The company expects continued double-digit growth in service revenue, supported by rising smartphone adoption, fintech expansion, and a favourable economic environment Kampala, Uganda | THE INDEPENDENT | MTN Uganda Ltd has announced a second interim dividend of Shs 10.5 per share, representing a 40 percent increase from the previous payout. The …
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dfcu FY2024 Highlights: 151% growth in profit after tax to UGX 72.1 billion 9% growth in Total Assets, reflecting strong performance and strategic growth initiatives Improved asset quality and capital adequacy, ensuring continued support for Uganda’s key economic sectors Kampala, Uganda | THE INDEPENDENT | In recognition of its strong financial …
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The company’s service revenue surged by 20.4% to Shs 1.5 trillion, supported by an increase in mobile subscriber numbers, which now stand at 20.7 million. Kampala, Uganda | THE INDEPENDENT | MTN Uganda is set to pay shareholders an interim dividend of Shs 6.6 per share, amounting to Shs 147.8 billion, …
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Illicit cigarettes remains a big headache the tobacco distributor in Uganda Kampala Uganda | JULIUS BUSINGE | Shareholders of British American Tobacco Uganda Limited will receive Shs 8.9 billion as dividend, equivalent to Shs 181 per ordinary share, following approval at the 24th Annual General Meeting held at Sheraton Kampala Hotel. …
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The telecom company paid Shs1.1 trillion to URA in tax revenues compared to Shs 927bn in the previous year as a contribution to the country’s fiscal and economic development goals Kampala, Uganda | THE INDEPENDENT | MTN Uganda shareholder are set to earn a record dividend of Shs 403 billion for …
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Kampala, Uganda | THE INDEPENDENT | Shareholders of Stanbic Uganda Holdings are set to receive up to 280 billion shillings in total dividends payout for the year ending December 2023. This is a record-high payout, and it is 45 billion shillings higher than last financial year’s payment. The payment arises from …
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Kampala, Uganda | THE INDEPENDENT | Shareholders of Uganda Clays Ltd will get half a shilling for every share they hold, as a return on their investment for the year ended December 2022. In the Post Annual General Meeting notice issued to the markets Tuesday, the company secretary, Lex Advocates, …
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The company continues to focus on maintaining business continuity, enhancing production capacity and product quality Kampala, Uganda | THE INDEPENDENT | Uganda Clays shareholders will earn Shs 450 million or Shs 0.5 per share as dividends due to a 59% drop in profit after tax for the year ended December 31, …
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Kampala, Uganda | THE INDEPENDENT | MTN Uganda has proposed to pay a final dividend of Shs 123bn or Shs 5.5 per share to shareholders following double-digit growth in profits for 2022. The annual financial results show that the Uganda Securities Exchange-listed firm recorded a 19.3% growth in profit after tax …
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Nairobi, Kenya | THE INDEPENDENT | The Board of Directors of Equity Group Holdings Plc, the largest bank on the Nairobi Securities Exchange by market capitalization, has withdrawn its recommendation of a Ksh. 9.5 billion ($88 million) dividend payout to its shareholders. According to a statement, Equity states that “the …
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The Independent Uganda: You get the Truth we Pay the Price
