| 03.02.2011 - Uganda: National Social Security Fund Sells Stanbic Shares for Sh4.6 Billion |
| From Allafrica.com: National Social Security Fund (NSSF) sold 16.4 million Stanbic Bank shares worth sh4.6b to Crane Financial Services, the second gigantic transaction by the fund in a month. Last week, Stanbic announced that its earnings for 2010 were expected to be 20-25% lower than the previous year. Richard Byarugaba, the NSSF chief executive officer, confirmed the deal..............................................Full Article: Source |