Tag: shilling

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Ugandan Shilling expected to grow weaker by 5 percent

Patrick Mweheirwe, Stanbic Bank?s Chief Executive Officer (CEO) said the shilling is expected to depreciate by a further 5% before the end of this...

Uganda shilling touched 2940/50 level in trading

After several interventions, the shilling had closed at 2926/36 on Friday. Daniel Sage Muganza, a forex trader at Centenary Bank, said the shilling had touched...

Ugandan general inflation in the construction sector decreased by 3.3%

Data from the Uganda Bureau of Statistics (UBOS) indicate that general inflation in the construction sector decreased by 3.3% last year due to a...

Why Uganda shilling fall against dollar.

Bank of Uganda explains shilling fall against dollar. This according to the bank was mainly for two reasons. First the dollar has itself strengthened...

British American Tobacco company wins case in Kenya

In the case filed by cigarette maker British American Tobacco (BAT), the taxman lost more than a half a billion shillings, where BAT was...

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24 Hour Economy Defends Record Against Critics

Ghana's 24 Hour Economy Secretariat is disputing Minority claims...

Ghana Card Now Requires Biometric Verification

Ghana has made biometric verification the only lawful way...

NACOC Seizes GH₵100m Tramadol At Airport

Ghana's Narcotics Control Commission arrested three suspects after intercepting...

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