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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
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
Companies
Corporate earnings and results
Markets
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
Press Releases
Stanbic Uganda Holdings: Book closure and interim dividend payment
The Board of Stanbic Uganda Holdings Ltd approved and hereby declares a dividend of UGX 2.44 per share to be paid in respect of the interim dividend for the year 2023
September 6, 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
Markets
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
Press Releases
Bank of Baroda: Payment of final dividend for financial year ended 31 December 2022
The dividend for the 2022 financial year will be paid by 30 September 2023
August 29, 2023
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