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Profit warnings rattle nerves at USE in year of depressed financial performance

Low government spending, households in financial distress and struggling enterprises dominated Uganda’s economic landscape in the past year.

Nairobi areaCalvin batemeMubbale kabandamawa mugalyaSimon mwebazeNairobi securities exchangeUganda securities exchangeUmeme ltdWhile quality chemicals industriesMutual financial services ugandaSanlam investments uganda ltdUganda clays ltdQuality chemicals industries ltdPublishing company ltdCapital ltdNew vision printingQuality chemicals industries

Cipla s takeover by Capital Works stirs Uganda market

The acquisition took effect November 14, 2023 and the official name will revert to Quality Chemicals Ltd following the change in ownership.

Simon mwebazeAndrew muhimbiseMubbale kabandamawa mugalyaCipla india ltdCipla quality chemicals ltdSanlam investments uganda ltdCipla india ltd to africa capital worksUganda securities exchangeCipla quality chemicalsUganda national social security fundQuality chemicals ltdCipla quality chemical industries limited the companyCapital works ltdMutual financial services ugandaSouthern africa comesa competition commissionQuality chemicals limited

Investors show lacklustre interest in Airtel Uganda IPO

Airtel Uganda Ltd secured a new operating licence from the Uganda Communications Commission in 2021 valued at $70 million.

Joram onguraEdward ruyongaAndrew muhimbiseBharti airtelUganda ltdUganda securities exchangeUganda communications commissionAirtel uganda ltdSecurities ltdMutual financial services ugandaAirtel ugandaOld mutual financial services ugandaAirtel mobile moneyCapital limitedAirtel uganda ipoUganda forex

DETAILED: Step-by-step of How to Buy Shares in Airtel Uganda

The offer to buy shares in Airtel Uganda opened on August 30, 2023, and will close on October 13, 2023. The allocation will start on October 30, 2023.

Robert baldwinManoj muraliAirtel africaOld mutual financial services ugandaSecurities ugandaUganda securities exchangeNational identification numberDyer blair ugandaNational id numberChipper technologies ugandaUganda communications commissionAirtel ugandaUganda managing director manoj muraliPresident museveniCrested capitalOffer period

Umeme Limited posts $29m profit for first half of 2022

This was shaped by a decline in operating costs and the full reopening of Uganda’s economy in January following a pandemic lockdown.

Simon mwebazeDennis kakemboAndrew oyieMutual financial services ugandaEnergy practiceUganda securities exchangeUmeme limitedChief financeManaging partnerCristal advocatesElectricity connections policyGeneral managerOld mutual financial services ugandaBernard busuulwaHe eastafricanElectricity uganda

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