Companies

Companies

Airtel Uganda Limited: Public Announcement

Notice is hereby given that on 22 May 2025, the Board of Directors of Airtel Uganda Limited approved and declared an interim dividend of Shs74bn, representing Shs1.85 per share for the quarter ended 31 March 2025
Airtel Uganda's board chair Hannington Karuhanga rings the opening bell with other officials and guests during the company's listing on the Uganda Securities Exchange in Kampala on Tuesday
CompaniesScience & Technology

Quality Chemicals secures $36mn funding from Stanbic Bank to expand production

Quality Chemical Industries Limited, the pharmaceutical company, has secured a $36mn debt facility from Stanbic Bank Uganda for the construction of a second manufacturing facility
Two men signing a host of financing documents
CompaniesMovers & Shakers

Phillip Madinga to replace Anne Juuko as Stanbic Bank CEO

Stanbic Bank Uganda, the country's largest bank by assets and profitability, is expected to announce the head of Standard Bank Malawi, Phillip Madinga, as its new chief executive
Phillip Madinga, currently chief executive of Standard Bank Malawi, is expected to be announced as the new head of Stanbic Bank Uganda, replacing Anne Juuko
CompaniesCorporate earnings and resultsMarkets

Airtel’s profits fall on higher costs and currency sting

Airtel Uganda reported a decline in profitability in the first half as costs, including access charges and content, outpaced revenues and unrealised foreign exchange gains fell sharply
Airtel Uganda's head offices in Bugolobi, Kampala
OpinionTechnology sectorWork & Careers

The challenges of delivering large-scale IT projects on time and on budget, and how to overcome them

Most large IT projects are delivered late and over budget, underscoring the need for smart planning and management
Seven-week sprint plan/roadmap for a tech startup on a whiteboard
CompaniesEconomy

Private sector activity expands at fastest pace in more than a year

Uganda's private sector activity grew at the fastest pace in 14 months in August, pointing to rising demand as the country's economic recovery gains momentum
This photograph shows four women picking tea on a plantation in Uganda. The woman furthest from the camera is leaning forward, her face visible in the frame. She is laughing and appears to be chatting with her colleague. Two of the women are carrying baskets into which they are picking the tea, while one is picking into a sack.
CompaniesCorporate earnings and resultsMarkets

Dfcu profit soars 40% after bank releases loan loss reserves

Profits at Dfcu Limited rose more than 40 per cent in the first six months, but the company, which derives most of its revenue from Dfcu Bank, reported a fall in income
Dfcu Towers at Plot 26, Kyadondo Road, Kampala
CompaniesCorporate earnings and resultsMarkets

Stanbic traders boost profits

Uganda's largest bank reported a strong increase in first-half profits despite monetary tightening, as its traders posted their best performance in three years and credit quality improved
Standard Bank Group's headquarters in Johannesburg
CompaniesEconomy

Business activity edges higher in July

Uganda's private sector grew at a faster pace in July as output and new orders picked up for the fourth month running, according to a closely watched business survey
An overhead view of Kikuubo, Kampala's busiest market
CompaniesEnergy, Oil & Gas

TotalEnergies buys stake in Bujagali hydropower plant

TotalEnergies agreed to buy a minority stake in the Bujagali hydropower project from Norwegian energy company Scatec
An overhead picture of the Bujagali hydropower plant on the Nile River near Jinja
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