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ARTICLES 2008-2015

Royal guards terror

By John Njoroge Bunyoro kingdom ruling by old rules? In 1999, Fred Atugonza of Hoima town, left his home in the wee hours to pray at a church near the palace of the Bunyoro king Rukirabasaija Agutamba Solomon Gafabusa Iguru I. The good Christian he was and an ardent follower …

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Eni deal: Heritage share price stays low

By Independent team Experts say Uganda assets undervalued Government to state position on Tullow in January After an initial surge on speculation that its Ugandan assets may fetch a higher price than Eni had offered, Heritage Oil shares on the London Stock Exchange settled lower. Heritage, run by Tony Buckingham, …

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Rwanda braces for first IPO

By Kelvin Odoobo Rwanda’s fledging stock market is set for a major boost as government prepares to list 25% of its 30% stake in the national brewer BRALIRWA. According to the operations manager of Capital Markets Advisory Council (CMAC), Celestin Rwabukumba, the process of issuing an initial public offer (IPO) …

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Nile’s money-maker

By Joseph were Long-necked beer bottle named brewer’s 18% growth Questions about why Nile Breweries is battling to retain sole use of the 500 ml long neck bottle on the Ugandan market have finally been answered. The long-necked bottle is one of three factors that Nile’s parent company, SABMIller of …

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