Prior to the recent ruling, the International Chamber of Commerce Court of Arbitration ordered Bitature, his wife, and their companies to pay …
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Ugandan tycoon
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The decline in the market value of Mbire’s MTN Uganda stake underscores the challenges faced by investors in the Ugandan market.
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The reaction by Kiggundu, confirmed by sources close to him, follows a flurry of media reports initially disclosed by Kenyan online newspaper …
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According to court documents, Bitature has been directed to personally pay $25.4 million as a result of a breach of contract.
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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.
- East Africa
Ugandan tycoon Charles Mbire’s MTN Uganda posts more than $60-million profit in H1 2023
Holding a 3.99-percent stake in the telecom services provider, Mbire’s stake in MTN Uganda is $42 million.
- East Africa
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.
- East Africa
Patrick Bitature’s Simba Telecom unveils new tech products, powering Uganda’s digital revolution
Simba Telecom is a Kampala-based telecom enterprise.
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Mbire, the wealthiest investor on the Uganda Stock Exchange. loses $3.6 million as MTN Uganda’s stock price takes a hit.
- Hot News
Ugandan tycoon Patrick Bitature’s Simba Telecom ventures into East Africa’s booming solar energy market
Simba Telecom is a leading telecommunications enterprise.
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