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TodayTuesday, May 05, 2026

performance

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
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A photo collage of Japhet Aritho, Managing Director, Airtel Mobile Commerce Uganda Limited and MTN Mobile Money Managing Director, Richard Yego.

Uganda’s Fintech Rivalry: MTN MoMo Pulls Ahead in Size, Airtel Money Scores on Margins

In Uganda’s fast-evolving digital financial landscape, two telecom titans—MTN MoMo and Airtel Money—are locked in a high-stakes, trillion-shilling duel. Their battlefield? Mobile money. Their weapons? Revenue, reach, profitability, and performance. The recently
June 24, 2025
Embattled URBRA board chairman, Hon. Julius Bigirwa Junjura( Left), Board member, Hon. David Mutebi (middle) and State minister for General duties, Hon. Henry Musasizi( right) during the inauguration of the new URBRA board in November, 2022. In April,2025, the Court of Appeal dismissed an application by four URBRA board members to halt a High Court order, seeking to have them replaced because of lack of requisite competencies to hold their positions.

Auditor General Questions URBRA Board’s Capacity to Run Retirement Benefits Sector

Behind the gleaming figures of a clean financial audit and commendable regulatory performance, the Uganda Retirement Benefits Regulatory Authority (URBRA) is grappling with internal cracks. URBRA regulates a sensitive sector of the
June 16, 2025

 

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