Game Stores which is under South African retail giant Massmart has decided to bow out of business in Uganda. The company to this conclusion after failure to find local investors to buy it. Last year, this company announced plans to sell their Kampala stores in order to recoup the money before exiting the East African country but this has not ...
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Experts have called on government to enact laws to reduce on profit repatriation by multinationals. The development follows the announcement of the retail store Shoprite exiting Uganda after 21 years of service. Some experts even said firms like Shoprite have no legacy or tangible investments to talk about. Francis Muhiire, an economist at Makerere University Business School (MUBS). He said ...
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The Covid-19 task force had with immediate effect closed Forest Mall, Shoprite and Game Stores for failing to adhere to Covid SOPs. The deputy Resident City Commissioner (RCC) Nakawa, Herbert Anderson Burora directed this with immediate effect. Burora in letter says he had a discussion with the managers of this Forest Mall about the SOPs adherence but they registered no ...
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