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

Markets

The Uganda Shilling depreciates against U.S dollar on Friday

14th May 2018 EABW EditorComment(1)

BY EABW REPORTER KAMPALA, Uganda–The Uganda Shilling continued its losing streak against the U.S dollar on Friday amidst an upsurge in demand for the hard currency from the manufacturing sector and interbank players. The USD/UGX pair closed the week at the 3707/3730 mark from opening levels of 3703/3723. Relatively calm activity in the forex market […]

In the market

New Jobs, Orders Rise in April PMI
Africa Markets

New Jobs, Orders Rise in April PMI

9th May 2022 Godfrey Ivudria Comment(0)

May 5, 2022 – Kampala, Uganda: The Stanbic Purchasing Managers’ Index (PMI) rose to 53.9 in April from 51.9 in March on account of further improvement in private sector output and new orders as demand strengthened, helping generate new jobs. Readings above 50.0 mean improvement in business conditions on the previous month while readings that […]

Record Performance in Latest Full-Year Earnings-AFC

Record Performance in Latest Full-Year Earnings-AFC

4th April 2022 Godfrey Ivudria Comment(0)

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