Ugandan pharma tycoon Emmanuel Katongole quits tax board after six months
Emmanuel Katongole, co-founder of Ugandan HIV drug maker Quality Chemical Industries, has resigned as chairman of Uganda's tax authority board after six months.
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Emmanuel Katongole, co-founder of Ugandan HIV drug maker Quality Chemical Industries, has resigned as chairman of Uganda's tax authority board after six months.
Uganda's Quality Chemical Industries has posted record full-year earnings of Shs 56.4 billion as the pharmaceutical manufacturer accelerates a major capacity expansion.
QCIL, chaired by Ugandan tycoon Emmanuel Katongole, has unveiled a new factory in Kampala, boosting Africa’s drug output and regional health self-reliance.
Uganda’s QCIL gets $36 million Stanbic loan for second pharma plant, aims to scale drug output and locally manufacture TB treatments for regional markets.
Pharmaceutical leader reports robust growth in revenue and margins.
East Africa’s healthcare industry, Katongole, holds a significant 2.79-percent stake in CiplaQCIL.
CiplaQCIL’s total assets have surpassed $64 million.
Katongole owns a 2.79-percent equity stake in the Uganda-based pharmaceutical company.
Katongole owns 2.79 percent of the company, or 101,933,042 ordinary shares.
Katongole owns 2.79 percent of the company, which translates to 101,933,042 ordinary shares.
CiplaQCIL is a pharmaceutical company based in Luzira, a suburb of Kampala, the capital city of Uganda.
The growth in his stake follows a rise in the shares of CiplaQCIL on the Uganda Stock Exchange.