🇺🇬 Uganda Securities Exchange

British American Tobacco Uganda (BATU) said Friday that first half net profit fell 2.1 per cent from a year earlier, due to a decline in sales.

Airtel Uganda will offer free shares to investors participating in its Sh31.3 billion initial public offer (IPO) which opened on Wednesday, in an effort to spur uptake of the shares.

Airtel Uganda will list 8 billion or 20 per cent ordinary shares on Uganda Security Exchange (USE) secondary market through a public offer before the regulatory deadline of December 16.

Shareholders of Uganda Clays Ltd (USE:UCL) will get half a shilling for every share they hold, as a return on their investment for the year ended December 2022.