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Tag Archives: Isaac Khisa

New improvement groundnut varieties to meet market demand

Since the 1920’s, Uganda’s research efforts have released 24 varieties, the recent commercial varieties being Serenut1-14 series Kampala, Uganda | Isaac Khisa | Ann Apio has been growing groundnuts in Serere district, approximately 200km north east of Uganda’s capital Kampala for decades but has always had to content with difficulty in …

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Sanlam unveils Income Fund

The product could be a solution for pension funds seeking to diversify their holdings Kampala, Uganda | ISAAC KHISA | Sanlam Investment East Africa has unveiled Sanlam Income Fund in a bid to raise more capital for various investments but also provide favourable returns to investors. This new product places …

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I&M Group profits up 33%

Orient Bank’s acquisition in Uganda expands its balance sheet by Shs753 billion Kampala, Uganda | ISAAC KHISA | Regional lender, I&M Group PLC has recorded 33% growth in profit after tax to Shs134.6billion for 2021 half year period ended June.30. Its net interest income grew by 28% to Shs 285.2 …

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No dividend for Cipla shareholders

The company’s trading price has tumbled to less than Shs100 per share, down from Shs 256.5 IPO level Kampala, Uganda | ISAAC KHISA | Shareholders of drug maker, Cipla Quality Chemicals Ltd will not earn a dividend for the second consecutive year even after reporting a more than 50% drop …

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dfcu profit after tax up 33%

Future performance will depend on economic recovery speed Kampala, Uganda | ISAAC KHISA | Profits at dfcu bank has increased by 33% in the first half of the year as it benefited from the rebound in the economy and surge in activities. Listed on the Uganda Securities Exchange, the lender …

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Ride on Parish Development Model to provide meals to learners-UDN

Kampala, Uganda | Isaac Khisa | Uganda government has registered some progress in the implementation of Universal Primary Education (UPE) but the high school dropout rate especially in the northern region due to lack of meals for learners is of concern. As such, the executives at Uganda Debt Network, a civil …

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dfcu Bank cuts dividend payout to Shs 13bn

Long serving board chairperson Elly Karuhanga retires in September Kampala, Uganda | ISAAC KHISA | dfcu Bank has cut dividend payout to its shareholders by 65.5% to Shs17.83 per share, equivalent to Shs 13bn for the year ended Dec.2020 to preserve more capital for any uncertainties that would occur owed …

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