News Uganda Stock market: Heavy rain, floods kill at least 136 in Rwanda and Uganda
By Philbert Girinema KIGALI (Reuters) -Flooding and landslides triggered by heavy rain have killed at least 129 people in Rwanda and six in Uganda, authorities said on Wednesday, as rescuers hunted survivors trapped in homes. In chaotic scenes after weeks of rain in the region, one video clip posted by the state-owned Rwanda Broadcasting Agency showed muddy water gushing down an inundated road
News Uganda Stock market: Why Kenyans no longer flock Uganda for 'cheaper' beer
Bars dealing in both commercial beer and local brew no longer fill to capacity.Some beer joints have closed shop as the number of customers continues to dwindle. The number of Kenyans along the Kenya-Uganda border crossing over for beer drinks has significantly dropped.Bars dealing in both commercial beer and local brew no longer fill to capacity.Some beer joints have closed shop as the number of customers continues to dwindle.Proprietors of...
News Uganda Stock market: UDB sets up climate finance facility to promote green economy
To aid in this financing, Uganda Development Bank (UDB) has committed Shs 50 billion towards the capitalization of the newly set-up UDB Climate Finance Facility (CFF), a strategic fund that will make ...
News Uganda Stock market: Shakti Pumps rises 4.5% on getting $1 million due from Uganda project
The stock of Shakti Pumps Ltd was trading 4.88 percent higher at Rs 457.85, on BSE at 9:40 AM. The stock has given a return of 13.34 percent since the start of this year outperforming the Nifty50 benchmark index which has lost nearly 3 percent of its value since the start of this year. Whereas the stock has underperformed the benchmark index Nifty50 over the last five years by giving a return of negative 38.26 percent.
News Uganda Stock market: Uganda media guide
New Vision - state-owned daily, as are its sister vernacular papers, Bukedde, Etop, Rupiny and Orumuri UBC Radio - public, run by Uganda Broadcasting Corporation, operates five stations including ...
News Uganda Stock market: MTN stock trades at sh168 per share on Wednesday
The MTN stock closed Wednesday’s trading session at the Uganda Securities Exchange (USE) at sh168 per share, a major decline over the last three months. ;MTN traded sh4.9m from 29,400 shares at sh168 per share during the day’s trading session. MTN began the year with a share price of sh184.Umeme exchanged sh6.9m from 17,365 shares at a share price of sh400 during the session. The stock price has gained by nearly 33.3% over the last three...
News Uganda Stock market: Uganda’s undisbursed debt decreased to Shs14t in FY2022/23 quarter two - govt
The ministry of finance has said that quarter two of Uganda’s Financial Year (FY) 2022/23 registered a slight decrease in undisbursed debt from $3.85 billion in September 2022 to $3.83 billion (about Shs14 trillion) in December 2022.“In addition, there was an increase in disbursement from $0.12 billion as at the end of September 2022 to $0.16 billion during the quarter under review,” the ministry of finance said.Further, details in the...
News Uganda Stock market: Uganda Airlines faces turbulence soon after take off
Uganda Airlines, like many of its counterparts in the region will have to cater for two new challenges. That is, the ban on flights by destination markets as well as the plans by bigger and older ...
News Uganda Stock market: Uganda: Should Cma Approve Public Offers?
Hitherto, mainstream media in this country didn't give room for independent- minded analysis of the MTN initial public offering.
