News
Dollar Inflows Boost Uganda Shilling Recovery
The Uganda shilling managed to recover some of its losses against the dollar on Thursday. Traders attributed this improvement to…
Uganda Shillings Forex Rate on Friday, 1st March 2024
Today's Forex Rates Currency Exchange Rate (UGX) Euro 4278.05 DR Congo 1.42 United States 3935.63 South Sudan 2.79 South Africa…
Inflation Surges in February Due to Schools’ Reopening
Uganda's annual inflation rate saw an uptick to 3.4% in February, compared to 2.8% in January, as reported by the…
Minister Kitutu Summoned to Court Over 1.5 Billion Shilling Loss
The Nakasero-based Anti-Corruption Court has issued a directive for the appearance of Karamoja Affairs Minister, Mary Goretti Kitutu, in response…
Pivot Payments Limited Operations Suspended by Bank of Uganda
Bank of Uganda (BoU) announced on Thursday, February 29, 2024, that it had suspended the operations of M/s Pivot Payments…
Wealth Creation at the Forefront of Museveni’s Presidential Address
President Yoweri Museveni recently addressed the nation, expressing his aversion to being surrounded by poverty and emphasizing the importance of…
