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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

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 […]

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EAC Kickstarts Verification to Admit Somalia

30th January 2023 Godfrey Ivudria Comment(0)

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Carmen M. Reinhart is Professor of the International Financial System at Harvard University’s Kennedy School of Government. Christoph Trebesch is Professor of Macroeconomics at the Kiel Institute for the World Economy. 

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