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Tag: U.S.

Markets

Shilling stable against USD as BOU maintains lending rate

11th April 2018 EABW EditorComments(8)

KAMPALA, Uganda–The Uganda shilling traded flat at the 3685/3705 levels against the U.S Dollar on Monday, as the Central Bank of Uganda maintained its key benchmark lending rate at 9.00 per cent. The regulator noted that risks to inflation were balanced and inflation was expected to rise gradually to around 5 percent by the end […]

In the market

EAC Kickstarts Verification to Admit Somalia
Africa Markets

EAC Kickstarts Verification to Admit Somalia

30th January 2023 Godfrey Ivudria Comment(0)

The East African Community (EAC) this week officially launched the verification mission to assess Somalia’s readiness to join the regional bloc. A team of experts from the partner states will be in Somalia from January 25 to February 3, 2023. The team will, among other roles, seek to establish the country’s level of conformity with […]

Standard Chartered launches Offshore Mutual Funds

Standard Chartered launches Offshore Mutual Funds

23rd January 202323rd January 2023 Godfrey Ivudria Comment(0)

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