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Tag: MARKETS: The shilling closed the week strong against USD

Markets

MARKETS: The shilling closed the week strong against USD

11th April 2018 EABW EditorComment(0)

KAMPALA, Uganda–The Uganda shilling was unchanged against the U.S dollar at last week’s close, supported by hard currency inflows from commodity exporters amidst waning importer and interbank demand. The USDUGX duet was detained within the 3685/3705 levels. This week, market sentiment alludes to a relatively stable pair as mid-month tax payments offer support to the […]

In the market

Private Companies Post Successive Rise in March-Uganda
Africa Markets

Private Companies Post Successive Rise in March-Uganda

8th April 20218th April 2021 Godfrey Ivudria Comment(0)

Private companies post a successive rise in March. There are signs that the Ugandan economy is gradually returning to the old normal. Growth and rise in business activities of the private sector, as seen at the end of the first quarter are pointing to that. The headline Stanbic Purchasing Managers’ Index (PMI) posted 53.2 in […]

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New Report Reveals Illicit Trade in East Africa

6th April 2021 Godfrey Ivudria Comment(0)

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