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Tuesday, August 22, 2017
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Uganda’s imports banned from Russia-watchdog

Rosselkhoznadzor bans import of fruit, vegetables and flowers from Uganda because of concerns that prohibited products may be supplied through smuggling to Russia, official...

Uganda Shilling gyrates as the Dollar drops

The Uganda shilling gyrated within a range, weakening as demand surged on account of interbank buying and importers forex needs. In the money market,...

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...

Shillings on the back foot, expected to remain softer

The Uganda shilling was on the back foot during the week due to increased appetite for dollars by commercial banks, energy sector and...

Chinese Currency gains momentum across India

Recent SWIFT data shows that India’s use of RMB for payments in value with China and Hong Kong is on the rise, but the...

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...

Investment flows through offshore hubs fall, but remain at high level

The volatility of investment flows to offshore financial hubs – including those to offshore financial centers and special purpose entities (SPEs ) –...

Shilling gains ground, Bond auction oversubscribed

The Uganda shilling gained ground on the back of offshore flows targeting the bond market amidst sluggish appetite for the green bucks. The unit...

African Capital Markets reflect strong figures for 2015 – but challenging...

The year 2015 was a challenging year for African capital markets in the wake of market volatility and the emergence of renewed global economic...

Chinese currency remains the 5th most active currency for global payments-SWIFT

In December 2015, the RMB remained stable in its position as the fifth most active currency for global payments by value and accounted for...