Tag Archives: Uganda Securities Exchange (USE)

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 ...

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 ...