Patrick Bitature

“A gentle giant with a brilliant mind and incredible foresight”- Patrick Bitature eulogises Prof. Mutebile

by Patrick BitatureThe Big StoryJanuary 24, 2022January 24, 2022

‘Profoundness’ is not an everyday word in our vocabulary. It comes to mind because I flew to Nairobi last week purposely to visit a special friend at the Nairobi hospital, Emmanuel Tumusiime Mutebile. A man of profound wisdom“Profoundness is the characteristic of being full of meaningful insight”. That was my…

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“We legally acquired URC land, but willingly gave it back,” Bitature’s Simba Properties speaks out on claims it was thrown off Uganda Railways land

by Muhereza KyamuteteraNews & AnalysisThe Big StoryNovember 14, 2021November 14, 2021

Simba Properties, a company belonging to billionaire businessman Patrick Bitature’s Simba Group has spoken out against claims that it illegally took possession of land belonging to Uganda Railways Corporation (URC).In a statement released today, November 14th by Simba Properties, the company dismissed the allegations as misleading and inaccurate but instead…

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Dr Nataliey Bitature named among Hult International Business School’s 10 notable alumni

by Muhereza KyamuteteraThe Big StoryWomen Fixing UgandaWomen In LeadershipAugust 25, 2021August 25, 2021

Dr Nataliey Bitature, the Chief of Staff at Simba Group, has been named amongst this year’s Hult International Business School’s top 10 notable alumni.The out-of-United Kingdom Hult International Business School is a private business school with campuses in Cambridge, London, San Francisco, Dubai, New York City, and Shanghai. It has…

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Dear Rt. Hon. Jacob Oulanyah and Rt. Hon. Anita Among; Uganda yearns for a more pro-private sector Parliament —an open letter from businessman Patrick Bitature

by Patrick BitatureParliamentThe Big StoryThought LeadershipMay 28, 2021May 28, 2021

This week, on Monday, 24th 2021, the 11th Parliament of Uganda elected Rt Hon. Jacob L. Oulanyah and Rt Hon. Anita Among as its Speaker and Deputy Speaker, respectively.On my behalf and behalf of the Simba Group of Companies, I would like to congratulate, them for winning the direct trust…

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Umeme reassures of more investments to drive industrialization

by CEO ReporterCompany NewsNews & AnalysisMay 14, 2021

Umeme has reiterated its commitment of driving distribution efficiencies to ensure reliable and affordable electricity supply to support Uganda’s industrialization drive and access to clean energy. Speaking at the 9th Annual General Meeting (AGM) held on Thursday in Kampala, Patrick Bitature, the Board Chairman, said Umeme’s strategy is aligned with…

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Umeme to pay out UGX19.8 billion in dividends after Shareholder Approval

by CEO ReporterAdvertising & CommunicationFinanceMay 7, 2021May 7, 2021

Umeme shareholders have approved a total dividend payout of UGX19.8 billion after endorsing UGX12.2 per ordinary share based on the company’s 2020 performance. The dividend will be paid out on or about July 19th 2021, to shareholders in the Company’s register at the close of business on 25th June 2021. The shareholders…

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POATE 2021 is a shot in time for Uganda’s hard-hit tourism sector

by CEO ReporterThought LeadershipApril 27, 2021April 27, 2021

By Patrick BitatureThe first quarter of 2021 has seen pieces of good news for the economy. Not just Uganda, but as the entire world is just emerging from the chokehold of Covid-19, every bit of good news makes a lot of difference and a is reason to wake up energized…

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PATRICK BITATURE: A profile of one of Uganda’s foremost tourismpreneurs

by Muhereza KyamuteteraLifestyleThe Big StoryApril 7, 2021April 8, 2021

Founded in 1998, by Patrick Bitature, Simba Group is a conglomerate of East African companies spanning telecommunications, properties, power generation, agro-business, oil and gas, tourism and social enterprise. Simba Group companies have been built to operate under the Group’s core principles of integrity, innovation and adaptability, and are overseen by…

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Ugandans welcome Government-Total Key Oil Pipeline Agreement

by CEO ReporterThe Big StorySeptember 12, 2020September 12, 2020

Ugandans have come out to support the government’s move of signing ofthe Host Government Agreement (HGA) for the East Africa Crude Oil Pipeline (EACOP) project with Total.The ceremony took place yesterday at State House Entebbe and was presided over by President Yoweri Museveni, and witnessed by Patrick Pouyanne, the Chairman…

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COVID-19: UMEME’s half year gross profit drops by 22 percent

by Samuel MuhimbaCompany NewsFinanceAugust 18, 2020August 18, 2020

Uganda’s biggest power distributor UMEME Limited has announced its half year financial statements  for the six months ended 30th June 2020 indicating a reduction in gross profit by 22 percent to UGX232 billion from UGX 296 billion in the same period in 2019. This, according to the utility firm, was…

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