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Tag Archives: Capital Markets Authority (CMA)

Quality Chemicals To Cough Shs20b In Delayed Cipla Exit Plan

Quality Chemicals To Cough Shs20b In Delayed Cipla Exit Plan

A delayed share purchase cost Cipla Quality Chemicals close to Shs20b in just six months. This is according to a disclosure published together with the company’s financial results. Cipla and Africa Capitalworks had planned to complete the share purchase in a Shs94.5b ($25m) deal by May 31. However, mandatory approvals from Capital Markets Authority and Comesa delayed for months, with the ...

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Capital Chicken Limited Denies Fleecing Ugandans

Capital Chicken Limited Denies Fleecing Ugandans

Capital Chicken Limited, a contract farming company dealing in broilers with farming packages for individuals who want to accumulate their income has denied fleecing its Ugandan clients. News via different social media outlets have been reporting that the company located along Kanjokya street in Kamwokya closed down. The rumors also claim they ran away with their clients’ savings and businesses. ...

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