Robert Kabushenga, the outgoing Vision Group Managing Director/CEO The Board of Directors of New Vision Printing and Publishing Company Limited has announced to Shareholders, Potential Investors, and the General Public that based on the preliminary assessment of the Company’s performance, the results of the Company’s earnings for the Half Year
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By Hassan Kitenda,CAIA Starting your own business can be a direful but gratifying process. While designing a great business plan is critical for founders, financing is one of the most important elements a company needs to succeed. Financing is needed to start a business and ramp it up to profitability.
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Mumba Kalifungwa, Managing Director, Absa Bank Uganda Absa Bank Uganda has been recognised by the Central Bank as the Best Performing Bank in Uganda Government Securities for December 2020. The award was established by the Central Bank recognising financial institutions for their successful participation in the trading of government securities,
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The home unit opened 2021 in a downward spiral, undermined by a surge in demand from major market players taking positions ahead of the national elections. The shilling inched down to trade in the range of 3675/85 during the week ending January 8, 2021.In the regional markets, the Kenya shilling slightly
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The Capital Markets Authority (CMA) has cautioned the public that the so called “gifting club” operating via social media is actually a pyramid scheme that is doomed to collapse and offer nothing in return to several participants. The prospective investors have been promised gifts worth sh2,000,000 which is 10 times their
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CMA Boss, Keith Kalyegira It’s been a year dominated by Covid-19, and its effects. Although 2020 has been a year to forget, there have been some stellar moments for the capital markets. The number of Ugandans saving for retirement has significantly increased, the Capital Markets Authority (CMA) industry report for
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Umeme and Stanbic were the most traded counters on the Uganda Securities Exchange (USE) at the end of November 2020 according to top officials on the bourse. Umeme traded 75 million shares worth sh17b, taking up 64.8% of total turnover, and 22% of total traded volumes. Stanbic bank traded
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The local currency was flat at close of week having eked out some previous gains as market players retreated in preparation of mid month tax payments. Trading remained in a narrow band of 3675/3685. In the fixed income market, it was a silent week in the absence of a primary
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The local currency traded with a mild bullish bias, gaining slightly on heightened interbank and corporate activity that saw the unit trading within a narrow range of 3690/3700 during the week ending December 4, 2020.In other domestic economic news, CPI data showed a slight drop in consumer inflation in November
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By Hassan Kitenda Money has been a pivotal factor for all human activity, the desire to earn money has been from time immemorial. In today's world we are given endless options, often making it difficult to decide what is best. For example, when it comes to investment, is it better
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