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Stanbic Unit Trust Launched, To Empower Ugandans Pool Resources & Generate Favourable Returns

Grace Semakula(left), the Chief Executive of SBG Securities, Francis Karuhanga (2nd right) , the Chief Executive of Stanbic Uganda Holdings Limited, and Aggie Konde (right), the Board Chairperson of SBG Securities. In a move poised to transform Uganda's investment landscape, SBG Securities, a subsidiary of Stanbic Uganda Holdings Limited, has

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MarketsNews

Mauritian Company Acquires 51.18% Controlling Stake In Quality Chemical Industries In Shs94.6bn Deal

Mauritian based investment company, Africa Capitalworks SSA 3, has completed the acquisition of 51.18% stake in CIPLA Quality Chemical Industries Limited. Africa Capitalworks SSA 3 (ACW SSA 3) acquired 1,864,299,646 and 4,871,038 Ordinary Shares of Cipla Quality Chemical Industries Limited (QCIL) from Meditab Holdings Limited and Cipla (EU) Limited, respectively, collectively comprising

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AgribusinessCommoditiesMarkets

Kenya Agricultural Commodities Exchange Goes Live Next February, Produce To Be Drawn From Kenya, Uganda & Rwanda

Kenya’s planned agricultural produce exchange is scheduled to go live in February next year, the Trade and Investment Ministry said in a disclosure. The ministry said the Kenya National Multi Commodities Exchange (Komex) is scheduled to commence mock trading on January 29, 2024 and go live on February 26, 2024.

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