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Uganda bourse mulls Airtel listing while MTN share price plunges on investor exits

Airtel is racing against time to comply with licence requirements to sell 20 percent stake by end of June 2022. ....

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Uchumi lands in trouble with Uganda regulator

Uganda is now banking on combined efforts of the Uganda and Kenya capital markets regulators to whip Uchumi into play by listing rules ....

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Uchumi lands in trouble with Uganda regulator

Uchumi lands in trouble with Uganda regulator
theeastafrican.co.ke - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theeastafrican.co.ke Daily Mail and Mail on Sunday newspapers.

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Cipla share price rises on $12m debt sale talks

The East African
Tuesday February 02 2021
Summary
Cipla is negotiating with the Pan-African Trade and Development Bank (TDB) to buy the $12 million Zambia debt.
When concluded, the credit-to-cash deal will give Cipla immediate cash flow, and cushion the company’s profits and the shareholder’s net worth from further erosion.
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Ugandan pharmaceutical firm Cipla Quality Chemicals shares have gone up 17.8 percent, to an average of Ush112 (0.030) per unit in the first three weeks of January, from Ush95 ($0.025) in July-August 2020.
Investment advisors attribute the rise of the share price to the drug maker’s remodelling of its business and planned discount of the Zambia debt. ....

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