The Uganda Shilling weakened slightly on account of elevated demand from energy and manufacturing sectors but stabilized at close of the week ending 4th August 2017 as demand waned. Trading was in range of 3610/3620. In the fixed income market, BoU offered 170 billion in the Treasury bill auction. Yields
Read More
The Uganda Shilling held firm against the US dollar in the week ending 28th July 2017 supported by the Central Bank mopping of excess liquidity. Demand remained low. Trading was in the range of 3690/3600. In the fixed income market, there was no primary auction for government securities. “Shilling forecast
Read More
By Godfrey Kenneth Gobba The concept of investing our money in financial assets like Stocks, Treasury Bills and Government Bonds is still very foreign to many of us and remains subject to public skepticism. Historically, the only assets we knew were land and houses, but here are three reasons why
Read More
By Godfrey Kenneth Gobba Most people acquire property either by saving up enough money to buy it or by using banks money to buy it. Those that choose to borrow money from the bank know that coming up with collateral is definitely not easy. But what if there was a
Read More
The Uganda shilling held firm against the US dollar on the back of subdued market activity as most players stayed out of market due to mid month tax payments. Trading was in the range of 3580/3590 during the week ending 16th June 2017 In the fixed income market there was
Read More
The Bank of Uganda (BoU) has said that genuine liberalization of the pensions sector will play a big role in the growth of Uganda's capital markets and the economy at large. This was revealed by Dr. Louis Kasekende, the Deputy Governor, BoU at the of launch of the 10-Year Capital
Read More
The government of Uganda has disclosed why the Uganda Shilling will weaken further in the medium term. This is contained in the background to the budget for Financial Year 2017/18. “Over the medium term, the Shilling is expected to continue weakening on account of global financial conditions, weak current account
Read More
The Bank of Uganda (BoU), the regulator of Uganda’s financial sector has spoken out for the first time on the ongoing public debate about the recent burial of socialite Ivan Ssemwanga where lots of money (Uganda Shilling notes) where thrown into his grave. The public has come out to demand
Read More
By Godfrey Kenneth Gobba Over the years I have interacted with hundreds of people that come to me for help with their investments and I have come to notice a consistent pattern of thought. Almost everyone I meet that has not yet started consistently investing their savings is waiting for
Read More
The Uganda shilling shed its gains against the US dollar as demand picked up mainly from commercial banks building positions and a bit of import demand during the week ending 12th May 2017. Bank of Uganda (BoU) was in the market propping up the currency through repo operations. Trading was
Read More
