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Tag: The Uganda Shilling closed the week stronger against the USD

Markets

The Uganda Shilling closed the week stronger against the USD

16th April 2018 EABW EditorComments(7)

KAMPALA, Uganda–The Uganda shilling ended the week on a stronger note against the U.S dollar as interbank players unwound long dollar positions amidst reduced foreign currency demand as corporate firms settled mid-month tax obligations. The USDUGX pair shed off a few shillings to close within the 3682/3702 band from previous comfort 3685/3705 levels. This week, […]

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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