Business

Umeme shareholders approve no final dividend after AGM resolutions

Umeme Limited shareholders have endorsed the board's decision not to declare a final dividend for the financial year ended December 31, 2025, while approving...

Afreximbank assets rise to $43.4 billion as first-half profit and lending grow

The African Export Import Bank (Afreximbank) has strengthened its financial position in the first half of 2026, with total assets rising to $43.4 billion,...

Tycoon Sudhir Ruparelia earns Shs2.25b dividend from Bank of Baroda Uganda

Businessman Sudhir Ruparelia has received Shs2.25 billion in dividends from his shareholding in Bank of Baroda Uganda following the lender’s strong financial performance for...

Roko Construction in trouble as Court okays auction of property

The High Court in Kampala has authorised MUA Insurance Rwanda Ltd to enforce a Rwandan court judgment requiring Roko Construction Rwanda Ltd to pay...

Stanbic expands unsecured lending as revamped Oli in Charge campaign targets families and businesses

Stanbic Bank Uganda has expanded access to unsecured loans through a revamped Oli in Charge campaign, increasing financing for salaried workers, entrepreneurs and farmers...

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