Power, politics and money behind KenolKobil TOO BIG? Kenol is not only a well-connected firm rescued from the dead 30 years ago; with $2.1 billion in sales, it is East Africa’s largest company. Now it has bitten off more than it can chew
Optimistic Ogilvy bets on Africa: Multinationals and buyouts These are expected to help the firm tighten its grip on the telecoms sector, especially the mobile telephony market — a big media spender
Ugandan athlete to carry London Olympics torch On June 28, Catherine Lometo from Lokopo, Moroto district, some 420 kilometres northeast of Kampala, will run the Olympics torch relay in Nottingham in the United Kingdom.
The unpaid anthem, 50 years on The composer of the Ugandan national anthem, Prof George Wilberforce Kakoma, who was buried on April 14, died a bitter man: He was not compensated for his artistic achievement, 50 years after...
We’ll work with govts to get the artefacts back to Africa Our core business is to contribute towards the development of African museums in particular and the African heritage sector in general through networking and provision of relevant information,
GroFin fortifies Africa operations Barely a fortnight after it announced a growth in the funds it is managing, small and medium-sized enterprises financier, GroFin, has embarked on bolstering its operations in sub-Saharan Africa.
DR AJANGALE NELLY ISYAGI-LEVINE: The catfish entrepreneur Dr Ajangale Nelly Isyagi-Levine was born 42 years ago in Malawi, but started pre-school in Uganda. The family was forced to move to Kenya during Amin’s reign in the 1970s. She went to primary...
Y&R to handle brands of SABMiller in Africa SABMiller has signed a business deal with Young & Rubicam Group that will see the agency handle its marketing and brand building for local premium beers across Africa.
Carlyle Group launches new fund for Africa The Carlyle sub-Saharan Africa Fund comes hot on the heels of setting up the Johannesburg-based team to pursue investment opportunities on the continent.
Ciel Capital plans second EA fund Mauritius-based firm Ciel Capital is preparing to start fundraising for its second Eastern and Southern Africa focused private equity fund.
