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Uganda Baati opens New Showroom on Entebbe road
BY EABW REPORTER KAMPALA, UGANDA- Uganda Baati, the country’s leading manufacturer and supplier of quality roofing sheets and steel building solutions, has officially launched its Entebbe Road showroom and sales office at Paka Complex, in Zana town, to take its products and service closer to customers. During the opening ceremony, the Uganda Baati Board Chairman, […]
Pound remains in red, but analyst says ‘Buy Dip’
The Uganda Shilling began the week the stronger currency as it pushed the U.S. dollar to a new low. The local currency’s vibrant trend against the greenback continued on Monday, as sellers’ just about edged demand for foreign currency. The USD/UGX pair gained about 5 shillings by the closing bell. We see an increase in […]
The Uganda Shilling traded slightly weaker against U.S dollar on Thursday
KAMPALA, Uganda–The Uganda Shilling traded a tad lower at the 3705/3725 levels versus its U.S dollar counterpart on Thursday as increased bustle on the greenback demand counters dominated mostly muted supply activity. Losses in the home unit were however limited by the regulator’s monetary tightening action, absorbing Ugx 550 billion of excess liquidity from the […]