Market Status OPEN Wednesday 26 June 2019

News

Ugandans to own a stake in CiplaQCiL

Speaking at the launch of the CiplaQCiL initial public offering, Paul Bwiso, CEO USE termed the decison for the pharmaceutical giant to open up to the public as remarkable. CiplaQCiL came to the market at UGX.256.5 offer price per offer share. A price that created a fun fact labelling the IPO as the Country Coded IPO.

To read more on this, view the attachment below. Please read the prospectus.

 

The Big Deal

According to Global credit rating firm Fitch, Uganda's economy is set to grow by 5.8% in this financial year.

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BATU 2018 Half Year Profit

Shareholders of British American Tobacco Uganda have a reason to smile. The company's half year results indicate that there is now more cash in BATU's coffers and half year profit has spiked.
"The company continues to deliver stable results in a challenging business environment...", Nicholas Ecimu, the company secretary said in a statement.

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