The Uganda shilling was relatively stable following the Central Bank slight reduction of the policy rate from 10% to 9.5% during the week ending 6th October 2017. Market demand and supply dynamics were at par, with some players seen building positions ahead of a short trading week of independence holiday.
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The Uganda Securities Exchange (USE) has received a formal approval from the Capital Markets Authority (CMA) to operate a demutualised stock exchange. This means that USE will become a company limited by shares with a change in its governance and managerial structure. Previously, USE has been a mutual company limited
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The Uganda shilling held firm on account of improved end month inflows despite protests against age limit removal motion that dominated the week. Trading was in the range of 3595/3600 during the week ending 29th September 2017. In the inter-bank shilling market, overnight funds traded at 8% while the 1 week
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Uganda Securities Exchange (USE) on Wednesday launched the ‘USE University Challenge’ in a bid to inculcate an investment culture among students in Universities across the country. The Challenge seeks to give the youth a platform to trade and understand how to invest in shares and bonds listed on the bourse.
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The Uganda shilling was stable during the week ending 22nd September 2017 supported by the Central Bank tightening through repo operations while supply and demand remained fairly balanced. Trading was in the range of 3590/3600. In the regional currencies, the Kenya shilling held its ground as markets expected the Central
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The Uganda Shilling was relatively stable supported by buoyant inflows on account of portfolio flows targeting the government securities market amid weak demand during the week ending 15th September 2017 Bank of Uganda open market operations also rendered some support. Trading was in the range of 3595/3605. In the fixed
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Apple has revealed a high-end smartphone with an "edge-to-edge" screen that has no physical home button. The iPhone X - which is referred to as "ten" - uses a facial recognition system to recognise its owner rather than a fingerprint-based one. Apple said FaceID can work in the dark by
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The Uganda shilling maintained a firm stance, trading in the range of 3595/3605 supported by improved inflows mainly from commodities. Demand remained low during the week ending 8th September 2017. In the interbank money market, there was sufficient liquidity; rates remained stable with overnight funds trading at an average of
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By Godfrey Kenneth Gobba What if you could borrow a hundred million bucks from your bank, invest it in the Stock Market and double your money in two months? What if you could borrow a billion bucks from your bank, invest it in Bonds or Treasury Bills and earn hundreds
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The Uganda Shilling maintained a stable stance, supported by end month inflows mainly from NGO's and commodities amid very low demand levels in the market during the trading week ending 31st August 2017. Trading was in the range of 3585/3595. Similarly, in the interbank money market, rates remained stable with
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