Thursday , November 14 2024
Home / The independent (page 1174)

The independent

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 …

Read More »

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, …

Read More »

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) …

Read More »

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 …

Read More »

Oil CEO’s hazy past

  By Jocelyn Edwards The man who got Shs 250 billion from selling Uganda’s oil has a ‘deal with him at your own risk’ tag in financial circles The company that may have taken Uganda for a ride in the deals for one of its most valuable resources is headed …

Read More »