Uganda, April 24 -- I&M Bank has reported a 105.4 percent increase in net profit to Shs11.5b for the year ended December 2023. The increase was largely due to higher interest earnings from loans and ... Read More
Uganda, April 19 -- Businesses in Uganda, primarily traders, are protesting the high cost of borrowing money to operate. Therefore, government has said the only way it can step in is by investing in ... Read More
Uganda, April 17 -- More than half of manufactured goods on the Ugandan market are substandard, according to the Uganda National Bureau of Standards (UNBS). In details contained in the Annual Report ... Read More
Uganda, April 15 -- After falling short of minimum paid-up capital for commercial banks, Guaranty Trust Bank has shifted attention to funding small and medium-sized businesses to shore up its balance ... Read More
Uganda, April 9 -- "Money comes and goes. But I'll never be in my 20's again," Catherine Najjuka, a 22-year-old Information Technology student who is finishing up her university degree, says. "This is... Read More
Uganda, April 5 -- Investors have long been number-crunching on the plausible returns they fetch from Uganda's private-equity investments. They are now holding back, forcing several local startups to... Read More
Uganda, April 4 -- Umeme's share price rose on the back of an increase in final year dividend by 22.4 percent to Shs78.2 per share. The counter, which remains one of the most active despite the expec... Read More
Uganda, March 27 -- Uganda's milk processing company, Maziwa, which owns the Lato brand, has received approval from the Comesa Competition Commission to merge its assets with a Kenyan milk processing ... Read More
Uganda, March 24 -- In an attempt to kill two birds (the dividend and the buyout) with one stone, investors have over the past fortnight methodically purchased billions of shares on the stock market i... Read More
Uganda, March 18 -- Ugandans wagered at least Shs2.1 trillion in sports and related bets in the halfway year to 2023, according to the National Gaming and Lotteries Regulatory Board. The amount is al... Read More