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Umeme’s revenues rebound, profit takes a hit from write-off
The company announced a dividend of Shs24 per share to be paid by 29 February 2024
August 21, 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
Companies
Corporate earnings and results
Energy, Oil & Gas
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Umeme returns to revenue and profits growth
Umeme Limited pointed to an increase in electricity sales and customer connections as the power distributor returned to year on year revenue and profits growth in 2021
March 28, 2022
Companies
Corporate earnings and results
Markets
MTN boosted by data and mobile money
Uganda's largest telecom company MTN Uganda reported a gain in full-year profit on the back of a jump in data revenue and moderated growth in operating expenses
March 7, 2022
Companies
Corporate earnings and results
Markets
BATU profit drops for first time in five years
British American Tobacco Uganda, the cigarette distributor, reported a drop in after-tax profit last year amid "an exceptionally challenging operating environment" as weak consumer spending and "illicit trade" hit its sales
February 25, 2022
Companies
Corporate earnings and results
Markets
New Vision swings back to half-year profit on government contracts
New Vision Printing and Publishing Company returned to profitability in the second half of 2021 as contracts from the government to publish educational materials and textbooks boosted revenue
February 23, 2022
Companies
Markets
New Vision’s shares resume trading
Shares in New Vision resumed trading on Tuesday after the Uganda Securities Exchange said it had concluded a probe into suspicious trades that led to a "sporadic" drop in the stock's price
February 22, 2022
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