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The shilling traded in the same narrow range market participants had widely anticipated, opening and closing at the 3580/3590 levels.
Financial experts say a stronger shilling may lead to reduced import costs and enhance purchasing power for foreign goods and services, and potentially contribute to lower inflation.
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As Uganda eyes its first oil production in June 2026, the 2025/26 budget reflects sharp increases in borrowing and infrastructure spending, raising debate over whether the country is pre-spending ...
"Uganda’s government committed over 3 billion shillings ($838,457) to host the 2025 Rugby Africa Cup. Morocco, Ghana and Ivory Coast have all supported events financially.
URC says that there are ongoing investments, which, when completed, will give it the capacity to transport 250,000 passengers every day ...
US Dollar (USD) United Arab Emirates Dirham (AED) 1 USD to AED = 3.6699 USD AED on 03/07/2025 US Dollar (USD) Albanian Lek (ALL) 1 USD to ALL = 83.0369 USD ALL on 03/07/2025 US Dollar (USD) Neth ...
Egypt’s Minister of Petroleum and Mineral Resources Karim Badawi announced on Tuesday, July 15, 2025, that legislative steps are underway to transform the Egyptian Mineral Resources Authority (EMRA) ...