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Tag: Receding demand for USD by merchant importers gives gain to shilling

Receding demand for USD by merchant importers gives gain to shilling
Markets

Receding demand for USD by merchant importers gives gain to shilling

17th August 201817th August 2018 EABW EditorComment(0)

Receding demand for USD by merchant importers gives gain to shilling: The Uganda shilling was a tad stronger on Thursday supported by a sell-off of dollars by commercial banks amisdt receding demand for the same from the merchant importers. Traders quoted the local unit at the 3745/3765 levels, close to 5 shillings stronger than Wednesdays […]

In the market

Investment Markets

Stanbic maintains Uganda’s bancassurance market lead in 2022

22nd March 2023 EABW Editor Comment(0)

At one percent, insurance penetration in Uganda remains low, but products like bancassurance, are steadily improving public perception about the advantages of being insured and Stanbic Bank continues to hold a leading position in the market. Bancassurance is a partnership that allows commercial banks to offer insurance products to their customers, making it more convenient […]

Investors Looking to Emerging, Frontier Markets

Investors Looking to Emerging, Frontier Markets

14th March 2023 Godfrey Ivudria Comment(0)

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