Companies

Companies

‘Farming partnership’ firm, subject of recent regulatory notice, vanishes – reports

Capital Chicken, a purported 'contract farming' company that was the subject of a warning from the Capital Markets Authority last month has reportedly vanished
An image promoting an investment scam
HealthScience & TechnologyTechnology sector

Chatbots for health advice: three tips to avoid misleading information

What should you do if you're tempted to seek medical advice from ChatGPT, despite its ability to give false but convincing answers?
Person sleeping on a couch
CompaniesCorporate earnings and resultsMarkets

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
Head offices of the New Vision Printing and Publishing Company Ltd on First Street, Industrial Area, Kampala
CompaniesDigital Economy

Fintech startup raises seed funding to step up low-cost credit to farmers

Venture capitalists have provided $2.4mn to Emata, a Ugandan financial technology startup that provides low-cost digital loans to farmers through partnerships with cooperatives
CompaniesCorporate earnings and resultsMarkets

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
Manufacturing plant belonging to Uganda Clays Limited
CompaniesCorporate earnings and resultsMarkets

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
Two men holding a tobacco seedling
CompaniesMarkets

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)
Airtel Uganda's head offices in Bugolobi, Kampala
Companies

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
Umeme Limited's service centre in Jinja
CompaniesCorporate earnings and resultsMarkets

Uganda Clays issues profit warning as product shortages hit results

Building materials company blames equipment breakdowns and challenging economic conditions for first-half woes
Baked clay construction materials at a factory
CompaniesMarketsMovers & 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
A female bank executive speaks at a press conference
Previous 1…7891011…29 Next