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Tag Archives: dividends

Commercial banks resume payment of dividends

Kampala, Uganda | THE INDEPENDENT | Shareholders in banking service companies will in a month’s time start receiving dividends for their investments, for the first time since 2019. Stanbic Bank Uganda and Bank of Baroda will be the first to pay dividends to their shareholders, starting July 24th and August 4th, …

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No dividends for shareholders as Umeme concession uncertainty persists

Kampala, Uganda | THE INDEPENDENT | Electricity distributor Umeme has decided not to pay out any dividends to its shareholders despite the significant recovery in business over the last one year, according to the performance indicators. The unexplained decision comes amidst what the company calls uncertainty created by the delayed government …

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BATU hit by hard economic times

In recent years, shareholders of British American Tobacco Uganda (BATU) have come to always look forward to the first two weeks of May, the period when the company has traditionally held its annual general meeting. It has now become a guarantee that they must hear some really good news that …

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Use of ICTs can fetch farmers more dividends

By Ronald Musoke Judith Payne, the e-business Advisor at USAID in Washington has reminded agriculture-dependant countries like Uganda to harness the potential of Information Communication Technologies (ICTs) if their farmers are to improve their livelihoods. With about 70% of Ugandans believed to derive their livelihood directly from agriculture, Payne said …

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