Kampala, Uganda | THE INDEPENDENT | Universal Primary and Secondary Education Schools have asked the government not to abolish the PTA fees paid by learners. On Monday, the Minister in charge of ICT and National Guidance, Dr. Chris Baryomunsi, said that the Cabinet had resolved that all Universal Primary (UPE) and Secondary …
Read More »Gov’t wants charges in UPE, USE schools abolished
Kampala, Uganda | THE INDEPENDENT | The Cabinet is proposing free and compulsory primary and secondary education when schools reopen early next year. The cabinet on Monday agreed that all forms of charges that have been collected from learners in Universal Primary Education-UPE and Universal Secondary Education-USE schools should be abolished. Dr. …
Read More »Stock market boost as MTN listing takes shape
Uganda Securities Exchange CEO says number of investors could triple Kampala, Uganda | JULIUS BUSINGE | Executives at the Uganda Securities Exchange are optimistic about increased activity and shareholder numbers at the bourse as MTN Uganda’s listing takes shape. Paul Bwiso, chief executive officer said on the sidelines of the …
Read More »Behind MTN share offer
Assessing the opportunity and the risk Kampala, Uganda | ISAAC KHISA | Commenting on the move by Uganda’s largest telecom company, MTN, to list on the country’s stock exchange, Stephen Kaboyo, the managing director at Alpha Capital Partners, sees opportunity. “In my own prediction, MTN stock will be a good …
Read More »MTN to float 20% of its shares on the Uganda SE
This will potentially be the largest IPO on the Ugandan market and will be delivered primarily through a digital paperless/ green platform which is the first of its kind in East Africa Kampala, Uganda | THE INDEPENDENT | MTN Uganda has today announced intentions to float 20% of their shares …
Read More »ICPAU to hold 11 th edition of financial reporting awards
Kampala, Uganda | Julius Businge | The Institute of Certified Public Accountants of Uganda is teaming up with the Capital Markets Authority, the Uganda Securities Exchange and the Vision Group to hold the 11th edition of the Financial Reporting (FiRe) Awards, executives said on June 15 at a virtual press conference. …
Read More »Come to the stock market for capital
Uganda Securities Exchange tells manufacturers recovering from COVID-19 pandemic stress Kampala, Uganda | JULIUS BUSINGE | As manufacturers weather the tough times caused by COVID-19 lockdown and related restrictions, executives at the Uganda Securities Exchange say, doors are open for raising capital to reboot business activities. Speaking on behalf of …
Read More »BATU marks 20 years on stock market
British American Tobacco Uganda, perhaps the country’s popular cigarette company on Sept.10, celebrated its 20th anniversary of its trading on the Uganda Securities Exchange. Kampala, Uganda | JULIUS BUSINGE | But the company has been in operation in the country for more than 90 years. Its share price has since …
Read More »Umeme, Stanbic dominate trading at USE in Q2
Market executives anticipate good performance as COVID-19 threat is minimized Kampala, Uganda | JULIUS BUSINGE | Trading in the second quarter of 2020 at the Uganda Securities Exchange registered a tremendous decline as Uganda’s equity markets continued to feel the impact of COVID-19 pandemic, according to the quarterly bulletin for …
Read More »Uganda Securities Exchange gives green light over AGMs
The delay and postponement of 2020 AGMs means that the final dividend payment may not be paid on time Kampala, Uganda | ISAAC KHISA | Now Uganda’s listed companies have until July.30 to hold their Annual General Meetings and determine their future growth, according to Paul Bwiso, the Uganda Securities …
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