Monday, October 14, 2019
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Stock market: Stanbic Bank dominates trading as Umeme price falls

Market turnover fell to Ugx 2.5Bn ($742,679) from Ugx 5.12Bn ($1.52Mn) last week as the bourse registered less activity. Stanbic Bank Uganda dominated trading...

Uganda shilling to remain volatile

The Uganda shilling was on a losing streak in the first half of the week undermined by elevated demand levels but slightly gained  towards...

Uganda Shilling in three month record low

The surge in demand for Forex in the last couple of weeks pushed the Uganda Shilling to a three month record low.   The shilling breached the key...

Uganda Shillings bearish trend likely to continue

The Uganda shilling ( Ugx) continued on the downside, extending reversal of the rally seen in the last couple of months. This was...

Uganda Shillings recoups

The Uganda shilling tumbled in the early part of the week threatening to breach a key psychological level of 3400 but recouped some losses...

Diversify from oil, Uganda advised by World Bank

The World Bank Uganda Country Economic Memorandum titled “Economic diversification and growth in the era of oil and volatility,” cautions the government not to...

Shilling expected to remain stable in a well paired market

16th September 2016 …………………………………………………………………… The Uganda shilling traded sideways during the week. Demand was on and off as the corporate market focused on mid month tax...

Inflation rises to 6% on fuel, charcoal

After a declining trend since December 2015, the general rise in prices of goods and services – inflation – edged up by a higher...

Shilling: end month uptick in demand to trigger depreciation pressures

The Uganda shilling held firm against the dollar during the week on the back of improved commodity inflows as demand remained subdued. The unit...

Panic buying expected, as the Shilling faces more pressure

The Uganda Shilling depreciated to a three month low as demand surged mainly from energy and manufacturing sectors and the interbank.   The shilling breached a key...