Banking Africa 
UAE exchange opens in Kampala(Comments Off)
United Arab Emirate Exchange Centre , one of the leading exchange houses in the country had opened another branch in Uganda. The branch located at Amber House brings to two the numbers of branches the company operates in the country.
The exchange centre established in 1980 is the largest remittance and exchange house in the Middle […]
Shilling continues to Strengthen Against Dollar
The shilling is expected to hold on its gains against the dollar in the coming weeks as interest rates continue to rise.
Experts predict that this trend may go on until the end of June when the financial year ends.
The shilling rose against the dollar during the week closing 1568/73 from the 1580/1590 at the opening […]
UG Shilling compressed against dollar
The Ugandan shilling compacted against a dollar on the reverse side of antagonistic inflows from the development agencies that coordinated the available corporate demand, dealers alleged.
The shilling sealed a week at 1,746/1,751 to the dollar vis-à -vis the previous week’s 1,747/1,752 close .It is thus justifiable that the shilling has yielded good performance alongside a […]