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OBBO: Thriving in Kenya, slowly rising in Tanzania but absent in Uganda
16 Sep 2023 18:50 GMT
… East African economy, strongest currency, have combined with national … .
Whereas the Kenyan shilling traditionally gets wobbly during … : Why Kenya shilling is vanishing from Uganda market
The best … Wrapped into East African currency egoism is the ultimate …
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Potential implications of the World Bank’s loan suspension to Uganda
01 Sep 2023 21:32 GMT
… Association unit include; Uganda Climate Smart Agricultural … Bank announcement, the Ugandan shilling had posted the biggest … Shilling. As with any currency depreciation, the plunge of the shilling … Community will help Uganda mobilize extra forex, better balance …
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Citigroup Sees Silver Lining to Nigerian, Angolan Currency Rout
28 Aug 2023 16:18 GMT
… the worst-performing African currency this year, slumping more … 39% and the Kenyan shilling nearly 15%.
Nigerian President … make sure the official FX market can function smoothly in … to seek infrastructure financing include Uganda, Tanzania, Rwanda, Namibia, …
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Kenya banks book $100m forex gain from foreign units
25 Aug 2023 09:22 GMT
… into the group, the currency is translated into shillings … 18 percent against the Uganda shilling between June 2022 and … percent against the Tanzania shilling and Rwandese Franc respectively. … regional subsidiaries in Rwanda, Uganda and Tanzania, Mauritius and …
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Banks book Sh14bn forex gain from foreign units
25 Aug 2023 03:30 GMT
… and liabilities rise on forex market woes
Regional subsidiaries … into the group, the currency is translated into shillings … 18 percent against the Uganda shilling between June 2022 and … percent against the Tanzania shilling and Rwandese Franc respectively. …
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Uganda’s Umeme declares $10.38m interim dividend
22 Aug 2023 09:43 GMT
By BUSINESS DAILY
Uganda’s electricity firm Umeme … the strengthening of the Ugandan shilling against the local currency in the past … ($289.12 million).
Read: Uganda's Umeme dividend up … of reforms in Uganda’s electricity sector.
Read: Uganda in new wave …
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Why Kenya must cut costs to save the weak shilling
22 Aug 2023 05:31 GMT
… weakening exchange rate of the shilling.
Reduction would hit two birds … its down-time to punish Uganda on LGBTQ. Nor are there … on sovereign bonds in domestic currency while it could have access …
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BOU: Currency change policy to determine fate of 1000 shilling note
16 Aug 2023 19:07 GMT
… Uganda has clarified that the proposed replacement of the 1000 Shilling currency … technology.
Bank of Uganda Deputy Governor Michael Atingi … in net demand for currency (more withdrawals than deposits … finding that showed that currency notes, especially the …
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BOU: Uganda financial sector robust, to survive World Bank blacklist
15 Aug 2023 17:40 GMT
… at the Bankers conference.
Kampala, Uganda | THE INDEPENDENT | The … levels and to strengthen the Uganda shilling against the US dollar … Bankers Conference called by the Uganda Bankers Association, UBA, … that have started with forex bureaus and cash transfer …
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Uganda policy rate cut gives shocks and optimism
16 Aug 2023 21:39 GMT
… in upcoming debt auctions.
Uganda experienced signs of economic … As a result, the Uganda shilling fell to record lows against … massive speculation in the forex market by commercial banks … banking industry executives.
The Uganda shilling opened at Ush3,730 …