThe Big StoryJuly 18, 2025July 21, 2025

    In 2021, Ajay Kumar Pal became CEO of Cipla Quality Chemicals, now QCIL. He displayed a calm resolve of someone used to pressure. He wasn’t just walking into a leadership…

    Rotarian Emmanuel Katongole Confirmed as Rotary International Director for Africa

    Brian EmorutAfricaAfricaGlobal NewsNews & AnalysisProfilesThe Big StoryDecember 16, 2024December 16, 2024

    The Rotary community in Africa is celebrating the confirmation of Rotarian Emmanuel Katongole as the incoming Rotary International Director (RID) for Zone 22 (Africa). He is a former District Governor…

    Enjovu family to host business conference on addressing governance and conflict resolution for lasting success

    Paul MurungiCompany NewsOctober 9, 2024October 9, 2024

    The Enjovu Family Business Conference is back, and is slated for this Friday- October 11, at the Sheraton Kampala Hotel.  The event is the peak of family business discussions that…

    ACW acquires majority stake in Cipla Quality Chemical Industries Limited

    CEO ReporterNews & AnalysisNovember 14, 2023November 14, 2023

    Africa Capitalworks (ACW), an investment company that deploys permanent equity capital in strategically-selected sectors across Sub-Saharan Africa, excluding South Africa, has acquired a majority stake in Cipla Quality Chemical Industries…

    BIG MAN WITH A BIG HEART: Dr. Sudhir Ruparelia donates ambulance, UGX20m to Rotary Club

    Nelson NambooleNews & AnalysisJuly 12, 2022July 18, 2022

    Ugandan business mogul and philanthropist Dr. Sudhir Ruparelia has donated a brand new ambulance and a sum of UGX10 million to the Rotary Club of Nsangi. The club is mobilising…

    REST IN PEACE: The life and times of Francis Kitaka, deceased founder of MTK Uganda Ltd

    Samuel MuhimbaCompany NewsSeptember 12, 2020September 12, 2020

    Francis Xavier Kitaka the very first Ugandan to run a privately owned Veterinary pharmaceutical business in Uganda (MTK Uganda Ltd) has passed on according to sources from his family. Born…

    COVID-19 FIGHT: Trade and Development Bank Donates Medical Supplies to 60 Ugandan Hospitals

    CEO ReporterCompany NewsSeptember 8, 2020September 8, 2020

    The Eastern and Southern African Trade and Development Bank (TDB), in collaboration with the Office of the Prime Minister and Uganda’s National Response Fund to Covid-19,  has donated locally-procured medical…

    CIPLAQCIL acquires Quality Chemicals Limited’s Human Health Care business in UGX4.6 billion deal

    Samuel MuhimbaCompany NewsAugust 24, 2020August 24, 2020

    Leading Pharmaceutical manufacturer CIPLAQCIL has announced the acquisition of assets of Quality Chemical’s Limited’s Human health care business portfolio in a deal worth US$ 1.27 million (UGX4.6 billion). In a…

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