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New Vision slumps to its second annual loss
New Vision reported a sharp drop in earnings for the year ended June, dragged down by the poor performance of its recently added publishing revenue stream
October 12, 2023
Companies
Corporate earnings and results
Markets
New Vision warns of full-year loss, blaming weak post-pandemic recovery
The government-controlled media group warned it will post a net loss for the year to June because of the weak economic recovery from the Covid-19 pandemic
September 15, 2023
Companies
Corporate earnings and results
Markets
Uganda Clays swings to first-half loss as equipment failures hit sales
Buildings material company Uganda Clays swung to a first-half loss in the first six months of the year as “frequent machinery breakdowns” dented production and resulted in lower sales
September 1, 2023
Companies
Corporate earnings and results
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Sales slump impacts BATU’s first-half net profit
British American Tobacco Uganda said Friday that first half net profit fell 2.1 per cent from a year earlier, due to a decline in sales
September 1, 2023
Companies
Markets
Airtel plans to raise Shs800bn in IPO
Airtel Uganda Limited expects to raise as much as Shs800 billion ($215.2m) in an initial public offering, which would value the telecom at Shs4 trillion (nearly $1.1bn)
August 29, 2023
Corporate earnings and results
Dfcu profit rebounds following drop in bad debt provisions
Prudent loan approach and lower bad debt provisions boost net profit at lender
August 24, 2023
Companies
Corporate earnings and results
Markets
Uganda Clays issues profit warning as product shortages hit results
Building materials company blames equipment breakdowns and challenging economic conditions for first-half woes
August 18, 2023
Markets
Press Releases
Stanbic Uganda Holdings Limited: Director appointments
Stanbic Uganda Holdings Limited is pleased to inform its shareholders and the public of the appointment of Yinka Sanni and Mona Muguma Ssebuliba to fill causal vacancies as non-executive directors
August 18, 2023
Companies
Markets
Movers & Shakers
Kate Kiiza named Dfcu Bank executive director amid leadership overhaul
Leadership shifts continue at Dfcu Bank as Kate Kiiza takes on chief commercial officer role
August 15, 2023
Companies
Markets
Airtel Uganda to list shares on local bourse
Uganda's second largest mobile operator will list 8bn shares, representing 20 per cent of the company's stock, by 16 December 2023
August 9, 2023
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