Uganda-based entrepreneur Kaivan Sattar’s startup acquires Mexican firm FlexClub
Over the six years of its operation, Asaak, under Sattar’s leadership, has facilitated the acquisition of more than 5,000 motorcycles.
Uganda
Struggling Ugandan tycoon Patrick Bitature ordered to pay South African firm $65 million
According to court documents, Bitature has been directed to personally pay $25.4 million as a result of a breach of contract.
Ugandan tycoon Charles Mbire suffers $2.4-million loss from MTN Uganda stake
The market value of Mbire’s 3.99-percent stake in MTN Uganda has declined $43.89 million on Jan. 1 to $41.45 million.
Ugandan pharma tycoon Emmanuel Katongole’s CiplaQCIL stake plunges to less than $2 million
East Africa’s healthcare industry, Katongole, holds a significant 2.79-percent stake in CiplaQCIL.
The 7 richest people on the Uganda Securities Exchange
Billionaires.Africa presents its ranking of the seven richest investors on the Uganda Securities Exchange in 2023.
Meet Ugandan-based entrepreneur who secured $30 million in funding for his startup this year
Prior to founding Asaak, Sattar worked as a data scientist at LendingHome.
Chipper Cash Founder Ham Serunjogi to donate Starlink in Uganda
At just 36 percent, Africa’s Internet penetration compares poorly with the 62.5-percent global average.
Kenyan businessman James Mwangi’s Equity Group signs MOU with Uganda National Oil Company
Equity Bank Uganda is one of many operating subsidiaries of Equity Group Holdings.