
By Wilber Muhwezi Kasibante
www.mknewslink.com
In Bushenyi—
Shareholders of Igara growers Tea factory resolved to save their company in a crisis meeting held at Mary Karooro memorial stadium in Bushenyi town on Monday Oct. 19. 2026.
The meeting which was well attended by members from entire greater Bushenyi sub_region was convened by Mzee Eliab Muhoozi a former board member and strong tea farmer from Kyamuhunga area
Key Members ; Mr. Willis Bashaasha, Ronald Rwankangye, Agaba Tirikwendera and professors Tarsis Kabwegyere and Abel Mucunguzi as well as former board member Mr Muhangisa addressed the members.
They (members) resolved that Mzee Muhoozi leads a team of eminent farmers to meet president Museveni to save the business.
The second and last resolution is to acquire a court order to enable them conduct an extra ordinary general meeting and elect board members because currently they don’t have any.
IGARA growers Tea factory properties were advertised for sale this month by DFCU bank demanding 5billion. The sale of the factory properties will begin on 7th November 2026.
According to Agaba Tirikwendera and Ronald Rwankangye, the total debts at the factory is over 21billion. IGARA tea has two factories of Buhweju and Kyamuhunga and a lot of properties in greater Bushenyi
IGARA TEA FACTORY MEMBERS RESOLVE TO SAVE BUSINESS FROM SALE BY DFCU BANK OVER 5BN LOAN
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