EABW Editor
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Agribusiness Markets Opinions

A Pandemic of Hunger

Godfrey Ivudria

By Esther Ngumbi URBANA, ILLINOIS – Around the world, food insecurity is spiking. Experts predict that the number of hungry people will double during the COVID-19 pandemic. Throughout Africa, governments struggle to provide for the neediest. In Burkina Faso, which at one point had the highest number of deaths from COVID-19 in Sub-Saharan Africa, more […]

The tide continued to turn in the Uganda Shilling’s favour during Friday’s trading session as a result of increased foreign currency inflows from commodity exporters.
Markets

Shilling trades stronger against US dollar

EABW Editor

The Uganda shilling traded stronger against the U.S dollar on Tuesday with the USD/UGX pair plunging to the 3660/3680 levels. The home unit was boosted to a day’s win as interbank players trimmed long dollar positions amidst low appetite for hard currency from the corporate sector and tight liquidity in the money market arena. A […]

A persistent lack of dollar demand continued to boost the performance of the shilling against the dollar on Tuesday.
Markets

Uganda Shilling advances marginally against greenback

EABW Editor

The Uganda shilling advanced marginally against the greenback in yesterday session closing at the 3750/3770 bracket. The FX counters witnessed an upsurge in foreign currency as increased flows from the charity organizations and exporters dwarfed dwindling demand from corporate players, supporting the shilling to a stronger close. As flows remain the main determinant on the […]