Nile Hotel International Ltd pays Government UGX 446m in dividends

Home » Nile Hotel International Ltd pays Government UGX 446m in dividends

Nile Hotel International Ltd pays Government UGX 446m in dividends

By Kagga Admin | August 29, 2019

Following an Annual General Meeting resolution of 24th July 2018, Nile Hotel International Ltd paid UGX 446,457,741 (Four Hundred and Forty-Six Million, Four Hundred and Fifty-Seven Thousand, Seven Hundred and Forty-One shillings) in dividends to the Government of Uganda.

The payment was settled in November 2018 and is a reflection of the Company’s robust financial performance.

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