CiplaCQIL was listed on the bourse in 2018 A new investor, Africa Capitalworks SSA 3, is set to acquire majority stake in Cipla Quality Chemical Industries Ltd (CiplaCQIL). In a statement dated 15 March 2023 and signed off by the Company Secretary, the Company reveals that on 14 March 2023,
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MTN Uganda Pays Shs447.5bn In Dividends In First Year As A Publicly Listed Company
Sylvia Mulinge, the Chief Executive Officer at MTN Uganda. MTN Uganda has today marked its first anniversary as a publicly listed company, trading its shares on the Uganda Securities Exchange (USE). On 6th December 2021, the company executives and its representatives marked a milestone by ringing the bell on the
Read MoreHousing Finance Bank Launches An Online Gov’t Securities Portal That Allows Customers To Invest On The Go, The 1st Of A Kind In Uganda’s Banking Industry
Housing Finance Bank stakeholders in a group photo to commemorate the launch of Government Securities Portal Housing Finance Bank Tuesday officially launched its Government Securities Portal with a campaign dubbed” Invest On The Go”. The launch took place at Mestil Hotel and Residences, Kampala. The online portal, which is housed
Read MoreYona Kanyomozi Veteran politician Yona Kanyomozi has died. Kanyomozi died on Sunday at Nakasero Hospital. Jimmy Akena, the Uganda People's Congress (UPC) President, confirmed Kanyomozi’s death to Uganda Radio Network (URN) saying that more details will be availed. Kanyomozi, 82 has previously served in different capacities as Minister, Member of
Read MoreThe lengthy vote counting process in Kenya is making the whole election period longer than it has been expected and hoped before, and this is influencing the activities in the financial markets. The business community in the region as a whole has been waiting for the end to the
Read MoreUganda Securities Exchange Speaks Out On Reported Personal Data Leak From Its Servers
Trading taking place at the bourse/ Courtesy photo Uganda Securities Exchange (USE/ “The Exchange”) has spoken out on the allegations of a data breach from its servers; specifically allegations of the leakage of personal data from the USE Easy Portal. In a statement dated June15, 2022, USE says based on a
Read MoreDon 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
Read MoreDon Wanyama, the Vision Group Managing Director/CEO The Board of Directors of New Vision Printing and Publishing Company Limited has issued a profit warning informing 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
Read MoreThe newly upgraded Gulu substation. Umeme has invested massively in infrastructure The Board of Directors of Umeme Limited have issued a profit warning, informing the shareholders of the Company, prospective investors, and the general public that based on the assessment of the Company’s performance for the year ending 31st December 2020, it
Read MorePaul Bwiso, the USE CEO The Uganda Stock Exchange (USE) has launched a new electronic account opening system for investors aimed at dematerializing operations for a more efficient and faster automated settlement under a new central depository and automated system. Speaking at the virtual launch on Tuesday, Paul Bwiso,
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