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Markets
Chipper Technologies to drive up SCD numbers

Chipper Technologies to drive up SCD numbers

Chipper Technologies is officially being admitted as the 6th brokerage firm on the Uganda Securities Exchange (USE) and has been urged to use its popular platform to grow Securities Central Depository (SCD) accounts beyond the

Markets
Impairment losses eat into dfcu’s half year profit

Impairment losses eat into dfcu’s half year profit

DFCU’s pretax profit dropped 48.68% to Ugx25.63 billion in the first six months of 2022 due to a 104.56% jump in impairment allowances to Ugx75.06 billion. According to International Accounting Standard (IAS) 36, impairment losses

Markets
Uganda Clays half year profit up 7% despite economic squeeze

Uganda Clays half year profit up 7% despite economic squeeze

Uganda Clays gross profit rose 7.07% to Ugx7.89 billion for the first six months ended June 2022 as production cost controls improved. Profit growth came as revenues climbed 2.95% to Ugx18.03 billion due to improved

Business
UBL revenues up 24% for year ended June 2022, as EABL registers best performance in five years

UBL revenues up 24% for year ended June 2022, as EABL registers best performance in five years

East African Breweries Limited (EABL) financial results for the year ended June 2022 indicate that revenue for the Uganda Securities Exchange (USE) listed firm’s local unit, Uganda Breweries Limited (UBL) went up 24%. UBL’s financials

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