The Ugandan shilling remained largely steady on Monday, with a marginal tilt towards weakness, due to increased demand for hard currency from energy importers, according to traders.

However, this is not the case. The main reason is the exchange rate or strength of the shilling against the Uganda currency, which leaves the Ugandan farmer with high purchasing power, or more ...

The Ugandan shilling was slightly firmer against the dollar on Friday on thinning foreign currency demand from merchandise importers and interbank players, traders said.

KAMPALA, March 31 (Reuters) – The Ugandan shilling was flat on Monday on the back of scant demand for dollars from all sectors of the economy, traders said. At 0955 GMT, commercial banks ...

The Ugandan Ministry of Finance has proposed significant tax hikes on cigarettes, locally brewed beer, and imported goods, aiming to generate billions of shillings for infrastructure development ...