Finance

May 13 – May 20, 2022: Weekly financial markets review and outlook with Stephen Kaboyo

by CEO ReporterFinanceNews & AnalysisMay 20, 2022May 20, 2022

The Uganda shilling posted sharp losses buoyed by a surge in demand from commercial banks, manufacturing and energy sectors. The unit broke through key levels to trade at 3665/75.In the…

Mathias Katamba’s term as Bankers’ Association Chairman ends on a high as Citibank’s Arapta elected the new chairperson

by Muhereza KyamuteteraFinanceIndustry & AnalysisNews & AnalysisThe Big StoryWomen Fixing UgandaWomen in BusinessWomen In LeadershipMay 17, 2022May 17, 2022

Members of the Uganda Bankers’ Association (UBA) held their Annual General Meeting on the 13th of May 2022 and elected Sarah Arapta, as the new Chairperson of the association’s Executive…

May 6 – May 13, 2022: Weekly financial markets review and outlook with Stephen Kaboyo

by CEO ReporterFinanceIndustry & AnalysisNews & AnalysisMay 13, 2022May 13, 2022

The shilling nursed losses testing 100 day low touching 3600 technical level, pressured by substantial demand from commercial banks, energy and manufacturing sectors. The UGX trend was similar to its…

April 29– May 6, 2022: Weekly financial markets review and outlook with Stephen Kaboyo

by CEO ReporterFinanceNews & AnalysisMay 6, 2022May 6, 2022

The Uganda shilling slipped amid elevated greenback demand late in the week, wiping off earlier mild gains as a result of some export flows and interbank position unwinding. Trading was…

April 22 – April 29, 2022: Weekly financial markets review and outlook with Stephen Kaboyo

by CEO ReporterFinanceIndustry & AnalysisApril 29, 2022April 29, 2022

The Uganda shilling was on the back foot undermined by an upsurge in demand from importers and interbank. The unit lost its previous week momentum and traded at 3550/60. In…

April 15 – April 22, 2022: Weekly financial markets review and outlook with Stephen Kaboyo

by CEO ReporterFinanceIndustry & AnalysisApril 22, 2022April 22, 2022

The Uganda shilling was wobbly on uptick of interbank demand as business activity picked up following an Easter holiday break. Trading held in the range of 3525/3535. In the bond…

April 8 – April 15, 2022: Weekly financial markets review and outlook with Stephen Kaboyo

by CEO ReporterFinanceIndustry & AnalysisNews & AnalysisApril 15, 2022April 15, 2022

The Uganda shilling traded with a mild appreciation bias following a dovish central bank monetary policy decision to keep the policy rate unchanged . The unit traded in the range…

Uganda is not short of demand for credit, the challenge is supply

by CEO ReporterFinanceIndustry & AnalysisNews & AnalysisThought LeadershipApril 6, 2022April 6, 2022

By Martin Mugisha In to the Monetary Policy Report February 2022, the Bank of Uganda said that Private Sector Credit (PSC) growth lost momentum in the quarter to December 2021,…

March 25 – April 1, 2022: Weekly financial markets review and outlook with Stephen Kaboyo

by CEO ReporterFinanceIndustry & AnalysisApril 1, 2022April 1, 2022

The Uganda shilling traded firmer, propped up by end month flows that improved supply levels amid subdued demand. Bid and ask held at 3585/95. In fixed income space, yields turned…

March 11 – March 18, 2022: Weekly financial markets review and outlook with Stephen Kaboyo

by CEO ReporterFinanceIndustry & AnalysisMarch 18, 2022March 18, 2022

The local currency recovered from previous week’s losses amid a slow down in appetite for dollars . On the supply side, inflows from coffee and other commodity traders helped in…