NSSF Uganda

Markets

NSSF buys 10.55% stake in Airtel as part of IPO

Government-run pension fund NSSF will take 10.55 per cent stake in Airtel Uganda as part of the telecom's Shs800bn flotation
Worker's House, the headquarters of the government-run National Social Security Fund, in Kampala
CompaniesCorporate earnings and resultsMarkets

Uganda Clays returns to full-year profit in 2016

Uganda Clays returned to profitability in 2016, according to its results for the period, reversing a loss in 2015 that arose from interest payments on a shareholder's loan
Manufacturing plant belonging to Uganda Clays Limited
Markets

NSSF wins pan-African infrastructure investment award

The National Social Security Fund (NSSF) Uganda has won the Africa Pension Fund Infrastructure Investment Initiative of the Year Award, ahead of other pension funds on the continent.
Markets

Retail sale of Umeme shares from Actis exit opens; closes 6 December

A total of 37,349,155 ordinary shares of Umeme Limited were on Friday opened to retail investors on the Uganda Securities Exchange at a discounted price of Shs488 per share.
CompaniesMarkets

Trading in Umeme resumes after Actis exits stake

The suspension of trading in shares of Umeme Limited (UMEM) was lifted today at the Uganda Securities Exchange following the exit of former majority stakeholder, Umeme Holdings Limited, a subsidiary of the UK-listed private equity investor Actis.
CompaniesMarkets

USE to lift Umeme trading suspension on Wednesday

The Uganda Securities Exchange will lift the trading suspension on Umeme Limited this Wednesday, 16 November following the sale of the power utility's shares by its former majority stockholder, Umeme Holdings Limited.
Electricity pylons
CompaniesMarkets

NSSF increases Umeme stake to 23% as Actis unplugs from power distributor

The National Social Security Fund will become the majority shareholder in electricity distributor Umeme (UMEM) after agreeing to buy 121.82 million shares from Umeme Holdings Limited for Shs59.4 billion.
EconomyPolitics & Policy

Invest in agriculture to get economy back on track, leaders say

Political and business leaders believe that with recent reports of Uganda’s economic downturn, more government attention to agriculture - which employs most Ugandans - and increased investment in the sector will spur growth.
CompaniesMarkets

Uganda Clays MD on NSSF debt and turnaround strategy

Uganda Clays managing director, George Inholo is so confident of the roofing tiles maker’s prospects that he is not anxious about NSSF's recent decision not to turn all of its debt to equity. The company finally turned a profit in the first half of this year.
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