When UMEME’s concession ended in March last year, the market assumed finality. Power lines would keep running, but value, many believed, had gone with the concession. The share price, according to an analysis from Crested Capital, at UGX142, told that story clearly of a company at the end of its road. But then came an arbitration, which perse, is not an epilogue, but opened a second chapter. In June last year, Umeme escalated a $292m compensation claim against the government of Uganda in a London arbitration. Weeks of talks had failed to end the stalemate over compensation for unrecovered assets…
This Is Premium Content. Subscribe And Save On Unlimited Access With Our Best Offers!
East African Breweries Limited (EABL), one of East Africa’s most influential consumer goods companies, is entering a new era. This comes after its majority shareholder, Diageo, agreed to sell its entire 65% stake to Japan’s Asahi Group Holdings. The transaction was disclosed through a statutory public announcement and an accompanying EABL press release. It is among the region’s most significant cross-border investments in the beverages sector. This deal will see a major Japanese brewer take control of a leading African alcohol business. Who is buying and who is selling The seller is Diageo, the global beverages group behind brands such…
This Is Premium Content. Subscribe And Save On Unlimited Access With Our Best Offers!
In the days leading to her passing, Miriam Ekirapa Musaali, a distinguished corporate lawyer, governance expert, and one of Uganda’s most respected financial-sector minds, left behind more than a professional legacy. She left behind a profound spiritual testimony. In August 2025, during an intimate online prayer session with friends, Miriam delivered what would become one of the most moving accounts of personal resilience, faith, and unbroken hope ever shared by a Ugandan business leader confronting terminal illness. Her words did not just describe a battle with cancer. They revealed a woman who faced unimaginable pain with clarity, conviction, and a…
This Is Premium Content. Subscribe And Save On Unlimited Access With Our Best Offers!
Real estate markets are, at their core, mirrors of the economies they sit within. In advanced economies, that mirror reflects a relatively stable image: steady credit markets, predictable consumer demand, mature institutions, and long-established urban growth patterns. But in developing countries like Uganda, the mirror behaves differently. It shifts quickly, exaggerates shocks, and amplifies every policy misstep, every currency wobble, and every change in global liquidity. This is a sector whose fortunes rise and fall not on neighbourhood gossip but on macroeconomic tides. “In Uganda, the macro is the weather system,” says Moses Lutalo, Managing Director of Broll Uganda. “It…
This Is Premium Content. Subscribe And Save On Unlimited Access With Our Best Offers!
The Dar es Salaam Stock Exchange (DSE) has posted another quarter of solid financial performance, signaling strong operational resilience and investor confidence amid a tightening regional economic environment. For the…
The stock market continues to deliver standout opportunities for investors. Five locally listed companies posted exceptional returns that outpaced both government bonds and the National Social Security Fund (NSSF). The latest edition of the Black Diamonds Update by Crested Capital highlights counters that achieved total shareholder returns above 25% between January and September 2025. Bank of Baroda and QCIL lead the pack At the top of the list is Bank of Baroda (BOBU), which recorded a staggering 97.75% total shareholder return. This was driven by a sharp rise in its share price from UGX 22.25 at the start of the…
This Is Premium Content. Subscribe And Save On Unlimited Access With Our Best Offers!
In a fast-changing Uganda, the definition of wealth is shifting. It’s no longer just about today’s comfort — it’s about building legacies that last. Across the country, more people are looking beyond simple savings accounts, asking bigger questions: How can I secure my children’s education? How do I grow my business into a family enterprise? How do I invest for a retirement free of financial worry? For Stanbic Bank Uganda, these aren’t abstract questions. They are the daily reality of its Personal & Private Banking (PPB) division — a business unit undergoing a strategic transformation to put generational wealth creation…
This Is Premium Content. Subscribe And Save On Unlimited Access With Our Best Offers!
The structural separation of MTN MoMo Uganda, a move that will see the country’s largest mobile money business operate as an independent, Bank of Uganda–licensed fintech company is gathering significant…
Kenya is on the cusp of one of the most significant equity transactions in East Africa in nearly two decades. The Kenyan government plans to sell its 65% controlling stake…
Crested Capital has released its mid-year report card on the performance of local counters on the Uganda Securities Exchange (USE), highlighting the stocks delivering the highest total shareholder returns (TSR)…
