MTN’s share price hit a record high on Monday, fuelled by an institutional investor who snapped up 6.186 million shares from dozens of trades.

The African Securities Exchanges Association (ASEA) is pleased to announce that the Uganda Securities Exchange (USE) has officially joined Phase 2 of the African Exchanges Linkage Project (AELP). With this inclusion, the AELP now comprises ten participating exchanges representing 17 countries, enhancing the potential for cross-border trading, collaboration, and capacity building across the continent.

Quality Chemical Industries Ltd (QCIL) has more than doubled dividend payout after reporting a strong profit growth for the year ended March 31, 2024 driven by antiretroviral and antimalarial drug sales.

MTN Uganda net profit for the first three months to March rose 24% to Shs150bn driven by solid growth in its voice, data and fintech business segments.