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Markets data
The shilling to hit Shs4000 against US dollar – Barclays Africa
The Uganda shilling will this July hit Shs4000 mark against the dollar, economists from Barclays Africa Group predict
June 22, 2018
Markets
Sudhir made Shs582 million from Stanbic last year
Sudhir Ruparelia, Uganda’s beleaguered tycoon, got upto Shs582million from his shareholding in the listed bank.
June 6, 2018
Corporate earnings and results
Centenary Bank 2017 profits drop 8.8%
Centenary Bank made a net profit of Shs100.3bn after tax in 2017, dropping 8.8% from the previous year’s Shs109.9bn
May 22, 2018
Corporate earnings and results
Finance Trust doubles net profit after a difficult 2016
Finance Trust Bank has reported a 131% increase in after-tax profit after a difficult 2016
May 19, 2018
Markets
International investment funds biggest winners in Umeme dividend payments
International investment funds – with the exception of the National Social Security Fund - will be the biggest earners from the Umeme Ltd dividend payout
May 18, 2018
Markets
Nine PE exits in Uganda in the last decade
The most publicly reported exit in Uganda was the 2016 Actis exit of Umeme. Actis invested in the power distributor in March 2005.
May 11, 2018
Companies
Corporate earnings and results
Markets
Uganda Clays sustains momentum, reports Shs2.39bn profit
Uganda Clays Limited has reported after-tax profit of Shs2.39bn, according to the audited financials released in the press on Friday.
April 27, 2018
Companies
Corporate earnings and results
Standard Chartered says restructuring is paying off as costs, and income, decline in 2017
Standard Chartered's financials for 2017 show a narrowing in profitability and revenue, following strong growths in 2016. But, in keeping with a statement released by its chief executive affirming the success of its restructuring plan, total expenses fell for the second straight year
April 27, 2018
Companies
Corporate earnings and results
Reflecting on 2017 in the banking sector
From preliminary results, total assets of the banking industry increased by 12% from sh23.7 trillion to sh26.5 trillion 2017. Additionally, all banks met the minimum regulatory capital adequacy last December
April 15, 2018
Companies
Markets
Stanbic best-performing bank in government securities for sixth year running
Stanbic Bank was recognised by the central bank as the best performing bank in Uganda government securities in 2017. This makes the bank the winner for the sixth consecutive year
April 11, 2018
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