Capital Markets Authority
Aliko Dangote
Dangote refinery IPO cleared for Ugandan professional and high-net-worth investors
Ugandan investors can take part in Dangote's refinery IPO only through SBG Securities Uganda, and the offer cannot be marketed to the general public, the regulator says
Platinum Credit
Platinum Credit draws Shs49bn of bids for Shs20bn of notes
Platinum Credit took Shs30bn of the Shs49.28bn bid for its notes, accepting less than half of the bids for its five-year and eight-year series
Capital Markets Authority
Bujagali Energy CFO and BoU board member appointed head of Capital Markets Authority
Josephine Ossiya, chief financial officer of Bujagali Energy Limited, has been named the new CEO of the Capital Markets Authority
‘Farming partnership’ firm, subject of recent regulatory notice, vanishes – reports
Capital Chicken, a purported 'contract farming' company that was the subject of a warning from the Capital Markets Authority last month has reportedly vanished
Cipla Quality Chemical Industries to list 31.1% stake in IPO — report
Cipla Quality Chemical Industries Limited, the drugmaker, will list 31.1% of its stock on the Uganda Securities Exchange in its initial public offering, which is still awaiting the regulator's approval.
National Social Security Fund
Why Uganda must expedite pension reforms
It is essential for Parliament to consider reforms in our national pension laws if Ugandans are to retire - assured of a respectable pension that keeps them financially independent of their relatives
Cipla Quality Chemical Industries explores IPO
The drugmaker said in a statement that its board is evaluating an initial public offering as part of the company's growth strategy, and has appointed a book runner to manage the process.
CMA approves CIC Insurance shares offer to Saccos and cooperatives
The insurer is seeking to raise Shs7.25 billion in a public offering that will run to 14 April, 2017. It is offering 724,900 ordinary shares at Shs10,000 per share to Ugandan saccos and cooperatives.
Coming soon to Uganda’s stock market: Real Estate Investment Trusts
In about two months, Uganda's stock market will be able to list a new security that makes it possible for institutions and individuals to invest in real estate, and earn high dividend yields that are exempt from taxation.More Capital Markets Authority
18 October 2016
CIC Insurance aims to raise Shs7.25bn in share offering to cooperatives and saccos
CIC Africa Insurance (Uganda) Ltd is offering 724,900 shares to cooperatives, unions, and savings and credit cooperative societies based in Uganda, the insurer said in a statement. The ordinary shares will cost Shs10,000 each.
3 September 2016
New securities exchange gears up for trading
ALTX East Africa, a new securities exchange that launched on 13 July this year, has not yet started trading as it “finalises one or two things,” Joseph Kitamirike, the exchange’s Chief Executive Officer told Uganda Business News.