As the I&M Group celebrates 50 years of building this strong foundation and looks forward to the future with optimism, Dr. Ketan Morjaria, who is also a shareholder and Director...
Simpson Birungi founded Movit Products Ltd in 1997, starting with a makeshift workshop in Namasuba, Wakiso District. Since then, the company has grown into a multi-billion enterprise, becoming one of...
In October 2022, CEO East Africa broke the story of how one of Africa’s wealthiest families, the Oppenheimers, had acquired a majority 75% stake in Uganda’s third largest soft drinks...
Succession planning is a crucial aspect of family businesses, yet many founders struggle to prepare their heirs for the responsibility of taking over the reins. In Uganda, the statistics are...
Forbes Africa released its annual list of Africa’s billionaires with its 2024 class of 20 billionaires now worth $82.4bn. Collectively, these billionaires would be the 18th richest person in the...
Crown Beverages Limited, the franchisee bottler for PepsiCo International has no doubt, matured both as a large player in the Ugandan non-alcoholic drinks category as well as in the broader…
Looking back, this could be attributed to the relentless effort across the numerous production value chain of Movit from manufacturing to marketing that were both very innovative and aggressive that…
At the October 2022 People’s Choice Quality Awards, held in Kampala. Torrero Liqueur won its second consecutive award for the best locally blended liqueur. This is an unprecedented feat, considering…
The story of Steel & Tube Industries, one of Uganda’s top five steel companies and the largest indigenously owned steel maker is as fascinating as it is inspiring. His is…
After making a fortune in supermarkets and commercial real estate, Ponsiano Ngabirano, the Founder & Chief Executive Officer of Capital Shoppers Supermarkets, has ventured into the hospitality industry. The retail…
ESTIMATED WEALTH: USD1.2 billion AGE: 65 years SOURCE OF WEALTH: Financial services, real estate, education services, hospitality, agriculture, and media/broadcasting MARITAL STATUS: Married, with 3 Children PHILANTHROPY: Individually and through…
The entire decade of the 90s was not any kind to Uganda in matters of health. It was the height of the HIV/AIDS scourge and the many diseases related to…
Movit Products Limited’s Executive Chairman, Simpson Birungi, has made major people reshuffles at the personal and home care products maker, attracting some big-name hard-nosed executives, including from Unilever and Indian…
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…
South Africa’s Nicky & Oppenheimer family, Africa’s third richest billionaires, have through one of their investment vehicles, Oppenheimer Partners, made a majority acquisition of Uganda’s Hariss International, makers of the…
