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Tag: Central Bank of Uganda

Markets

Shilling stable against USD as BOU maintains lending rate

11th April 2018 EABW EditorComments(8)

KAMPALA, Uganda–The Uganda shilling traded flat at the 3685/3705 levels against the U.S Dollar on Monday, as the Central Bank of Uganda maintained its key benchmark lending rate at 9.00 per cent. The regulator noted that risks to inflation were balanced and inflation was expected to rise gradually to around 5 percent by the end […]

In the market

Kenya-Somalia Border Mandera to Opened After Ten Year
Africa Markets

Kenya-Somalia Border Mandera to Opened After Ten Year

3rd February 2023 Godfrey Ivudria Comment(0)

Plans for the reopening of the Kenya-Somalia border in Mandera are nearing conclusion, with the renovation of the Customs Border Control Point set to begin soon. This follows a series of high-level consultations between the two countries with the intent to advance new spheres of shared interests, particularly cross-border trade and regional security. Interior Cabinet […]

EAC Kickstarts Verification to Admit Somalia

EAC Kickstarts Verification to Admit Somalia

30th January 2023 Godfrey Ivudria Comment(0)

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