Tag Archives: USE

Kampala, Uganda | THE INDEPENDENT | Airtel Uganda Ltd shares commenced trading on the Uganda Securities Exchange this week amidst concern over the apparent lack of interest by Ugandans in investing in equities. The company’s Initial Public Offer attracted a 54.45 percent subscription, a sharp contrast with the IPOs of …

Kampala, Uganda | THE INDEPENDENT |  Airtel Uganda Ltd, the mobile telecommunications company, has closed its public offer of shares with a subscription rate of 54.45 percent. Trading of shares on the Uganda Securities Exchange (USE) started today at 9.30 am. It will be the 11th local listed company on the …

Banking entities posted impressive growth in profit after tax during the year owing to the opening up of the economy and the subsequent growth in the private sector credit Kampala, Uganda | ISAAC KHISA | More than half of companies listed on the Uganda Securities Exchange recorded growth in profits in …

Kampala, Uganda | THE INDEPENDENT | The major foundation bodies of government-aided schools have warned they will go private should the government fail to reverse what they consider a drastic decision regarding the no fees policy. This comes days after cabinet resolved to eliminate all fees for learners in public and government-aided …

Up to 74% of government-aided schools are owned by non-state actors like communities and faith-based organizations – the Catholic Church and Church of Uganda, and Muslim Supreme Council Kampala, Uganda | THE INDEPENDENT | The government has asked all foundation bodies that own primary and secondary schools, to implement a …

Kampala, Uganda | THE INDEPENDENT | Uganda Securities Exchange (“the Exchange”/ “USE”) Uganda’s principal stock Exchange, on Monday announced the admission of Chipper Technologies Uganda Limited (“Chipper”) as a new Trading Participant / stockbroker on its market and as a USE Securities Central Depository Agent (SCDA). As a trading participant, Chipper’s …

Kampala, Uganda | THE INDEPENDENT | Jailed lawyer Male Mabirizi has raised 94 grounds in an appeal challenging the dismissal of his case opposing the listing of MTN Uganda on the Uganda Securities Exchange. The appeal arises from an application in which Mabirizi challenged the decision by the Capital Markets Authority-CMA …

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 Ministry of Education and Sports has hired a consultant to carry out a study on whether parents whose children attend government-funded schools should pay school fees or not. This move is geared towards addressing the ever-increasing school fees that parents are made to …

Luwero, Uganda | THE INDEPENDENT | Several government schools in the Luwero district are constrained due to overwhelming numbers of learners who returned following the lifting of the COVID 19 lockdown. Learners resumed studies on January 10th, 2022 after 22 months of closure due to the COVID-19 pandemic. However, several …