Uganda says telecoms companies must list on local bourse
Uganda has ordered telecoms operators in the country to list on the local bourse, the Capital Markets Authority said on Wednesday.
1M | 3M | YTD | 1Y | 2Y |
-1.45% | -0.85% | +19.77% | +0.62% | -16.44% |
Value Traded (UGX) 43,472,764 |
Volume 1,031,431 |
Transactions - |
Market Cap. (Bln UGX) 22,800.45 |
Uganda has ordered telecoms operators in the country to list on the local bourse, the Capital Markets Authority said on Wednesday.
Investment services firm African Alliance has disclosed that it plans to close its stock brokerage business in Uganda by 25th April after operating in the market for 15 years. The company cited low market activity on the Ugandan Stock exchange as one of the main reasons for exit.
Stanbic Holdings Limited (NSE:CFC, USE:SBU) has suspended the trading of its Shares on the Ugandan Stock Exhange, the USE Chief executive officer has said.
Uganda Securities Exchange (USE) will start levying fees on market data early next year as it looks to diversify its revenue sources, following in the footsteps of the Nairobi bourse.