Addressing a high-level gathering of Uganda’s most influential business leaders at Speke Resort Munyonyo on Thursday, H.E. President Yoweri Kaguta Museveni reaffirmed that the private sector remains the primary driver of the nation’s journey toward a US$500 billion economy. The…
Africa’s journey in battling devastating diseases like HIV/AIDS and malaria has been a story of resilience and hard-won progress. Yet, this progress is constantly threatened by a systemic issue that hampers access to life-saving medicines and stifles local industry: regulatory…
When a bank finances medicine for the sick, power for a nation, and the dreams of entrepreneurs, it does more than grow its loan book, it secures a stake in the future of its country. In recent weeks, Stanbic Bank…
In a landmark move that reaffirms Uganda’s pharmaceutical self-sufficiency and regional health leadership, Quality Chemical Industries Limited (QCIL) has secured a USD36M ( about Shs131 billion) facility from Stanbic Bank Uganda. The financing will support the construction of a new…
Courtesy Photo: Cipla Quality Chemical Industries Uganda Quality Chemical Industries has dropped the Cipla name in a process that signals completion of a 51.18 percent share purchase by Africa Capitalworks. The purchase process has been ongoing since April last year with…
Cipla Quality Chemical Industries Limited, has announced that it will pay dividends in 4 years since it was listed on the Uganda Stock exchange. In the results for the financial year ending March 31, 2022, Cipla posted a profit after…