British American Tobacco Uganda reported its strongest growth in profits in three years as cost-cutting measures in response to the Covid-19 pandemic more than made up for the hit to the cigarette distributor’s sales. Uganda’s dominant cigarette distributor said profit after tax rose 27.3% year on year to Shs19.9bn in 2020, up from Shs15.6bn a […]
Tag: XUGA_BATU
Illicit trade threatens BAT’s future prospects
Tracing illicit products to source is required to safeguard the legitimate tobacco industry, company executives say Kampala, Uganda | JULIUS BUSINGE | British American Tobacco Uganda (BAT Uganda) shareholders on July.23 approved Shs15.7billion or Shs320 per share as the final dividend for the year ended December 31, 2019. The dividend was paid on June.19 in […]
Cigarette firm BAT decries persistent illicit trade in Uganda
Mr. Mathu Kiunjuri, Managing Director, BAT Uganda Ltd with Philemon Kipkemoi, Non-Executive Director BAT Uganda Ltd during a press briefing after the 20th Annual General Meeting (PHOTO/Courtesy) KAMPALA — Shareholders of British American Tobacco Uganda (BAT Uganda) have Annual General Meeting (AGM) ratified UGX 15.7 billion (UGX 320 per share) as a first and final […]
FINANCIALS: BAT Posts 15% Profit Growth, Pays Out Extra Shs 40 to Shareholders
BAT Uganda Managing Director, Mathu Kiunjuri during a virtual press conference. British American Tobacco Uganda (BAT Uganda) will give out Shs 15.7 billion (Shs 320 per share) as a first and final dividend to its shareholders for the year ended December 31, 2019. This is in comparison with Shs 13.7bn as dividends for the previous […]
Digital tax stamps will curb illicit trade – Batu
Mr Philemon Kipkemoi, the Batu non-executive director, during the same meeting, indicated the Batu counter had had less activity in the period as many shareholders had held onto their shares, which as a result , has seen the company’s stock stagnated at Shs30,000 at the Uganda Securities Exchange. British American Tobacco Uganda (Batu) has said […]
Listed companies set aside Shs265b to pay dividends
Wait a little longer: Although companies have set aside Shs265.5b to pay dividends, shareholders will have to wait a little longer for them to access the money. FILE PHOTO Six out of the nine locally listed companies have indicated they will give a combined sum of Shs265.5b in dividends for the period ended December 31, […]
Listed companies set aside Shs265b to pay dividends
Wait a little longer: Although companies have set aside Shs265.5b to pay dividends, shareholders will have to wait a little longer for them to access the money. FILE PHOTO Six out of the nine locally listed companies have indicated they will give a combined sum of Shs265.5b in dividends for the period ended December 31, […]
Uganda: Listed Companies Set Aside Shs265b to Pay Dividends
Six out of the nine locally listed companies have indicated they will give a combined sum of Shs265.5b in dividends for the period ended December 31, 2019. The Shs265.5b is an improvement from the Shs200.4b that was paid out to shareholders for the period ended December 31, 2018. The six companies including Bank of Baroda, […]
Uganda: Listed Companies Set Aside Shs265b to Pay Dividends
Six out of the nine locally listed companies have indicated they will give a combined sum of Shs265.5b in dividends for the period ended December 31, 2019. The Shs265.5b is an improvement from the Shs200.4b that was paid out to shareholders for the period ended December 31, 2018. The six companies including Bank of Baroda, […]