Tag Archives: Shareholders

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 …

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, …

Kampala, Uganda | THE INDEPENDENT | MTN Uganda shareholders are due to get their first dividends since the company listed on the Uganda Securities Exchange, with the register for those eligible closing June1. The shareholders will have their dividends paid on June 24, with each share earning the holder 4.706 shillings, …

Kampala, Uganda | THE INDEPENDENT | The Bank of Uganda insists its not yet safe enough for the banking industry to start paying dividends to their shareholders, two years since this was suspended. Following the outbreak of COVID-19 in 2020, the banking industry was given guidelines to survive the pandemic, and …

Shareholders with more than 12.5% shareholding to nominate a Director Equity Group Foundation to nominate a Director to the Board. Up to three Executive Directors to sit on the Board. Group to pay out 30% to 50% of its Profit After Tax as dividends to shareholders Nairobi, Kenya | THE …

Kampala, Uganda | THE INDEPENDENT | Uganda Clays Ltd, Uganda’s oldest clay building materials manufacture, has returned to making profit despite a slight decline in revenues in year ended December 2020, according to the financial statements.  The company reports that profit after tax for the period increased by 5639% to Ushs 4.9 …

Kampala, Uganda | THE INDEPENDENT  | Drug maker Cipla Quality Chemicals industries limited has issued a profit warning, informing shareholders and people who intend to buy its shares that it will record a loss for period between April to September, 2019. The company says this is due to low sales of …

Johannesburg, South Africa | THE INDEPENDENT | Barclays Africa Group Ltd shareholders have approved that the group changes its name to Absa Group Limited in July, setting in motion the start of one of the largest re-brand projects in Africa at this time. The group name change will not affect …