Quality Chemicals To Cough Shs20b In Delayed Cipla Exit Plan

November 23, 2023 Uganda news Comments Off on Quality Chemicals To Cough Shs20b In Delayed Cipla Exit Plan

A delayed share purchase cost Cipla Quality Chemicals close to Shs20b in just six months. This is according to a disclosure published together with the company’s financial results. Cipla and Africa Capitalworks had planned to complete the share purchase in a Shs94.5b ($25m) deal by May 31. However, mandatory approvals from Capital Markets Authority and Comesa delayed for months, with the ...

Museveni Hails MTN’s Plan To List On Stock Exchange

October 8, 2021 Business Comments Off on Museveni Hails MTN’s Plan To List On Stock Exchange

Mobile telecommunications company MTN recently shared its plan to list in Uganda’s stock exchange. It said it will allow Ugandans and Africans to be partners in the company’s activities, an idea the president of Uganda hailed. On Wednesday, a meeting between Mr. Museveni and MTN officials happened at State House. The president thanked the MTN leadership led by the board ...