The Uganda shilling held steady, trading within range amid low dollar appetite across all sectors. Supply was beefed up by end month conversions. The unit was quoted at 3800/10. The Kenya shilling was equally stable trading at 119.90/120, but was expected to ease on increased dollar demand from oil companies. In the fixed income market, yields remained relatively flat at 9.000%, 11.499% and 14.000%. With elevated inflation risk and other key metrics, the yields may struggle to remain at the current levels in the near term. In the global financial markets, September got off a bumpy start as persistent worries…
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