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Tag Archives: shares

DFCU nets Shs 9.6bn profit

DFCU Bank shareholders are hopeful that 2016 will be good following the release of their company’s half year 2016 un-audited financial statements, which have indicated a Shs 9.6 billion increase in profit compared to the same period last year. According to the financial performance for the first half of the …

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BATU profits down 50%

Sale of leaf business takes toll as Tobacco Control Act also gets set to bite By Patrick Kagenda In December last year, British America Tobacco Uganda (BATU) issued a public statement warning shareholders and potential investors that their profits would be significantly lower (by about 20%) than the previous year’s …

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NSSF’s stock market woes

  2015/2016 has not been a good year for investors in listed companies on the Uganda Securities Exchange (USE).  Given that the National Social Security Fund (NSSF) is the biggest holder of shares in locally-listed companies, there is anxiety.  Some 21% of NSSF’s total value is in equities, with 73% …

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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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