Following a reputational and financially bruising fraud scandal — in which the brewer estimates to have lost about UGX 9 billion — and the subsequent exit of its Heads of Marketing and Sales, Nile Breweries appears to have completed an overhaul of leadership across its sales and marketing functions, bringing in a rich fusion of talent from within and beyond its ranks and the wider industry. After the scandal was unearthed, Amou Jervas Majok, who was then the Country Marketing Lead, and her sibling Majok Darwin Jervase Majok, who oversaw trade marketing and key accounts, left the company as investigations…
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Uganda’s business and leadership elite convened on Sunday, December 14th, afternoon for an intimate and highly curated Johnnie Walker Blue Club experience, hosted by renowned businessman and philanthropist Bob Kabonero at his private residence in Kololo. Synonymous with prestige and refinement, the Johnnie Walker Blue Club is an invitation-only platform that brings together distinguished leaders to connect, converse, and celebrate excellence over the world’s most exceptional Scotch whisky. Sunday’s gathering marked the final Blue Club experience of the year, offering members a fitting close to 2025. An Invitation-Only Gathering of Influence The guest list reflected the stature of the occasion….
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Global spirits giant Diageo has agreed to sell its majority stake in East African Breweries Limited (EABL) to Japan’s Asahi Group Holdings, marking a significant shift in the ownership of East Africa’s largest beer producer. Under the deal, Diageo will sell its 65% shareholding in EABL, along with its interests in the Kenyan spirits business, United Distillers and Vintners Kenya (UDVK), to Asahi. The transaction is expected to generate net proceeds of approximately $2.3 billion for Diageo after tax and transaction costs, valuing EABL at an implied enterprise value of $4.8 billion. Diageo said the disposal aligns with its strategy…
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The Common Market for Eastern and Southern Africa (COMESA) Competition Commission has imposed a fine of USD 750,000 on global alcoholic beverages manufacturer Diageo Plc, the majority shareholder in East African Breweries Limited (EABL), for engaging in anti-competitive business practices across Uganda, Eswatini and Zambia. The ruling, contained in a 13-page decision issued on September 21, 2025, concluded that Diageo’s actions violated regional competition laws by restricting trade and distorting market dynamics within the COMESA region. The Commission’s decision follows a multi-year investigation into the company’s distribution and production agreements with local partners, which were found to contain clauses that…
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Rwandan professional golfer Celestine Nsanzuwera etched his name into Ugandan golf history on Sunday after triumphing at the 2025 Johnnie Walker Uganda Professional Golf Open held at the scenic par-71…
On 11th September 2025, the Federation of Uganda Employers (FUE) hosted the Employer of the Year Awards (EYA) Dinner at Mestil Hotel, Kampala. This annual celebration brings together industry leaders,…
Bloomberg has reported that British multinational Diageo has appointed Bank of America and Goldman Sachs to oversee a review of its 65% stake in East African Breweries Limited (EABL). The…
Leadership is about vision, influence, and the courage to uplift others. And on Friday night, Johnnie Walker’s She Walks programme brought together some of Uganda’s most inspiring women leaders to…
In an extraordinary act of shareholder resolve, a majority of the minority investors in Uganda Breweries Limited (UBL) stood their ground against a high-stakes buyout offer from East African Breweries Limited (EABL), rejecting what was marketed as a generous cash-out opportunity. Now, through extensive research and access to regulatory filings, CEO East Africa Magazine can reveal the names behind the two sides of this gripping corporate showdown – those who sold, and those who refused. The high-stakes offer In September 2024, EABL – already holding a 98.19% stake in UBL – launched a final push to acquire the remaining 1.81%…
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Senior marketing guru Juliana Kaggwa has been appointed the new Chief Executive Officer of the Uganda Tourism Board, replacing Lilly Ajarova, who moved on to a new role as Senior Presidential Advisor on Tourism and Wildlife. Kaggwa has been the Group Marketing & Sales Director at SeedCo, an African Seed Company based in Zimbabwe. However, her notable career moments were registered at Uganda Breweries Limited (UBL) as Marketing & Innovations Director where she was responsible for ensuring the profitable and sustainable growth of the focus brands in the UBL portfolio. To her name are brand innovations like the famous Uganda…
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