Author: Andrew Kwabena
MTN Uganda: What you need to know about the company and its IPO
On October 5, 2021, MTN Uganda announced its clear intention to float 20% of its shares on the Uganda Security Exchange market for public investors across the East African Community. The IPO values the company at UGX 4.5 trillion ($1.2 billlion), and it’s expected to double the value of the Uganda Securities Exchange. MTN Uganda becomes the…
HomeBoyz Entertainment: 7 questions you should ask before you buy it
On 21st December 2020, Homeboyz Entertainment Plc listed on the Nairobi Stock Exchanges GEMS with one of the grooviest and visually stimulating IPO launches, streamed on Youtube with an in-house DJ. Homeboyz Entertainment Plc is the company behind Tinga-Tinga, HB TV, Homeboyz radio station and many other media brands. The company has a rags to riches…
Safaricom: Is it still thriving even during Covid?
Safaricom remains a Kenyan corporate giant Safaricom is a Kenyan telecommunications giant behind the pioneering M-Pesa mobile payment system. Over the last few years it has thrived, increasing revenues and profits (earnings tripled in 7 years). it is world renown for its M-Pesa scheme, and has expanded beyond its home base of Kenya across Africa. It…
Should UNGA stay out of the kitchen?
UNGA Group is a Kenyan-listed company with a focus on flour milling and manufacturing of a human nutrition products and animal feeds. The group has operations in Kenya and Uganda. UNGA has just released its 2019/2020 financial results and they are not the prettiest reading. Revenues steady but profits down over 80%. They are generating cash…
How to start investing in Africa
Starting to invest is not impossible, follow the 7 step process and you will have your money making more money for you
Uganda Clays issue profit notice for 2020 H1
Uganda Clays Limited (the Company) wishes to inform its shareholders and the general public that the Company’s unaudited financial statements for the six-month period January – June 2020, which are due to be published soon, are likely to return a loss position. Full Details
Why I love Kenya Treasury Bills
Welcome to my confessions of a retail investor in Africa. I like investing in treasury bills because they provide a guaranteed income and my money is not held up for too long. As a retail investor in Africa, my investments are usually in fixed income e.g. Treasury Bills, Treasury Bonds; or Shares on Stock Exchanges.…
African shares: what is the attraction
For decades Africa has wrongly and rightly been put cast as a continent without investment opportunities, plagued with business crushing corruption and no rule of law. In the last decade, Africa has moved to a positive light as a continent with unending investment opportunities and businesses. Africa has a fast-growing youth population, with urbanization that…
