The Uganda shilling surrendered some ground shedding off at least 15 units on the back of heavy demand from fuel importers stocking up for end of year. Trading was in…
The Uganda shilling steadied against the dollar, recouping its losses, largely supported by offshore dollar inflows. The dollar- UGX rate hovered around 3550 throughout the week. In the regional markets,…
The Uganda shilling showed its volatile side in recent days having endured a torrid time last week crossing a key level of 3650 against a resurgent dollar. This week how’re…
The local currency backtracked to hit record lows on demand jitters, testing a key level of 3600. Demand was mainly from oil importers and some interbank activity. In fixed income,…
The local currency was up against elevated demand, trading weaker touching a key level of 3550 with the bearish mode likely to linger on. In the fixed income, yields on…
Uganda Securities Exchange’s (USE) Securities Depository USE SCD has today launched a digital Securities Central Depository (SCD) account opening platform in partnership with MTN Mobile Money in a bid to…
By Julius Masaba Many shareholders have been attending annual general meetings (AGMs) physically. Personally, I have attended some, it’s quite an experience. You get to mingle with other shareholders, the…
The local currency traded unchanged, underpinned by seasonal month end flows that improved supply conditions amid sluggish demand. The currency held in the range of 3530/40. In the regional markets,…
The local unit was relatively stable with a bit of interbank demand that emerged well managed by the available supply in the market as players squared off. Trading held in…
The Uganda Shilling was slightly firmer on account of subdued demand from the main players in the market. Trading held in a narrow range of 3525/35. In the fixed income…