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Tag: The Uganda Shilling depreciated further against U.S dollar on Friday

Markets

The Uganda Shilling depreciated further against U.S dollar on Friday

21st May 201821st May 2018 EABW EditorComments(33)

BY CBA KAMPALA, Uganda–The Uganda Shilling continued its losing streak against the U.S dollar amidst sustained greenback demand from commercial banks and the energy sector at last week’s close. In what was an active day on the FX counters, the USDUGX pair found comfort at the 3710/3730 levels from 3707/3707 levels previously. Emergent foreign currency […]

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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