Ugandan billionaire Sudhir Ruparelia buys Old Mutual's Kampala building
Sudhir Ruparelia has bought Old Mutual's former UAP Insurance building on Kimathi Avenue in Kampala as the insurer sells off property across East Africa.
Old Mutual
Iain Williamson-led Old Mutual looks set to acquire South African insurer, Genric
The deal is still subject to regulatory approval.
Iain Williamson-led Old Mutual plans strategic acquisition in West Africa to deepen operations
Old Mutual is a pan-African investment, savings, insurance and banking group.
Kenyan businessmen Joe Wanjui and James Muguiyi sell UAP shares worth a total of $29.6 million
The transaction raised Old Mutual Holdings’ stake in UAP from 60.7 to 66.7 percent.
Vincent Rague steps in as chairman of UAP Old Mutual Group
Rague’s appointment comes after the board announced the retirement of its outgoing chairman, Joseph Barrage Wanjui.