Majestic Brands Limited
Overview
Majestic Brands Limited (MBL) is a limited liability company established by the Buganda Kingdom to undertake innovative and competitive activities, aiming to harness the Buganda Brand for the benefit of its people. As a subsidiary of Buganda Investments & Commercial Undertakings (BICUL), the Kingdom’s holding company, MBL is mandated to improve existing products and services and design new ones that generate revenues for the Kingdom and employment for its people. This is achieved through various initiatives, including the Annual Development Fund, Buganda Brand Shop, and Sponsorships & Partnerships. One of MBL's notable ventures is the production and distribution of Ngule beer, made from locally sourced ingredients like cassava and sorghum. In December 2022, MBL extended its partnership with Uganda Breweries Limited (UBL) to manufacture Ngule, the Kingdom’s official beer. This collaboration supports local farmers by sourcing ingredients through UBL’s Local Raw Materials Program and contributes to the Kingdom's revenue through a revenue-sharing agreement. Since its launch, Uganda Breweries has paid royalties worth over UGX 1.062 billion (approximately US$288,000) to the Kingdom, per contractual obligations. Through these initiatives, Majestic Brands Limited plays a pivotal role in facilitating economic empowerment and self-sustainable development within the Buganda Kingdom, aligning with its mission to build a relevant Kingdom that serves its people.
Investment Focus
- Alignment with Buganda Kingdom's economic, social, and cultural programs
- Focus on innovative and competitive activities
- Support for local communities and employment generation
Portfolio Companies
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Unlock full contacts →Frequently asked questions about Majestic Brands Limited
What sectors does Majestic Brands Limited invest in?
Majestic Brands Limited invests in Agriculture, Food and Beverage Manufacturing and Beverages, and is based in Kampala, Uganda. Majestic Brands Limited is listed as a corporate vc in the ConnectSafely investor database.
What stage does Majestic Brands Limited invest at?
Majestic Brands Limited backs companies at Early Stage, Growth and Late Stage.
Which regions does Majestic Brands Limited invest in?
Majestic Brands Limited invests across Uganda.
Who are the partners at Majestic Brands Limited?
Team members listed for Majestic Brands Limited include Remmie Kisakye (Chief Executive Officer) and Jacqueline Najjuma (Head Partner Relations).
What companies has Majestic Brands Limited invested in?
Majestic Brands Limited's portfolio includes Ngule Beer.
How do I contact Majestic Brands Limited?
Majestic Brands Limited's contact details — including LinkedIn — are listed in the ConnectSafely investor database, along with its website and the LinkedIn profiles of its partners.
Last updated · Source: ConnectSafely investor database
