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Uganda Shilling drops more than UGX130 in 2 days after World Bank reacts to Anti-Homosexuality Act Experts fear it could get worse before it gets better, should other jittery and activist-besieged international lenders be emboldened by the World Bank’s cue

by Muhereza Kyamutetera
The Ugandan Shilling has had a strong H1 2023 as was expected to remain strong throughout 2023 before the World Bank's disruption.

As Uganda comes to terms with the suspension by the World Bank of any future lending to the country over its recent passing of the Anti-Homosexuality Act (AHA) and what…

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About the Author

Muhereza Kyamutetera is the Executive Editor of CEO East Africa Magazine. I am a travel enthusiast and the Experiences & Destinations Marketing Manager at EDXTravel. Extremely Ugandaholic. Ask me about #1000Reasons2ExploreUganda and how to Take Your Place In The African Sun.

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