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Tag: The Uganda Shilling’s strength against the dollar extends to Thursday

Markets

The Uganda Shilling’s strength against the dollar extends to Thursday

6th July 2018 EABW EditorComment(0)

BY CBA KAMPALA, Uganda–The Uganda shilling continues to gain against the U.S. dollar as greenback demand maintains it’s low-slung amidst relatively skewed liquidity in the money market. The USD/UGX pair levelled at the 3835/3855 levels on Thursday from 3840/3860 on Wednesday. Ahead of the weekend, it is plausible that the local currency would continue clamping […]

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 […]

EAC Kickstarts Verification to Admit Somalia

EAC Kickstarts Verification to Admit Somalia

30th January 2023 Godfrey Ivudria Comment(0)

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