FinanceIndustry & Analysis

January 4 – February 11, 2022: Weekly financial markets review and outlook with Stephen Kaboyo

by Stephen Kaboyo
Stephen Kaboyo, Founder and Managing Director Alpha Capital Partners
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The Uganda shilling was relatively volatile as it responded to the demand and supply imbalances in the market. Investor sentiment and trading moves were see-sawing most of the sessions. Trading was in the range of 3510/20.In bond market, BOU converted UGX345.9 billion that were due to mature in June extending the maturities to 2023 and 2040. The market response was overwhelming, bids in excess of

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About the Author

Stephen Kaboyo is the Founder and Managing Director of Alpha Capital Partners, an indigenous Ugandan firm focusing on sovereign asset management, foreign exchange trading strategies and financial markets advisory.