Markets

How the Uganda Shilling Defied Expectations and Shocked Economists for 11 Months

Uganda's Currency is Beating Regional East African Rivals – BOU Analysis The Uganda shilling has demonstrated a prolonged period of…

Why the Bank of Uganda Joined ‘Shining Gold Rush

When the Bank of Uganda announced its intention to purchase gold from artisan, small, medium, and large-scale miners, some players…

Uganda Proposes Gold Purchase Plan to Reinforce National Economy

Uganda is making strides towards reinstating the gold standard by proposing a purchase plan aimed at accumulating more gold to…

Uganda Shilling Holds Ground Against Dollar on Thursday

During Thursday's trading session, the Ugandan shilling maintained its stability against the US dollar, closing at levels of 3692/3702 compared…

Weekly Trading at USE Boosted by Umeme and MTN Uganda

The total turnover at the Uganda Securities Exchange (USE) increased by 15.17% on a week-on-week basis, reaching UGX 1.6 billion.…

Uganda Shilling Stays Steady as June Ends

The Uganda shilling traded relatively flat on the last trading day of June. The currency opened at 3,703/3,713, briefly strengthened…