Uganda Securities Exchange
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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
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
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
USE halts trading in New Vision securities
The Uganda Securities Exchange has halted trading in the securities of New Vision, the media group, so it can investigate recent trading of the stock that led to a fall in its price
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
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
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
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
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
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








