Stephen Kaboyo

Stephen Kaboyo is the Founder and Managing Director of Alpha Capital Partners, an indigenous Ugandan firm focusing on sovereign asset management, foreign exchange trading strategies and financial markets advisory.

Board members of BOU are paid a monthly retainer of UGX 5 million

MONEY MARKETS WITH STEPHEN KABOYO: UGX drops to weekly low after short-lived rebound

Following a short-lived rebound early in the week, the local currency fell to a weekly low, testing the resistance level of UGX3,800, undercut by a pickup in demand from market players as

April 10, 2020

by Stephen Kaboyo

15th May – 22nd May 2020: Weekly financial markets review and outlook with Stephen Kaboyo

The Uganda Shilling remained stable for most of the trading session, opening the week in the range of 3788/98 and closing at 3785/95 on the back of hard currency flows from the treasury auction and commodity exports amid depressed importer

May 22, 2020

by Stephen Kaboyo

May 13th – May 19th, 2023: Weekly financial markets review and outlook

The Ugandan Shilling was relatively stable with flows from commodity Exeter’s and offshore investors lending support.

January 4 – February 11, 2022: Weekly financial markets review and outlook with Stephen Kaboyo

The Uganda shilling was relatively volatile as it responded to the demand and supply imbalances in

29th May- 5th June: Weekly financial markets review and outlook with Stephen Kaboyo

The Ugandan Shilling this week, traded flat against a muted demand for the US Dollar. The shilling was on one hand supported by end month flows from charities and coffee export inflows

May 29, 2020

Banking & Financial Services

02nd May – 08th May 2020: Weekly financial markets review and outlook with Stephen Kaboyo

The UGX closed the week steady riding on the positive sentiment generated by the news of IMF disbursement designed to assist the country deal with the economic effects of Covid-19. Trading was

May 8, 2020

The Big Story

10th – 17th APRIL 2020: Weekly financial markets review with Stephen Kaboyo

The forex market was calm with the UGX trading flat for most of the trading sessions as market activity was at the lowest ebb. Market players were seen on the fence as

April 17, 2020

Banking & Financial Services·The Big Story

MONEY MARKETS WITH STEPHEN KABOYO: BoU expected to cut April 2020 CBR; Shilling stabilises after a string of losses

BOU to cut the policy rate for April 2020 Globally Central Banks have reacted en masse to prop up their economies in the face of the Covid-19. BOU is expected to move

April 3, 2020

Banking & Financial Services·Thought Leadership