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Tag: The Uganda Shilling weakens against the U.S dollar on Thursday as dollar demand persists

Markets

The shilling weakend against the U.S dollar on Thursday as dollar demand persists

29th June 201829th June 2018 EABW EditorComment(0)

BY CBA The Uganda shilling resumed its downward trend against the U.S dollar undermined by an uptick in greenback demand from the corporate sector and commercial banks. The USD/UGX pair closed within the 3870/3890 band from 3860/3880 on Wednesday. On the last trading day of the Financial Year 2017/2018, market chatter alludes to a relatively […]

In the market

Private Companies Post Successive Rise in March-Uganda
Africa Markets

Private Companies Post Successive Rise in March-Uganda

8th April 20218th April 2021 Godfrey Ivudria Comment(0)

Private companies post a successive rise in March. There are signs that the Ugandan economy is gradually returning to the old normal. Growth and rise in business activities of the private sector, as seen at the end of the first quarter are pointing to that. The headline Stanbic Purchasing Managers’ Index (PMI) posted 53.2 in […]

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New Report Reveals Illicit Trade in East Africa

6th April 2021 Godfrey Ivudria Comment(0)

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