The CMA says the licensed broker is Chipper Technologies Uganda Ltd The Capital Markets Authority (CMA) has said Chipper Cash International Ltd is not licensed or approved by the Authority as a stock broker contrary to some media reports. The CMA says it’s Chipper Technologies Uganda Ltd that was licensed
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Russian President Putin The significant escalation of the Ukraine-Russia conflict rattled equity markets and led to an increase in global oil prices, which likely had some risk premium already embedded. West Texas Intermediate and Brent crude oil prices both increased and are trading near, or above, $100 per barrel. The
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Don Wanyama, the Vision Group Chief Executive Officer Vision Group, Uganda’s largest media conglomerate, announced yesterday, that it had made UGX396.5 million in half-year profits, for the 6 months to December 2021. This is a 129% recovery from a loss of UGX1.37 billion registered in the same period in 2020. Although
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BoU Deputy Governor, Michael Atingi-Ego handing over the award of the best performing PDMM in Uganda Government securities during the period October 2020 to September 2021, to Standard Chartered Bank CEO/Managing Director , Albert Saltson Banks and market players transacted UGX 42.71 trillion in Secondary Market during the Period October 2020 –
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David Wandera, Absa Bank Uganda's Executive Director and Head of Markets Absa Bank Uganda Tuesday hosted selected journalists to an in-depth analysis of the financial markets ahead of the unveiling of the 2021 Africa Financial Markets Index (AFMI) report on Tuesday 25th January 2022. The training, led by David Wandera, Absa
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Exness, one of the biggest multi-asset brokers in the world, will continue to expand its presence in Africa in 2022. With a strong presence in Africa over the past year and an FSCA licence under its belt from the South African regulator, Exness’ strategic expansion plans will cover countries like
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Lawyer Male Mabirizi On 25th October 2021, an application was filed by Male H. Mabirizi Kiwanuka (the applicant) seeking judicial review orders against the Capital Markets Authority (CMA) decision to approve the MTN Uganda prospectus, in respect to its Initial Public Offer (IPO) of 4,477,808,848 ordinary shares to the public
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By Hassan Kitenda As an investor, venturing into the stock market can be exciting. Investing in shares is a great way to grow your wealth. You don’t even need to have a boatload of money to start investing in shares. A small investment, made consistently over a long period, cumulatively
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MTN Uganda CEO, Wim Vanhelleputte MTN Uganda’s Initial Public Offer is the biggest in the sense of Uganda’s stock market in many ways, including the fact that the company’s value is slightly bigger than the combined value of all the companies currently listed on the Uganda Securities Exchange. According to
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MTN Uganda CEO, Wim Vanhelleputte expects good public response to the share offer Over the next six weeks, investors will be able to apply for MTN Uganda shares after the Initial Public Offer (IPO) which was announced on Monday. With individual investments capped at 500 shares, each selling at 200 Shillings, the
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