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Tag: XUGA
Uganda Securities Exchange (XUGA)
KCB to lend Sh5bn in first big green loan financing
KCB Bank #ticker:KCB will extend Sh5 billion loan facility to an infrastructural sector firm in the country, being the first company to receive the green funds. In 2020, the lender received accreditation from the United Nations Green Climate Fund (GCF) for on-lending to investments and projects with a positive impact on the environment such as […]
In defence of Kenya Airways bailout
It is worth noting that as the world is gingerly moving out of the pandemic, we need to take the opportunity to see how it impacted various industries and economies. Among those that were affected first is the airline Industry. When Covid-19 struck in 2020, virtually every country imposed travel restrictions that practically stalled logistics. […]
Kenya Airways Sees Russia’s Invasion Inflating Air Ticket Costs
Kenya Airways projects its revenue will climb by more than 50% this year. Kenya Airways Plc said Russia’s invasion of Ukraine will result in airlines increasing ticket prices after crude oil surged , while uncertainty may reduce demand for travel. “We have started seeing many of the airlines taking action on this to ensure that […]
EQUITY BANCSHARES INC : Management’s Discussion and Analysis of Financial Condition and Results of Operations. (form 10-K)
The following discussion and analysis of our financial condition and results of operations should be read in conjunction with our audited consolidated financial statements and the accompanying notes included elsewhere in this Annual Report on Form 10-K. The following discussion contains "forward-looking statements" that reflect our future plans, estimates, beliefs and expected performance. We caution […]
Kenya’s ‘financial imperialism’ and curious lights from Kigali
A KCB banking hall in Rwanda. Many Kenyans may not have heard of Gisenyi, the Rwandan town on the DR Congo border. The one across in DRC is Goma — now everybody has heard of it, if only for its volcano eruptions. The border point between the two countries, on the Rwandan side, is called […]
Kenya: Stock market drops Sh65bn in two days
The stock market shed Sh65.6 billion in investor wealth in the first two trading sessions this week, pressured by foreign investor sales that have overshadowed the expected price rally ahead of the dividend season. The NSE’s market capitalisation fell to Sh2.49 trillion on Tuesday from Sh2.56 trillion at the beginning of the trading week. Safaricom […]
Museveni: Parliament to Amend Law to Lock Umeme Out of Industrial Power Distribution
Museveni meeting Chinese investors at State House, Entebbe on Wednesday President Museveni has said he will engage the Speaker of Parliament to fast-track the amendment of the Umeme Act and ensure that electricity goes directly from generation to the industrial consumer to spur economic growth through industrialization. “Power should go directly from generation to the […]
Uganda’s pandemic woes contribute to Africell’s exit
A series of reforms within Uganda’s telecom sector have provided the country with one of the most competitive markets in the region. The entry of MTN Uganda as the second national operator to compete with Uganda Telecom in all telecom sectors fundamentally improved the availability and quality of services offered to end-users. Regulatory reforms in […]
MTN : Uganda results released for the year ended 31 December 2021
MTN Group Limited (Incorporated in the Republic of South Africa) (Registration number 1994/009584/06) (Share code MTN) (ISIN: ZAE000042164) (MTN or MTN Group) MTN Uganda results released for the year ended 31 December 2021 MTN shareholders (Shareholders) are advised that MTN Uganda has released its financial results for the year ended 31 December 2021, on the […]