Stock Market Briefs Kampala

Risky Stock Market
The Parliament of Uganda recently passed laws for the Members' Pension Fund that will bar investments in the Stock Market and generally shares reason being they are risky ventures and present more of a Gamble.

NIC Dividend payment
At the recently Concluded NIC AGM the dividend for year end DEcember 2009 was to be paid on the 11th October 2010 however due to technical and scheduling difficulties it may happen 3 weeks after.
Notice: If shareholders' have not received theirs by the 2nd November 2010 call: +256 414 346122.

MBEA
Andrew Owing an accomplished Investments professional authoritatively promised that his company MBEA would be back on the Market in 3 months. It is 4 months and we are still counting.
WHAT EXACTLY WENT WRONG WITH THE OLDEST AND PIONEER BROKERAGE COMPANY IN UGANDA THAT COMMANDED AROUND 31 BILLION SHILLINGS FROM TRANSACTION ADVISORY OVER A 12 YEAR PERIOD?