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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Kenya’s shilling weakened 0.44 percent against the dollar on Friday after the country’s Supreme Court declared President Uhuru Kenyatta’s election win invalid due to irregularities committed by the electoral board. At 0918 GMT, less than an hour after the court’s ruling, commercial banks quoted the shilling at 103.20/40 per dollar,
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By Godfrey Kenneth Gobba If you have failed miserably at something every time you’ve tried it, then perhaps you ought to try trading forex. The business of forex trading is one of those rare endeavors where doing less is ironically one of the main keys to success. Here are what
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