30/05/2019
From being a Customer to being a Shareholder of Stanbic Bank Uganda Limited. Am pround to attend this years AGM and reports indicate a steady progress and an assurance to shareholders of future of our investment into the bank. Ugx 97.5Billions to be paid out per Ordinary Share 2018 showing an increament from 90Billion of previous period.
Today's Annual General Meeting (AGM) of Stanbic Bank held at Kampala Serena Hotel has given me light and confidence that the decision i took in 2014 to invest in buying shares through my companies Matende General Investments (U) Limited and Matten Empowerment Finance Limited through Equity Stock Brokers Limited a subcidiary of Orient Bank was a viable idea.
Buying Stock and Treasury Bills on Stock Market are business investments that have been ignored by many people especially the less educated. However even those educated have lacked information regarding the investment.
These investments are controlled by Uganda Security Exchange (USE), Capital Market Authority (CMA) & Bank of Uganda (BoU). However, there are brokers who helps to connect you to the regulators and in process of buying of shares forinstance Equity Stock Brokers Limited among others.
One may ask, how do i benefit from owning shares and buying Treasury Bills (TB). There are many benefits forinstance; 1. Growing in stake (shareholding) of the company. 2. You can acquire aloan using your stock as security. 3. You recieve dividends annually as long as company make profits. 4. Recieve contracts and awards which improve on your reputation among other benefits. Unlike stock, TB is an assured investment with no risks incurred. It operates like a fixed account and normally for a period of one year.
You can buy shares or TB as an individual or as a Company. The companies listed on Uganda Stock Market includes but not limited to Stanbic Bank Uganda, DFCU Bank, National Insurance Corporation, UMEME, Uganda Clays Limited, Quality Chemicals Limited, KCB Bank etc.