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Tag: Shilling stable against USD a head of bond auction this Wednesday

Markets

Shilling strong against USD ahead of bond auction this Wednesday

17th April 201817th April 2018 EABW EditorComments(4)

The Uganda shilling closed a tad stronger against the U.S. dollar on Monday with the USD/UGX pair down to the 3680/3700 from the 3682/3702 levels on Friday. Traders trimmed long greenback positions as local tax settlements by key players curtailed purchasing power for the dollar. Today, relatively parallel activity on both demand and supply counters […]

In the market

KCB Partners with MTN, Airtel to Ease Access to Mobile Money
Markets

KCB Partners with MTN, Airtel to Ease Access to Mobile Money

21st September 2022 Godfrey Ivudria Comment(0)

KCB Bank Uganda has partnered with financial technology firms; MTN Mobile Money and Airtel Mobile Commerce Uganda to introduce two Trust accounts that will enable mobile money traders and consumers to access electronic cash or what is commonly known as float. The MTN and Airtel Trust Accounts offer merchants, super dealers, Airtel money, and mobile […]

Kshs.120B to Support Petroleum Imports by KCB  

Kshs.120B to Support Petroleum Imports by KCB  

19th September 2022 Godfrey Ivudria Comment(0)

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