loss Archives

Rueben Tumwebaze, Uganda Clays Managing Director

Uganda Clays sinks deeper into losses

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February 5, 2025

Business & Markets·East Africa·Global News·News & Analysis·Technology & Innovation·The Big Story

A photo collage of Uganda Airlines CEO, Jennifer Bamuturaki, and the Airbus A330Neo

Uganda Airlines records UGX 238 billion loss in operations

Uganda Airlines’ expansion plan to dominate the aviation industry has been met with financial hurdles after a new Auditor General’s report unearthed the Airlines’ performance for the Financial Year 2023/24 showing a

January 16, 2025

C-Suite Leadership·Destinations & Hotels·Global News·News & Analysis·The Big Story·Women In Leadership

SANDTON, SOUTH AFRICA: MultiChoice CEO Calvo Mawela during the listing of the company at the Johannesburg Stock Exchange (JSE) on February 27, 2019 in Sandton, South Africa. (Photo by Gallo Images / Business Day / Freddy Mavunda)

DStv’s MultiChoice Group technically insolvent after historical loss of USD 200 million in 29 years

South Africa’s MultiChoice Group, the parent company of DStv, has registered its worst financial performance in its history revealing a loss of ZAR 4.1 billion (USD 222 million) for the financial year that

June 13, 2024

Business & Markets·The Big Story