NAIROBI, Kenya Feb 4-The East African Breweries Limited(EABL) Sh11 billion bond has scooped the local currency Corporate Bond Deal of the year award at the 2022 edition of the Bonds & Loans Africa Awards. According to the award organizers, the award follows a rigorous selection process and seeks to recognize the most innovative and ground-breaking […]
Tag: XUGA
Uganda Securities Exchange (XUGA)
Equities Market Still Posting Mixed Reactions
KEY POINTS The market is currently trading at a price-to-earnings ratio (P/E) of 11.4x, 11.6 percent below the historical average of 12.9x, and a dividend yield of 3.5 percent, 0.5 percentage points below the historical average of 4.0 percent. During the week, the equities market recorded mixed performance, with NASI gaining by 0.6 percent, while […]
Global Alcoholic Drinks Market 2022 Consumption By Regions, Key Manufacturers, Market Dynamics, Raw Materials, Facts and Figures, Growth Till 2029
TODAY ONLY! For only $7, you can get 2 winning options trade alerts every month! Click Here to See Trade Ideas! (Risk-free with a 14 day refund guarantee) Pune, Feb. 14, 2022 (GLOBE NEWSWIRE) — Global Alcoholic Drinks Market size is estimated to increase in the young-adult population and consumer demand for premium drinks. Rise […]
DSE record turnover of 13.7bn/- in January, market data shows
The turnover recorded was more than two folds improvement from last month’s 5.51bn/- turnover and January 2021 turnover of 6.72bn/- According to statistics from DSE, both market Indices closed the month on the positive side with the All-Share Index (DSEI) gaining 22.08 points and closing with 1,918.79 points while While the Tanzania Share Index (TSI) […]
KMRC bond set to pay interest above State securities
KMRC chief executive Johnstone Oltetia. PHOTO | DIANA NGILA | NMG The Kenya Mortgage Refinancing Company (KMRC)’s Sh1.4 billion bond is paying a premium of one percentage point over government bonds with a similar life. Analysis of the mortgage refinancer’s debut bond issue by Sterling Capital says that the 12.5 percent interest the company is […]
Bank of Uganda loses historic case against former Crane Bank shareholder
The former Crane Bank was placed under statutory management by Bank of Uganda (BOU) in September 2016 following a damning audit report that revealed insufficient capital levels, shrinking liquidity ratios, surging loan default levels and gross mismanagement, among others. Signs of financial distress felt by the collapsed lender were evidenced by an emergency financial support […]
Live market updates
Laxmi Organic Industries Limited has signed Share Subscription and Shareholders’ Agreement with Radiance MH Sunrise Seven Private Limited (Radiance) and Radiance Renewables Private Limited, for acquiring 15,12,000 equity shares constituting 26% of the total share capital of Radiance MH Sunrise Seven Private Limited for a sum not exceeding to Rs1,51,20,000. Radiance is promoted as a […]
Centum Electronics to increase stake in Centum Adetel Group SA to 77.16%; Stock slips over 6% post Q3
With the proposed investment, Centum Electronics Limited (the Company) stake in CAG will increase from the current level of 64.66% to 77.16%. During the financial performance announcement for the quarter ending December 2021 (Q3FY22), Centum Electronics board of directors have approved the proposal to increase its stake in Centum Adetel Group SA. With the proposed […]
GOLD FIELDS LIMITED – Unaudited results for the twelve months ended 31 December 2021
Unaudited results for the twelve months ended 31 December 2021 Gold Fields Limited Incorporated in the Republic of South Africa) Registration Number 1968/004880/06) JSE, NYSE, DIFX Share Code: GFI ISIN: ZAE000018123 ‘Gold Fields’ or ‘the Company’) UNAUDITED RESULTS FOR THE TWELVE MONTHS ENDED 31 DECEMBER 2021 Gold Fields Limited is a globally diversified gold producer […]
Uganda Telecoms, Mobile and Broadband Market Statistics and Analyses Report 2022 – ResearchAndMarkets.com
DUBLIN–( BUSINESS WIRE )–The "Uganda – Telecoms, Mobile and Broadband – Statistics and Analyses" report has been added to ResearchAndMarkets.com’s offering. The report includes all relevant publisher research data and analysis. Covering trends and developments in telecommunications, mobile, internet, broadband, infrastructure and regulation. Uganda’s telcos progress with IPOs Under revised regulations governing Uganda’s telecom sector […]