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Tycoon Karmali dismisses Uganda exit rumours despite sale of Acacia Mall

Business tycoon Alykhan Karmali has dismissed reports that he is selling off his investments in Uganda and relocating to Kenya and Dubai due to over-taxation and bullying by corrupt regulators. Instead the businessman, who is also the Executive Director of Mukwano Industries Limited, says he is looking to further expand and consolidate his business empire.  “This is […]

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