Skip to content
Uganda Business News
Menu
Home
Markets
Corporate earnings and results
Economy
Agriculture
Banking
Commodities
Infrastructure
Companies
List: Top 100 taxpayers
Top 100 Taxpayers
Mergers & Acquisitions
Movers & Shakers
Executive Profiles
Opinion
Energy, Oil & Gas
Property
Politics & Policy
Companies
Categories
Select Category
Art & Culture
Companies
Data
Digital Economy
Economy
Education
Energy, Oil & Gas
Health
Markets
Monthly Brief
Movers & Shakers
News
Newsletters
Opinion
Personal Finance
Politics & Policy
Press Releases
Property
Science & Technology
Travel & Tourism
Companies
Uganda Telecom hits back at MP Nandala Mafabi over critical report
Executives at Uganda Telecom Limited have hit back at claims that the telecom is poorly managed, unstable, and in free fall, insisting that it is going through a turnaround that is "pointing in the right direction."
November 18, 2016
Companies
Parliament to probe Uganda Telecom over “poor and unstable” management
A report tabled by the Nandala Mafabi, an FDC MP and former leader of opposition in parliament, said that in the last four years the telecom company "has continuously been on a freefall that has now reached alarming levels."
November 18, 2016
Companies
Markets
Trading in Umeme resumes after Actis exits stake
The suspension of trading in shares of Umeme Limited (UMEM) was lifted today at the Uganda Securities Exchange following the exit of former majority stakeholder, Umeme Holdings Limited, a subsidiary of the UK-listed private equity investor Actis.
November 16, 2016
Companies
Markets
USE to lift Umeme trading suspension on Wednesday
The Uganda Securities Exchange will lift the trading suspension on Umeme Limited this Wednesday, 16 November following the sale of the power utility's shares by its former majority stockholder, Umeme Holdings Limited.
November 14, 2016
Companies
Markets
NSSF increases Umeme stake to 23% as Actis unplugs from power distributor
The National Social Security Fund will become the majority shareholder in electricity distributor Umeme (UMEM) after agreeing to buy 121.82 million shares from Umeme Holdings Limited for Shs59.4 billion.
November 7, 2016
Companies
Markets
Umeme shares suspended as stockholder considers sale
The Uganda Securities Exchange on Friday approved an application by Umeme Limited to suspend trading in the power utility's shares until its largest stockholder sells off the stake it owns in the company.
November 4, 2016
Companies
Nakumatt says it is facing cash flow problems, seeks financiers
Nakumatt Holdings, the Kenyan supermarket chain with a presence in Kenya, Uganda, Rwanda, and Tanzania, said in a statement on Thursday that it is facing cash flow problems and is speaking to local and international financiers for a capital injection.
October 27, 2016
Companies
Atlas Mara, Crane Bank’s reported suitor, releases Q3 results; silent on bid
Atlas Mara, the financial services group that has been named as one of the possible buyers of Crane Bank, released unaudited 3rd quarter financial statements showing a 77.5% year-on-year drop in after tax profit for the nine months ended 30 September.
October 25, 2016
Companies
To increase newspaper sales, the Daily Monitor is not publishing all its articles online
For the last two or so weeks, the Daily Monitor has been delaying online publication of some of its print newspaper articles. In some cases, the content has been delayed for more than a week. The move is intended to prop up print sales.
October 25, 2016
Companies
Stanbic Bank follows BoU easing, cuts lending rate by 1%
Stanbic Bank is reducing its prime lending rate by 1% from 22% to 21% effective 1 December, a statement released by the lender said. This follows last week's reduction in the Central Bank Rate to 13%, the fourth consecutive rate cut this year.
October 24, 2016
Previous
1
…
18
19
20
21
22
…
24
Next