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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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The three Uganda Waragi brands – Premium, Pineapple and Coconut – have each won Gold Awards in the 2022 Monde Selection International Quality Awards, bringing the overall number of quality awards won by the brand to twenty-two. The Monde Selection Award – which began in 1961 – evaluates the quality of consumer food, spirits, beverages, diet and health and cosmetic products from all over the world through an independent 360° quality assessment. A jury of more than 80 internationally renowned experts assembles annually to judge various products on several key parameters, such as taste, smell and visual appeal. Judges also look…
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The 4th Kampala Cocktail Week is upon us. It will run from Wednesday, 27th November – 7th December 2019. For a full 10 days you have a chance to try as many new signature cocktails as you can at any or all of the 30 participating bars at UGX 15,000. No Tickets, No Vouchers, No Bookings. You simply walk-in to any of the participating outlets for an ultimate #KLACocktailWeek is best experienced with friends!
To celebrate Uganda Waragi, the headline sponsor for the last 5 years, Pearl Kitimbo Elisabeth, our Lifestyle Reporter, has handpicked 20 of the many cocktails that will be on the menu. The event is organized by Pearl Guide and co-sponsored by Radio City.
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