Uganda stock market Archives

BAT Uganda Profit Falls to UGX 9.8b Amid Surge in Illicit Cigarette Trade

Paul MurungiBusiness & Markets Company News The Big StoryFebruary 26, 2026February 26, 2026

British American Tobacco Uganda’s (BATU) net profit declined by 5.3% to UGX 9.76 billion for the year ended December 31, 2025, down from UGX 10.31 billion in 2024, as falling…

NSSF stake in MTN Uganda hits UGX1 trillion

Muhereza KyamuteteraBillionaires Technology & InnovationFebruary 9, 2026February 9, 2026

MTN Uganda shares have staged a strong rally on the Uganda Securities Exchange (USE), delivering massive gains to its largest local investors in just eight weeks as the stock surged…

Who Is Jones Muhumuza, the Interim CEO Tasked with Steadying Uganda Clays?

Muhereza KyamuteteraThe Big StoryFebruary 1, 2026February 2, 2026

The appointment of Jones Muhumuza as Acting Managing Director of Uganda Clays Limited marks a decisive shift in emphasis at one of Uganda’s oldest industrial companies. Coming at a time…

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

Muhereza KyamuteteraBusiness & Markets The 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,…