Kaboyo appointed BAT-Uganda non-executive member
Stephen Kaboyo
Source: observer.ug
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Banks, Teleco's worth the money for stock investors
Banks and Telco’s stocks gave investors the highest return on investment while other listed companies took a beating from weak financial results.
Source: monitor.co.ug
How Uganda's thriving tobacco withered and went up in smoke
At the peak of production in 2013, tobacco leaf was one of Uganda’s biggest foreign exchange earners.
Source: theeastafrican.co.ke
BAT-Uganda posts Shs 29bn profit in 2020
Profit before tax increased by 30 per cent driven by growth in profit from operations and higher net finance income. Gross revenue, however, reduced by 1 per cent due to lower sales volumes, reflecting the impact of the COVID-19 pandemic. Meanwhile, despite the low sales, the company's net revenue increased by 5 per cent to Shs 79 billion primarily driven by the cost-saving initiatives undertaken to cushion the business from the adverse impact of the COVID-19 pandemic. “Estimates show that the government loses approximately Shs 30 billion in revenue annually. Towards the end of 2020, we com...
Source: observer.ug