With debt at record highs and new loans approved, Uganda faces growing pressure. Economists warn the strategy may backfire on ...

The Shilling has emerged as the most stable currency in the world, outperforming the UK Pound Sterling and the Hong Kong dollar, according to Ramadhan Ggoobi, the Permanent Secretary and Secretary to ...

KAMPALA, Aug 29 (Reuters) - Telecommunications firm Airtel Uganda said on Tuesday that it had set the price for its initial public offering at 100 Ugandan shillings a share, ahead of a listing on the ...

KAMPALA, May 25 (Reuters) - The Ugandan shilling gained 0.6 percent against the dollar on Friday, helped by inflows from coffee exports but traders expect some weakening next week in light of falling ...

(Bloomberg) -- Uganda’s shilling headed for the biggest drop in almost eight years as officials said they would need to revise the budget after the World Bank halted new funding to the country for its ...

KAMPALA, May 9 (Reuters) - Uganda&aposs shilling UGX= clawed back early losses on Friday, helped by the central bank draining shillings from the money market, traders said. Demand from foreign banks ...

The Ugandan shilling was unchanged on Monday amid subdued activity as most businesses stayed closed for the holidays. KAMPALA, Dec 27 (Reuters) - The Ugandan shilling was unchanged on Monday amid ...

KAMPALA, March 24 (Reuters) - The Ugandan shilling UGX= weakened on Monday as foreign-owned commercial banks stocked up greenbacks in preparation to make dividend payments abroad, but a scheduled ...

NAIROBI, Oct 3 (Reuters) - The Ugandan shilling was steady against the dollar on Wednesday after policymakers slashed official rates by 200 basis points and traders said foreign investor appetite for ...