19.8 C
Kampala
Tuesday, April 24, 2018
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Shilling to remain strong in the coming week

The Uganda shilling maintained a firm stance, with a bit of volatility mid week due to a slight pickup in demand but thereafter, improved...

Shilling to remain flat on account of subdued demand

The Uganda shilling remained stable amidst muted demand as most corporates stayed out of the market focusing on mid month tax obligations. Trading was...

African capital markets declined in 2016 amidst economic uncertainty -report

2016 marked a challenging year for African equity markets in the wake of lower economic growth and political upheaval around the globe, largely as...

BoU reduces CBR to 11.5% on the backdrop of easing inflation

The consumer price index (CPI) data for January 2017 indicates a mixed picture of inflation outturn. Higher inflation for food crops as well as...

Uganda Shilling stable

The Uganda shilling remained firm during the week, with mild appreciation on account of subdued market activity and Bank of Uganda (BoU) open market...

Mixed fortunes for the Uganda Shillings

The Uganda shilling was relatively stable, but slightly weakened mid week as demand picked up. The Bank of Uganda open market operations offered some support. Trading was...

Shilling to remain stable

The Uganda shilling strengthened against the dollar on account of improved foreign Exchange supply mainly portfolio flows targeting the Treasury bond auction. Trading was in...

Uganda shilling gains

By Stephen Kaboyo The Uganda Shilling (Ugx) strengthened during the week and touched  a three week high on account of improved foreign exchange  inflows mainly...

Domestic economic imbalances, dollar strength, to weaken the shilling further

By Stephen Kaboyo The Uganda shilling was on the back foot in the first full trading session of the year, inching lower as both global and domestic market...

2016 Year in Review and Outlook for the shilling

By Stephen Kaboyo 2016 has been a rather challenging year. There was a general slowdown in almost all sectors of the economy.   A number of economic...