Kenya, Uganda to end oil import feud over licensing
28 Mar 2024 11:39 GMT
… said it will license the Uganda National Oil Company (Unoc), a … . We are working closely with Uganda to resolve the challenge.” Chirchir … spilled over to court when Uganda went to the regional court … and prop up the local currency, shilling.
Chesoli: The irony of a strong shilling
19 Mar 2024 21:21 GMT
… Additionally, a strong currency might erode competitiveness in … , Uganda, Tanzania, or Ethiopia.
Moreover, a robust shilling might … levels.
A depreciating shilling presents favourable conditions … significant impact of currency fluctuations on diaspora …
Ugandan shilling's downward spiral sparks concerns over inflation
08 Mar 2024 08:19 GMT
… showed that the Bank of Uganda increased its Central Bank Rate … of the country’s currency in February. The Ugandan Shilling has been on … s deputy governor noted.
The Ugandan Shilling's most recent … is projected to underperform, Uganda’s entry into the oil …
Uganda Hikes Rates to Stop Currency Weakening After LGBTQ Outcry
06 Mar 2024 12:43 GMT
… and support the battered shilling.
Policymakers raised the benchmark … 9.5%.Article content
Uganda’s shilling has weakened almost 8% … that criminalizes homosexuality. The currency fell to a record low … Atingi-Ego said.
The shilling was little changed at 3 …