Uganda, March 24 -- In an attempt to kill two birds (the dividend and the buyout) with one stone, investors have over the past fortnight methodically purchased billions of shares on the stock market in Uganda's distributor of electricity-Umeme.

On March 11, trading data from numerous stock brokers revealed that the counter had traded 9.34 million shares valued at $1.004m or Shs3.74b, shocking everyone on the stock market for the counter that wasn't trading much shares lately.

This was purchased at market price, so it was insufficient to cause a change in the stock price of the company, which stayed unchanged at Shs400.

By contrast, MTN Uganda was the second most traded counter that day. Its shareholders were transacting in order to ben...