Uganda Clays Ltd, the country’s top supplier of building materials and the New Vision Ltd, a government controlled media company have executed successful rights issues in recent months which were fairly oversubscribed, impacted liquidity on the Uganda Securities Exchange and attracted positive foreign interest. Photo/ANTHONY KAMAU.
The recent rights issues floated on Uganda Stock Exchange have boosted the performance of the bourse, especially investor confidence, even as leading companies intensify efforts to improve market share and future earnings.
Uganda Clays Ltd, the country’s top supplier of building materials and the New Vision Ltd, a government controlled media company have executed successful Rights Issues in recent months which were fairly oversubscribed.
