Corporate earnings and results
Bank of Baroda posts its strongest first-half profit since at least 2018
Bank of Baroda Uganda’s first-half profit rose 24.4% to Shs91.3bn in 2026, the highest in its published statements since 2018
NSSF pays a record 22.53%, partly from gains it has not banked
NSSF's record payout nearly doubles last year's, and we explain where the Shs5.44tn came from and what it means for next year
NIC’s loss narrows as its insurance business shrinks
NIC Holdings swung to a Shs2.5bn underwriting loss in the first half of 2026 as revenue fell 15.9 per cent, with Cornerstone's takeover awaiting approval
Will NSSF’s Ayota finally upstage Byarugaba?
NSSF's preliminary numbers support a 14.5% interest rate. Beating Byarugaba's 15% record would cost little more. Will Patrick Ayota take the shot?
Uganda Clays swings to profit on improved efficiency despite rising finance costs
Uganda Clays posts a marginal 2025 profit as costs fall and production stabilises, though finance costs remain a drag
New Vision swings back into profit in first half
Vision Group returns to profit in its first half as production cost cuts outweigh a 4.2% revenue decline, with operating cash flow swinging sharply positive
Stanbic trading desk powers record profit
Stanbic Uganda Holdings posted its strongest profit growth in three years in 2025, led by a surge in trading income and compressed interest margins
New Vision warns of third straight year of losses
New Vision Printing and Publishing Company sounded the alarm on profits on Friday, blaming a drop in newspaper sales and advertising revenue, as well as higher operational costs
Dfcu profit weighed down by higher expenses
Dfcu Limited has reported its first annual fall in profits for the first half of the year in three years, due to increased operating expenses and provisions for bad loans at its largest subsidiary, Dfcu BankMore Corporate earnings and results
Mobile money, data drive MTN revenue growth in Q3
MTN Uganda's revenue for the first three quarters increased by 15.9% compared to the same period last year
New Vision slumps to its second annual loss
New Vision reported a sharp drop in earnings for the year ended June, dragged down by the poor performance of its recently added publishing revenue stream
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
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
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
Dfcu profit rebounds following drop in bad debt provisions
Prudent loan approach and lower bad debt provisions boost net profit at lender
Uganda Clays issues profit warning as product shortages hit results
Building materials company blames equipment breakdowns and challenging economic conditions for first-half woes
Growth bounces back in 2021 for Stanbic, but lending stalls
Stanbic Bank said trading gains from debt securities holdings fuelled its profits rebound last year, but a slowdown in economic activity weighed on other revenue streams
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
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
