Mathias Katamba, CEO dfcu Bank (PHOTO/Courtesy) KAMPALA — Members of Uganda Bankers Association (UBA) held their annual general meeting and elected Mr. Mathias Katamba, as the new Chairman taking over from Mr. Patrick Mweheire who served for two years (2018 & 2019). Mr. Katamba is the Chief Executive Officer of dfcu Bank Uganda. Other members […]
Performance at the Uganda Securities Exchange slowed down during April partly due to Covid-19. According to the notice, if a company elects to hold a virtual annual general meeting, it will have to submit a notice to USE in regard to how the meeting will be executed. Performance at the Uganda Securities Exchange slowed down […]
Stock brokers during a trading session. Fixed income markets are likely to remain the investment of choice for some time to come according to experts. Courtesy photo Uganda Securities Exchange (USE) is where publicly listed companies list a portion of their shares for the general public to invest their money by buying shares. Equities are […]
Stock brokers during a trading session. Fixed income markets are likely to remain the investment of choice for some time to come according to experts. Courtesy photo Uganda Securities Exchange (USE) is where publicly listed companies list a portion of their shares for the general public to invest their money by buying shares. Equities are […]
Bank Why government must support the banking sector t o keep credit flowing to stimulate economic growth COMMENT | SIMON MUTUNGI | Following the 2008 Global Financial Crisis, many banks collapsed worldwide while others had to plow through public funds in the form of government bailouts in order to survive. To avert a consequent repeat […]
Six companies listed on the Uganda Securities Exchange have postponed their annual general meetings due to the coronavirus outbreak, the bourse said in a statement. The shareholders’ meetings, usually held during this period, have been “deferred in light of the current directives by the government of Uganda restricting public gatherings and public health recommendations aimed […]
Commercial banks recorded about Shs685.7b in non-performing loans for the period ended December 31, 2019, according to details compiled from annual performance results. This was a growth from Shs535.8b that the industry registered in the same period in 2018. A loan is declared non-performing if a borrower defaults on payment for at least 90 days […]
Six companies listed on the Uganda Securities Exchange have postponed their annual general meetings due to the coronavirus outbreak, the bourse said in a statement. The shareholders’ meetings, usually held during this period, have been “deferred in light of the current directives by the government of Uganda restricting public gatherings and public health recommendations aimed […]
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, […]
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, […]
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