Tag Archives: Isaac Khisa

System provides Africa with greater capacity to conduct cross-border transactions, expand opportunities Kampala, Uganda | ISAAC KHISA | Pan-African multilateral lender, African Export-Import Bank and the Secretariat have rolled the Pan-African Payment and Settlement System (PAPSS), revolutionalised financial market infrastructure to enable instant, cross-border payments in local currencies between African …

The company’s share price has tumbled from Shs 256.5 during the IPO period to less than Shs100 Kampala, Uganda | ISAAC KHISA | Cipla Quality Chemical Ltd is considering widening its product portfolio as part of its new strategy to improve its fortunes in the medium term. The company has …

Insurance penetration remains one of the lowest among its peers in the East African region Kampala, Uganda | ISAAC KHISA | Insurance firm, GA insurance, has unveiled a new medical cover for senior citizens up to 80 years. Its Managing Director, Francis Kamau said, the health policy dubbed Graysure will …

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 …

Finger millet and sorghum to be harnessed for genetic resources for increased productivity and utilization  Kampala, Uganda | Isaac Khisa | Finger millet and sorghum are the major crops grown and adapted to the semi-arid region of East Africa providing food, feed and income to the population but they have been …

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 …

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 …

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 …

The utility company saw its net profit more than double to Shs48.2bn Kampala, Uganda | ISAAC KHISA | Lack of clarity on renewal of Umeme’s operating licence in 2025 is limiting its ability to raise more capital and make capital investments in the electricity distribution network. The utility company, which …

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 …