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Vision Group names Don Wanyama as new chief executive
Vision Group has announced that Don Wanyama, the senior press secretary to the president, will take over as chief executive
April 14, 2021
Companies
Corporate earnings and results
Markets
Soaring loan-loss provisions lead to first profit fall in seven years at Stanbic
Decline in net profit, the first in seven years, follows strengthened provisions against losses from borrowers hit by the coronavirus
March 31, 2021
Companies
Corporate earnings and results
Markets
Umeme profits slide on suspension of free connections
Power distributor Umeme Limited on Tuesday blamed a "challenging operating and regulatory environment" for the sharp fall in 2020 profits
March 23, 2021
Companies
Corporate earnings and results
Markets
BAT Uganda profits rise sharply on lower operating costs
British American Tobacco Uganda reported its strongest growth in profits in three years as cost-cutting measures in response to the Covid-19 pandemic more than made up for the hit to cigarette sales
February 12, 2021
Markets
Why companies go public – and emerging offer trends
The IPO is the first part of a company going public; public companies can access the stock market to raise money from investors in exchange for the promise of future profits and returns
February 12, 2021
Companies
Corporate earnings and results
Markets
Cipla Quality Chemicals posts loss as exports decline
Cipla Quality Chemical's exports fell sharply, largely as a result of suspending sales to the government of Zambia following delayed payments, leading to a decline in revenue and the company's first loss since listing in 2018
June 12, 2020
Companies
Corporate earnings and results
Standard Chartered reports strongest profits since 2016
Standard Chartered Bank Uganda's net revenue for 2019 grew at its fastest in three years as interest income rebounded, driven by interest from loans and advances, and from investment securities
May 24, 2020
Companies
Corporate earnings and results
Absa profits rebound on lending income boost
Absa Bank Uganda Limited, formerly known as Barclays Bank of Uganda, returned to profit growth in 2019 on the back of stronger growth in lending income and a rebound in interest from trading securities
May 23, 2020
Companies
Markets
Cipla Quality Chemicals faces loss on Zambia debt
The drugmaker Cipla Quality Chemical Industries Limited faces a net operating loss for the year to March 2020 after a delay in payment of debt owed by the Zambian government, the company said in a profit warning
May 7, 2020
Companies
Markets
Coronavirus: NIC Holdings postpones results
NIC Holdings has said it is postponing the release of its 2019 results due to delays caused by the lockdown instituted to control the spread of the Covid-19 coronavirus
May 6, 2020
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