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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

New Orders Increase Four Month Running-Stanbic PMI
Africa Markets

New Orders Increase Four Month Running-Stanbic PMI

5th December 2022 Godfrey Ivudria Comment(0)

Kampala – Uganda, December 5, 2022: Conditions in Uganda’s private sector continue to improve as the latest data for the monthly Stanbic Purchasing Managers Index (Stanbic Bank PMI) showed  output, new orders and employment all increasing over the month. The headline PMI rose to 50.9 in November from 50.0 in October, indicating an improvement in business […]

ITC, EABC Launch, a Digital Platform to Boost SME Competitiveness

ITC, EABC Launch, a Digital Platform to Boost SME Competitiveness

15th November 2022 Godfrey Ivudria Comment(0)

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