Tag: Bank of Uganda
‘War’ cabinet, major shakeup in govt. departments expected soon
Last week, Cabinet Ministers kept their ears on radio and eyes on social media-all indications showed a reshuffle was imminent.
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Forecast indicate a bearish shilling on back of declining yields on...
By Stephen Kaboyo
The Uganda shilling weakened mid-week undercut by strong demand mainly from the interbank players building positions in anticipation of corporate activity on...
Shilling forecast: market players to stay on the fence
The Uganda shilling weakened mid- week on upsurge of demand from importers and interbank players.
Trading was in the range of 3710/3720. In the...
Bank of Uganda hailed across Africa for outstanding supervision and regulation...
Prof. Emmanuel Tumusiime-Mutebile on Thursday revealed that Bank of Uganda remains a role model Central bank in Africa.
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Uganda Shilling recovers its losses as demand wanes
By Stephen Kaboyo
The Uganda shilling inched lower crossing the key psychological level of 3700 early in the trading week undermined by pick -...
Shilling to face pressure in the coming weeks
By Stephen Kaboyo
The Uganda shilling was on the back foot, weakening as demand rebounded mainly from market players building positions in anticipation of dividend...
MPs want Sudhir compensated over Crane Bank closure
Parliament on Tuesday started debating the COSASE report on closed commercial banks. Some MPs proposed that government should compensate the owners of closed banks....
Outlook indicate a bullish shilling amidst anticipated thin demand
By Stephen Kaboyo
The shilling was on the front foot buoyed by subdued demand against fairly large flows from commodity exporters,
Trading in the range...
Shilling strengthens, appetite for dollars remains very weak
The Uganda shilling strengthened as demand remained dull with very weak appetite for dollars. .
On the supply side, dollar inflows improved, following renewed...
Shilling to come under pressure after seasonal slow down
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The Uganda shilling opened strong but ceded ground towards end of the trading week on account of...
