Markets

MarketsPolitics & Policy

Uganda maintains top 5 ranking in Africa capital markets index

Uganda ranks behind investment gateways South Africa and Mauritius, and the continent's biggest economy, Nigeria
Photo taken outside the Johannesburg Stock Exchange
CompaniesMarkets

Airtel extends IPO closing date

Airtel Uganda has postponed the closing date for its initial public offering to 27 October from the original date of 13 October
An Airtel Uganda promotional poster at a hotel in Kampala in 2023
CompaniesCorporate earnings and resultsMarkets

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
A newspaper stand
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
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
Corporate earnings and results

Dfcu profit rebounds following drop in bad debt provisions

Prudent loan approach and lower bad debt provisions boost net profit at lender
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
MarketsPress Releases

Stanbic Uganda Holdings Limited: Director appointments

Stanbic Uganda Holdings Limited is pleased to inform its shareholders and the public of the appointment of Yinka Sanni and Mona Muguma Ssebuliba to fill causal vacancies as non-executive directors
Photo montage of Mona Muguma Ssebuliba and Yinka Sanni
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