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Stanbic profits in 2018 rise on recovery in interest income
Stanbic Bank Uganda said on Thursday that its profit in 2018 increased on a recovery in interest income, mainly driven by a rise in customer loans
Umeme revenues flat but books Shs132bn profit as it returns to ‘normal’ curve
Uganda's power distributor Umeme bounced back from a regulatory clause that suppressed earnings in the previous year to post a net profit of Shs132 billion for the full financial year ended December 31, 2018, the firm has reported in its latest earnings report
Profit growth slows at British American Tobacco amid falling sales
In 2018, three years after a major restructuring that dragged the company's profits down in 2015 and 2016, British American Tobacco Uganda continued to grow revenue and profit, though at a slower pace than in the previous year
BAT Uganda’s half-year profits rebound on lower costs
British American Tobacco Uganda, the country's biggest cigarette importer and distributor, posted a bounce back in its half-year profits following the regularisation of its costs.
Cipla Quality Chemicals to list on Uganda Securities Exchange in September
Cipla Quality Chemical Industries Limited, controlled by the Indian pharmaceutical giant Cipla Limited, will become the eighth domestic company to list on the Uganda Securities Exchange next month, according to a preliminary prospectus
Dfcu, Arise deny reports that major shareholders are exiting
Dfcu Limited and its wholly owned subsidiary, Dfcu Bank, have denied rumours that its two largest shareholders are seeking to sell their stakes in the company, which is listed on the Uganda Securities Exchange
Sudhir made Shs582 million from Stanbic last year
Sudhir Ruparelia, Uganda’s beleaguered tycoon, got upto Shs582million from his shareholding in the listed bank.
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.
Crested Capital named Broker of the Year on USE exchange
Crested Capital, the brokerage firm, was awarded the “Broker of the Year” award at the Uganda Securities Exchange 20th anniversary celebrations for its strong performance in the deals and volumes contributed to the exchange in 2017 according to market statistics generated from the Automated Trading System
Crane Bank was bankrupt when taken over by BoU: Kasekende
Bank of Uganda's deputy governor Lois Kasekende says the successful resolution of Crane Bank in January 2017 is the main reason for the improvement in financial soundness indicators of the banking system last year








