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Tag Archives: Bwiso

BATU marks 20 years on stock market

British American Tobacco Uganda, perhaps the country’s popular cigarette company on Sept.10, celebrated its 20th anniversary of its trading on the Uganda Securities Exchange. Kampala, Uganda | JULIUS BUSINGE | But the company has been in operation in the country for more than 90 years. Its share price has since …

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Bad start for Uganda’s stock market

Executives hope that the future is bright as listed entities post profits Kampala, Uganda | JULIUS BUSINGE | Companies trading on the Uganda Securities Exchange have opened the New Year with poor performance. Umeme, Quality Chemical Industries Limited (CQCIL) shares have fallen below the Initial Public Offering (IPO) price. This …

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Stock market boost

More accounts opened as players suggest ways of boosting market activity Kampala, Uganda | JULIUS BUSINGE | There is good news at the Uganda Securities Exchange. The latest market report shows that the number of depository accounts being opened is on the upward trend, signaling a growing interest by the …

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Stanbic’s new revenue stream

The bank is eyeing fin-tech, insurance, fund management and stock brokerage cash Kampala, Uganda | JULIUS BUSINGE | On April 10, Stanbic Bank might have given hope to its shareholders that they will earn more money in the near future estimated to be more than Shs300bn in net profit. The …

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THIS WEEK: USE unveils University Challenge

THIS WEEK: USE unveils University Challenge Kampala, Uganda |THE INDEPENDENT | Uganda Securities Exchange has unveiled the USE University Challenge in a bid to inculcate an investment culture among students in universities. The three month Challenge that will end in December seeks to give youth a platform to trade and …

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USE to demutualise, eyes listing

Kampala, Uganda | ISAAC KHISA | Uganda Securities Exchange has received approval from the Capital Markets Authority to demutualise within a period of one year, according to its Chief Executive Officer, Paul Bwiso. Bwiso said the new development means that the USE ceases to be a mutual entity limited by guarantees and …

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