dividend Archives

Soumendra Sahu- Airtel's Managing Director who was appointed in October, 2024, has delivered strong performance underpinned by growing revenue from data.

Airtel Uganda Revenue hits UGX 1.07 trillion as net profit rises to UGX 197.2 billion in H1 2025

Airtel Uganda closed the first half of 2025 with another step up in scale and profitability, as data demand propelled revenue growth and a strong lift in earnings. Reported revenue rose to

August 28, 2025

Company News·The Big Story

Umeme Managing Director, Selestino Babungi. Umeme is yet to publicly articulate how it intends to return value to shareholders during this transitional period—whether through special dividends, share buybacks, or another mechanism. Without clarity, market confidence is likely to deteriorate further.

No Light at the End of the Tunnel: Chaotic Umeme Exit Leaves Investors Guessing In the Dark

Umeme Limited, once the crown jewel of Uganda’s stock market, has left shareholders bewildered and disappointed following a turbulent 2024 marked by a record loss, an unexpected dividend freeze, regulatory concerns, and

June 24, 2025

Legal & Justice·The Big Story

Soumendra Sahu, Airtel's Managing Director

Airtel to double investment in its data segment

Airtel’s Managing Director, Mr Soumendra Sahu has confirmed a plan to double Airtel’s investment in data, which will be a key priority this year and beyond, as the telco maintains an aggressive

March 22, 2025

Company News·Global News·News & Analysis·The Big Story

dfcu Board of Directors at the Annual General Meeting that at Hotel Africana on Thursday 11th, July 2024

dfcu Bank to pay final dividend of UGX 6.8 billion to shareholders in August as profits rise to UGX 34 billion

dfcu Bank is set to pay a final dividend of UGX 6.8 billion to its 3,851 shareholders by August 31st after the Board of Directors made a final approval at the Annual

July 13, 2024

Business & Markets·News & Analysis·The Big Story

Sylvia Mulinge, MTN Uganda Chief Executive Officer (left center) hands over a dummy cheque to Patrick Ayota NSSF Managing Director (right-center) of UGX39.7billion dividend payout from the telecom for the year ended December2023 while Kenneth Owera, NSSF Acting Chief Investment Officer (far right) and Andrew Bugembe, the MTN Chief Financial Officer(far right) look on. The event took place during a press briefing held on Thursday in Kampala.

NSSF savers reap UGX 80.6 billion dividends from MTN Uganda in three years

The National Social Security Fund (NSSF) has reaped a total of UGX 80.6 billion from its investment in MTN Uganda over the last 3 years, following payment of UGX 39.8 billion dividends for

July 4, 2024

Business & Markets·The Big Story