Kampala, Uganda | THE INDEPENDENT | The Capital Markets Authority (CMA) and Uganda Securities Exchange (USE) report continued growth of the stock market in Uganda, with the sector recovering from the lagging effects of the COVID-19 period. This has also come with an increase in the return on investments of …
Read More »
Kampala, Uganda | THE INDEPENDENT | Submissions for the 2025 Financial Reporting (FiRe) Awards are officially open and will run until September 30, 2025. This announcement marked the culmination of a high-impact press conference held by the Institute of Certified Public Accountants of Uganda (ICPAU) on June 18 at the …
Read More »
Umeme Share Trading Ban Extended for a Month Over Buyout Dispute Kampala, Uganda | THE INDEPENDENT & URN | Former Uganda electricity distributors Umeme has officially disagreed on a buy out amount of $118million given to them by government. They earlier stated they had expected to be paid $234, and …
Read More »
KAMPALA, UGANDA | Julius Businge | In a bid to promote gender inclusivity in Uganda’s financial markets, the Uganda Securities Exchange (USE), under the leadership of CEO Paul Bwiso, hosted the Ring the Bell for ALL Women and Girls event in Kampala recently. Organized in partnership with UN Women and other …
Read More »
Masaka, Uganda | THE INDEPENDENT | The government is considering revoking its partnership and grant aiding private schools that are faulting the Universal Education policy. The State Minister in Charge of Primary Education Doctor Joyce Moriku Kaducu, said that the government is going to withdraw its capitation grants and any support …
Read More »
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 …
Read More »
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 …
Read More »
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 …
Read More »
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 …
Read More »
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 …
Read More »
The Independent Uganda: You get the Truth we Pay the Price
