EY Archives – CEO East Africa

Nigerian Billionaire Aliko Dangote’s backed investors take over Java House restaurant chain

Paul MurungiEast Africa Lifestyle News & Analysis The Big StoryMarch 11, 2025March 11, 2025

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 House Africa, from UK’s emerging-market investor Actis, for an undisclosed sum. A statement released by the two equity firms yesterday notes that the investment marks a significant milestone in Java House’s growth journey, reinforcing its position as a category leader on the continent. Founded in 1999, Java House has grown into a household name, offering high-quality coffee and a diverse menu to customers across Kenya, Uganda, and Rwanda. The company…

This Is Premium Content. Subscribe And Save On Unlimited Access With Our Best Offers!

PwC and KPMG fined £10.5m for audit breaches in UK as pressure mounts to split up the “big 4” accountancy firms

Muhereza KyamuteteraBanking & Financial Services Company News The Big StoryJune 30, 2019June 30, 2019

Report of the Presidential Tripartite Committee PricewaterhouseCoopers LLP (PwC) and KPMG, two of the world’s largest “big 4” accounting firms were fined £4,550,000 and £6 million respectively for audit breaches…

Ernst & Young 2018 profits fall by 16.9% as effects of 2017 Bank of Uganda suspension make full impact

Muhereza KyamuteteraBanking & Financial Services Company News The Big StoryMay 30, 2019May 30, 2019

The 2017 Bank of Uganda suspension against Ernst & Young (EY) from auditing financial institutions may have ended, but its effects have lingered on, affecting the audit firm’s 2018 revenues…

Subtotal	UShs0
Shipping	UShs0
Tax	UShs0
Total	UShs0