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    Financial performance

    Uganda Clays’ CEO Reuben Tumwebaze Resigns After a Troubled 5 Years

    Muhereza KyamuteteraBusiness & MarketsThe Big StoryFebruary 1, 2026February 1, 2026

    The Managing Director of Uganda Clays Limited, Reuben Tumwebaze, has resigned, bringing to a close a nearly five-year tenure (March 2021–January 2026) defined by heavy capital investment, uneven operating results,…

    Equity Group Announces Strong Q3 2025 Results, Recording A 32% Growth In Profit After Tax Reflecting Strategic Transformation

    Brian EmorutCompany NewsNews & AnalysisOctober 31, 2025October 31, 2025

    Equity Group Holdings Plc has announced its Q3 2025 results, showcasing a robust performance driven by strategic transformation and resilience. The Group’s Profit After Tax surged 32% to Kshs 54.1…

    Ugandan Banks Post Record UGX 1.9 Trillion Profit as Customer Deposits Surge to UGX 41.6 Trillion-BoU Report

    Paul MurungiBanking & Financial ServicesThe Big StoryOctober 13, 2025October 13, 2025

    Uganda’s banking sector has cemented its recovery and resilience, posting a record UGX 1.9 trillion net profit for the year ended June 2025.  This was a nearly an increase of…

    EABL Defies Market Headwinds to Post Kshs 12.2 Billion Profit in FY2025, Declares Higher Dividend

    Muhereza KyamuteteraCompany NewsThe Big StoryJuly 31, 2025July 31, 2025

    East African Breweries PLC (EABL) has reported a solid full-year performance for the year ended June 30, 2025, posting a 12% jump in profit after tax to Kshs 12.2 billion,…

    Airtel Africa plc Releases Results for the Year Ended 31st March 2025

    Brian EmorutCompany NewsNews & AnalysisSponsored ContentMay 8, 2025May 8, 2025

    Operating highlights Financial performance 10.6% and data revenue growth of 30.5%. Mobile money revenue grew by 29.9% in constant currency. Capital allocation Sunil Taldar, chief executive officer, on the trading…

    MTN Uganda records double-digit increases in service revenue in 9 months

    Nelson NambooleNews & AnalysisNovember 4, 2022November 9, 2022

    MTN Uganda has remained resilient in the first nine months of 2022, navigating the prevailing tough macroeconomic conditions, to deliver double-digit service revenue growth in line with our medium-term guidance….

    MTN Uganda to pay an interim dividend as profits surge to UGX 292.7 billion

    Nelson NambooleNews & AnalysisNovember 3, 2022November 3, 2022

    MTN Uganda has declared an interim dividend of UGX 5.4 per share, a total of UGX 120.9 billion, after its net profit surges 21% to UGX 292.7billion for the nine…

    UDB releases impressive Q3 results, gross loans run to UGX1.18 trillion

    Nelson NambooleNews & AnalysisThe Big StoryOctober 28, 2022October 28, 2022

    Uganda Development Bank Ltd (UDB), the country’s national Development Finance Institution, has released its Quarter Three (Q3) of 2022 results highlighting solid growth as the Bank continues to facilitate economic…

    Airtel Africa Registers Double Digit Revenue Growth for half year ended 30 September 2022

    CEO ReporterNews & AnalysisThe Big StoryOctober 27, 2022October 28, 2022

    Airtel Africa has released half year ended 30 September 2022 results indicating double digit revenue growth by 12.9% in the first half and 12.7 for Q2,23. Constant currency growth rate…

    TOUGH START: New Vision’s Don Wanyama Announces Loss making position for Financial Year 2020/21

    CEO ReporterCompany NewsJuly 21, 2021July 21, 2021

    It’s a tough start for Don Wanyama as he announces that The New Vision Printing and Publishing Company is in a loss making position for the Financial year 2020/21. Wanyama…

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