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Jubilee Health launches wellness initiatives to combat rising non-communicable diseases
Maisha FiTi provides support and guidance on physical and mental wellbeing, and is designed to meet the individual needs of each member
November 17, 2023
Companies
Mergers & Acquisitions
Uganda’s Sarrai buys Hima Cement from Swiss Holcim Group
Sarrai Group and another Ugandan company will own 100 per cent of Hima Cement and its Rwandan subsidiary once the transaction closes
November 16, 2023
Companies
Corporate earnings and results
Markets
Cipla Quality Chemicals warns 1H profit to drop
Drug maker says last year's rise in profit for the same period was the result of the recovery of a previously written-off trade receivable
November 15, 2023
Companies
Markets
Airtel stock subdued in debut week
Few takers for Airtel's shares despite no shortage of offers, as IPO investors looked to cash in their bonus stock
November 10, 2023
Companies
Mergers & Acquisitions
Olea Insurance expands into Uganda with Ballpark Insurance Group stake
Deal to buy Ugandan firm is latest move by French insurance broker to expand its African footprint, which now spans 25 countries
November 8, 2023
Companies
Nigeria’s Agusto affirms Shelter Afrique ratings, stable outlook
Nigerian rating agency affirms A (Kenya) and A+ (Nigeria) ratings to Nairobi-based Shelter Afrique Development Bank, which focuses on supporting housing and urban growth across the continent
November 7, 2023
Companies
Markets
Airtel IPO slim by Shs588.6bn
NSSF sole institutional investor in the offering, buying 52.75% of the available shares – and 96.9% of total shares sold
November 7, 2023
Companies
Movers & Shakers
Liquid Intelligent Technologies appoints Michael Mukasa as chief
Mr Mukasa replaces Dennis Kahindi, who joined Airtel Uganda in July
November 6, 2023
Companies
Corporate earnings and results
Mobile money, data drive MTN revenue growth in Q3
MTN Uganda's revenue for the first three quarters increased by 15.9% compared to the same period last year
November 2, 2023
Companies
Benchmark Solutions signs Shs43.8bn funding deal with Mbarara Makhan Singh Association to renovate market
The Shs43.8 billion loan will be used to transform the outdated market into a modern, seven-storey shopping centre
November 1, 2023
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