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Tag Archives: Uganda Securities Exchange

Uganda security exchange suspends Uchumi supermarket

Kampala, Uganda | THE INDEPENDENT | The bid for regional supermarket chain, Uchumi, has been dented by the decision to suspend its activities on the Uganda Securities Exchange, USE, for violating the rules of the game. The retailer recently launched a revival bid to reclaim the market it once led in …

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Stock market regulator to pocket UGX 1Bn from MTN listing

Kampala, Uganda | THE INDEPENDENT | The Capital Markets Authority expects to reap Non Tax Revenue of  1.15 billion Shillings from the listing of telecom giant MTN Uganda on the Uganda Securities Exchange. This was disclosed by the Chief Executive Officer of the authority Keith Kalyegira while appearing before the Finance …

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Cipla quality chemicals issues profit warning

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 …

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Stanbic suspends trading on Uganda securities exchange

  Kampala, Uganda | Julius Businge | Stanbic Bank Holdings Limited has suspended trading on the Kampala based Uganda Securities Exchange until further notice. In a notice signed by Paul Bwiso, the USE chief executive officer, circulated on April 01, said that the institution is undergoing reorganization through the formation of a …

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