The past five years have not gone particularly well for Uganda’s billionaire class. Once the undisputed symbols of local enterprise and ambition, several of the country’s most prominent businessmen have…
The Supreme Court has handed businessman Patrick Bitature a much-needed pause in his long and bruising legal fight with South African investment firm Vantage Mezzanine Fund II Partnership. In a…
Uganda’s millionaire class is quietly expanding. The country added 100 new dollar millionaires in the 12 months leading up to June 2025. The addition brings the total number of individuals…
Uganda’s Court of Appeal has today handed down a string of rulings that deepened the legal troubles of businessman Patrick Bitature and his Simba Group, while significantly strengthening the hand…
The Court of Appeal has handed South African lender Vantage Mezzanine Fund II a decisive legal victory in its high-profile dispute with Ugandan businessman Patrick Bitature and his Simba Group…
Nearly two decades after the Government of Uganda privatised Kinyara Sugar Works Ltd — now Kinyara Sugar Ltd — hundreds of sugarcane out-growers in Masindi are still chasing a promise:…
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…
Patrick Bitature In the world of entrepreneurship, success is often romanticized as an overnight phenomenon—a brilliant idea that transforms into a million-dollar venture with just a single stroke of genius….
Simba Group Founder, Chairman & Chief Executive Officer, Dr. Patrick Bitature has been named Entrepreneur of the Year at the just-ended African Tourism Leadership Forum, held in Gaborone, Botswana. The…
Umeme Limited has released its unaudited interim condensed financial results for the six months’ period ended June 2022. In the financial statement signed by the company Chairman and MD, Patrick…