Finance

Equity markets register sharp decline in trading amid Covid-19

by Alphred Rhyman Agaba
The Uganda securities Exchange has imposed a security halt on the NVL counter effective February 11, 2022 until further notice
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Trading in the second quarter of 2020 registered a tremendous decline as Uganda’s equity markets continued to feel the impact of the COVID-19 pandemic. “While the ultimate growth outcome is still uncertain, and an even worse scenario is possible if it takes longer to bring the health crisis under control, the pandemic will result in output contractions across the vast financial market

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About the Author

Rhyman Alphred Agaba is a journalist, editor and radio/TV producer and entrepreneur based in Kampala.