Offshore investors give Uganda’s bourse wide berth, turnover dips to $5,500 a day

Offshore investors give Uganda’s bourse wide berth, turnover dips to $5,500 a day

Crested Capital stock dealers trading at the Uganda Securities Exchange in Kampala. PHOTO | MORGAN MBABAZI Following the end of the offshore investor season, average trading turnover at the USE dropped to less than Ush20 million ($5,493) per day at the beginning of October while trading volumes fell to less than 200,000 shares per day. […]

Half Year Results: Uganda Clays Limited Posts Shs 2.8 Billion Profit

Half Year Results: Uganda Clays Limited Posts Shs 2.8 Billion Profit

Reuben Tumwebaze, Uganda Clays Limited MD Uganda Clays Limited (UCL), the manufacturer of baked clay building products on Wednesday announced that the company posted impressive results for the half year 2021 with a net profit of Shs 2.75 Bn. According to the Managing Director, Reuben Tumwebaze, the impressive performance is a turnaround from a loss […]