Naija Gist - Latest

Uganda's change in its net foreign assets raises concerns

In March of this year, Uganda's net foreign assets climbed by Shs29 billion ($7.8 million), showing a slow but steady inflow of foreign money. The pressure on the local currency has decreased as a ...
Naija Gist - Latest

Uganda’s inflation rate to drop by 8% in 2023

Uganda has been projected to experience some economic relief via the reduction of its inflation rate by 8%. This forecast was estimated by the country’s central bank. The Bank of Uganda noted that ...
Reuters

Uganda's currency expected to fall, most others seen steady

KAMPALA, Feb 26 (Reuters) - Uganda's currency is expected to weaken against the dollar in the next week to Thursday, while those of Nigeria, Ghana, Kenya and Zambia should be little changed, traders ...
CNBC Africa

Uganda’s currency expected to fall, most others seen steady

Uganda shillings. Uganda. (Photo by: Godong/Universal Images Group via Getty Images) KAMPALA, Feb 26 (Reuters) – Uganda’s currency is expected to weaken against the dollar in the next week to Thursday ...