Tag Archives: Deals

BUSTED! UBL Slapped with Shs2.5 Billion Fine for Dirty Business Tricks, Deals

enterance-to-uganda (1)

The Comesa Competition Commission has fined global beverages giant Diageo $750,000 (Shs2.5b) for engaging in anti-competitive business practices across Uganda, Eswatini, and Zambia. Diageo, the majority shareholder in East African Breweries Limited, was found to have breached regional competition laws by restricting trade and distorting market dynamics within Comesa.A 13-page ruling indicates that the Commission concluded that Diageo’s distribution and …

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