Economy
Uganda Shilling Forex Rate – Sunday, 21st Jan, 2024
Exchange rates are indicative and subject to change. Country Exchange Rate (UGX) Kenya 23.68 Tanzania 1.5 South Africa 199.88 United…
Museveni Advocates Mutual Gains in Sino-African Trade
President Yoweri Museveni has actively championed for expanded market frontiers in China to strengthen the enduring ties between Kampala and…
BoU Report: Loans to Private Sector Hit UGX 5 Trillion in Three Months
Regulated financial institutions in Uganda approved loans to the private sector amounting to 5.1 trillion Shillings in the three months…
BoU Revokes License of EFC Uganda Limited, Orders Winding Up
The Bank of Uganda (BOU) has taken the decision to revoke the license of EFC Uganda Limited, a microfinance deposit-taking…
Ugandan Shilling Declines Against Dollar Amidst High Demand
The Ugandan shilling continued its depreciation against the dollar on Wednesday. Absa traders attributed the weakening to robust demand for…
Uganda and Cuba Strengthen Economic Bonds with New Bilateral Trade
Uganda and Cuba have signed a Memorandum of Understanding (MoU) on bilateral trade cooperation. The agreement, inked on Thursday evening…
