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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
22 August 2024
Companies
Corporate earnings and results
Markets
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
16 August 2024
Companies
Corporate earnings and results
Markets
Stanbic Uganda’s annual net profit rose
Stanbic Uganda Holdings Limited said its annual net profit rose by 15.2 per cent and was mainly driven by its anchor subsidiary, Stanbic Bank Uganda
25 March 2024
Companies
Corporate earnings and results
Energy, Oil & Gas
Markets
Umeme writes off Sh432.9bn as end of service concession nears
Umeme wrote down Shs432.9bn in assets, an increase of Shs272.9bn from the previous year, to reflect the shorter remaining life of its power distribution concession, resulting in a sharp fall in profits
25 March 2024
Press Releases
Quality Chemical Industries Ltd: Resignation of Company Secretary
The board of Quality Chemical Industries Limited, wishes to inform shareholders and the general public of the resignation of the company's corporate secretary
1 March 2024
Press Releases
Announcement of changes to the board of Bank of Baroda (Uganda) Limited
Tyagi Lalit joins bank's board as non-executive director
7 February 2024
Companies
Markets
NIC Holdings warns on 2023 profits
Insurance company says it will report significant decline in earnings for the year to December 2023, blaming economy and costs of implementing new accounting standard
2 February 2024
Markets
Markets data
Uganda Securities Exchange weekly trade briefing
The Uganda Securities Exchange experienced a decline in trading volume in the third week of the year, although the value of shares traded by local listed companies increased
19 January 2024
Companies
Energy, Oil & Gas
Markets
Umeme issues profit warning, blames assets writedown
Accounting charge relates to the writedown of the utility's non-current intangible assets over the shorter of the remaining term of its distribution concession or their useful life
17 January 2024
Markets
Markets data
Uganda Securities Exchange Weekly Trade Briefing
Activity on the Uganda Securities Exchange was higher over the week, with more stocks active than in the previous week and the volume traded increasing
12 January 2024
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