Airtel Uganda, a leading provider of telecommunications and mobile money services, today presented a dividend cheque of UGX 50.3 billion to the National Social Security Fund (NSSF). This significant payout follows…
MTN Uganda has officially announced a landmark proposal to structurally separate its mobile money and fintech operations from the core telecommunications business, a move set to redefine the company’s financial…
Umeme Limited has officially declared a dispute with the government of Uganda over the buyout amount, signaling a potential legal proceeding, if the issue is not resolved within 30 days….
As Uganda’s largest telecom company, MTN Uganda is not only connecting millions of people to voice, data, and digital financial services but also delivering strong returns to its investors. In…
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 General Meeting held at Hotel Africana on Thursday this week. Speaking on behalf of the Board of Directors, Mr Jimmy Mugerwa, the Chairman Board said the bank upheld…
The I&M Bank Board Chairman, Mr. Suleiman Kiggundu has said, the Bank has a plan in motion to list on Uganda Securities Exchange, a move that is set to boost Uganda’s stock market since the listing of the two major telecoms in the last three years. “We hope to list in Uganda soon, we have listed in Rwanda and Kenya,”…
The shilling maintained a bullish stance trading below the new improved support of 3700. The unit recovered its losses ending the downtrend seen in the last couple of months. Market…
The Uganda shilling continued on its strengthening trend joining a global rally amid weakness of the dollar. In the local market there was a general slump in demand while supply…
