Pre Markets: ALSI In Uganda Rises, Kenya Maintains Lending Rate

Kenyan Law: Rate-cap The stock market in Uganda experienced sluggish activity as equity turnover dropped to Ugx0.84Mn ($231) compared to Ugx3.02Mn ($833) generated during yesterday’s trading. Stanbic Bank Uganda (SBU) traded 20,000 shares at Ugx27.25 each generating a turnover of Ugx0.55Mn ($150). Its share price remained stable throughout session. Umeme (UMEM) generated Ugx.0.29Mn ($81) as its share price ...
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Pre Markets: Uganda, Rwanda Exchanges Slightly Changed

The stock markets of Rwanda and Uganda were relatively quiet, with only five counters moving shares between the two exchanges. The All Share Index on the Uganda Securities Exchange went up 0.69% to 1,764.07 whereas the Local Companies Index fell from 381.54 to 381.24. The Stanbic Bank counter moved 81,261 shares for a turnover of ...
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Sanlam Finalises Acquisition Of Lion Assurance, UIA Intensifies Awareness Campaign

  Sanlam Emerging Markets Proprietary Limited (SEM), through its Ugandan subsidiary – Sanlam General Insurance Uganda Limited (SGIU), successfully concluded the acquisition of close to a 100% interest in the share capital of Lion Assurance Company Limited (LAC) in Uganda, from Trans Industries Proprietary Limited and some minority shareholders, for an initial purchase price of ...
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