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Corporate earnings and results
Cipla Quality Chemical Industries first-half profit falls on rising expenses
Cipla Quality Chemical Industries posted a 74.3 per cent fall in its net profit for the six months to September 2023, despite growth in sales, as expenses increased
November 20, 2023
Markets
Uganda Securities Exchange weekly trade briefing
Shares worth Shs216.9 million of locally listed companies were traded on the Uganda Securities Exchange in the trading week to Friday, surpassing last week's total of Shs141.7 million
November 17, 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
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
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
Markets
NSSF buys 10.55% stake in Airtel as part of IPO
Government-run pension fund NSSF will take 10.55 per cent stake in Airtel Uganda as part of the telecom's Shs800bn flotation
October 27, 2023
Companies
Markets
Airtel doubles incentive shares for IPO investors
Airtel Uganda has increased the number of bonus shares on offer to investors in its initial public offering on the Uganda Securities Exchange, days before the listing closes
October 25, 2023
Markets
Politics & Policy
Uganda maintains top 5 ranking in Africa capital markets index
Uganda ranks behind investment gateways South Africa and Mauritius, and the continent's biggest economy, Nigeria
October 16, 2023
Markets
Airtel extends IPO closing date
Airtel Uganda has postponed the closing date for its initial public offering to 27 October from the original date of 13 October
October 13, 2023
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