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Multiple taxation, poor infrastructure frustrating businesses, stakeholders tells FG – The Sun Nigeria
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DigitalBridge to Participate in TD Cowen 9th Annual Communications Infrastructure Summit in August 2023
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By Isaac Khisa | The Independent UG Published: April 06, 2021 11:19 PM
Kampala, Uganda | ISAAC KHISA | 2020 was a tough year in almost all fronts: public health, production, new orders, employment, and demand, among others. The once growing economy contracted and interest rates took a deep dive as coronavirus cases surged.
However, the dividends set to be paid to shareholders seem to be more than expected as evidenced by the annual performance announcements by some of the country’s commercial banks that have released their results.
Stanbic bank, for instance, has proposed a dividend of Shs 1.86 per share, equivalent to Shs 95billion for the year ended Dec.2020. This, however, is below the Shs 2.15 per share, equivalent of Shs110bn, paid in the previous year.