MTN Uganda has announced a 29.6% year-on-year increase in profit after tax, totaling Shs 459.4 billion for the nine months ending September 30. The growth was largely attributed to exceptional performance in MTN Uganda’s data and fintech segments, aligned with the company’s commitment to digital and financial inclusion in Uganda. Service revenue grew by 20.1% […]
Airtel’s profits fall on higher costs and currency sting
Airtel Uganda reported a decline in profitability in the first half as costs, including access charges and content, outpaced revenues and unrealised foreign exchange gains dropped sharply. The telecom’s net profit was Shs153.2bn for the first six months, down 6.5 per cent from Shs163.8bn in the same period last year. Airtel’s operating profit, which excludes […]
Rwanda joins regional stock exchanges in data vending as trading income falters
East African stock markets are pursuing additional revenue raising prospects in data vending business to cushion against faltering trading incomes, linked to declining equity market performances across the region. Rwanda Stock Exchange (RSE) is the latest entrant into the business that the regional exchanges are viewing as an important source of revenue in turning around […]
How online trading platforms are transforming East Africa’s financial landscape
Online trading has brought in the possibility of new financial opportunities for East Africa, with digital solutions increasingly being implemented. The same platforms give users access to the globe’s leading markets today, thus allowing any trader to trade currencies, stocks, indices and a lot more ultimate ease of trading. Tools such as MT4 for PC are more […]
Airtel Uganda’s parent to offload extra 9.1pc stake
Airtel Uganda’s majority shareholder Airtel Africa is set to sell additional shares amounting to a 9.11 percent stake in a secondary offer to comply with a requirement to offload a minimum ownership of 20 percent to minority investors trading on the Uganda Securities Exchange (USE). The multinational in November 2023 managed to sell 4.35 billion […]
How KCB reclaimed position of East Africa’s most profitable bank
KCB Group, the largest lender in the region by assets, after posting four consecutive quarters of declining profits that culminated in the lender skipping dividend payment for the year 2023, beat market expectations in Quarter 1, 2024 announcing a 69 percent growth in net profit to Ksh16.06 billion ($122.59 million). With that, it reclaimed its […]
INVITATION TO STANIBIC UGANDA HOLDINGS LIMITED HYBRID AGM TO BE HELD ON 31.05.2024
Dear Shareholder, The Stanbic Uganda Holding Limited Hybrid AGM- comprising of a physical meeting at the Katonga Hall of Kampala Serena Hotel and via electronic means will be held on Friday, 31st May 2024 at 11:00 AM EAT. Registration closes on Thursday, 30th May 2024 at 5:00 pm. For support during the registration, process please […]
MTN UGANDA LIMITED HYBRID AGM
Dear Shareholder, The MTN Uganda Limited Hybrid AGM comprising of a physical meeting to be held at the Victoria Hall Serena Hotel, Kampala and via electronic means will be held on Wednesday, 22nd May 2024 at 10:00 AM EAT. Attached please find the AGM notice. The Audited Financial statements are available on the Company’s website www.mtn.co.ug
Bank of Baroda (Uganda) Limited (BOBU) AGM Notice
Dear Shareholder, We hope this finds you well. Attached is a copy of the Bank of Baroda (Uganda) Limited AGM Notice for the annual general meeting to be held on Thursday 06th June 2024 at 02:00 P.M. Physical meeting at Munyonyo Commonwealth Resort, Kampala. Please view the details and feel free to get back to […]
Umeme Limited AGM Notice
Dear Shareholder, We trust this email finds you well and safe. Please note the correct Venue for The Hybrid (comprising both physical and virtual) Annual General Meeting (AGM) of Umeme Limited will be held on Thursday 16th May 2024 at 10:00 AM at Serena Hotel, Kampala and via electronic platform. Note registration is now open and will close on Wednesday 15th […]
Gallery
Stay ahead in a rapidly world. Subscribe to Prysm Insights,our monthly look at the critical issues facing global business.
Finshares Investments increasing financial markets understanding in Uganda.
Gallery
© 2024 Marc Brands All rights reserved