The Uganda shilling slumped to an all time record low against the dollar, breaching a crucial psychological level of 3800 on increased demand mainly from offshore portfolio investors exiting the…
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The Uganda shilling caught a breather in the early part of week but edged lower against the resurgent dollar at close of week as demand picked up mainly from the…
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The Capital Markets Authority (CMA) has attained UGX1.15 trillion in Assets Under Management (AUM) by licensed Collective Investment Scheme (CIS) managers, representing savings mobilized from Ugandans. This is a major…
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The Uganda shilling was on the back foot undermined by an upsurge in demand from importers and interbank. The unit lost its previous week momentum and traded at 3550/60.In fixed…
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The Uganda shilling was wobbly on uptick of interbank demand as business activity picked up following an Easter holiday break. Trading held in the range of 3525/3535.In the bond market,…
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Uganda’s Capital Markets have had an exceptional year. For one, Collective Investments Schemes (CIS) assets under management leapt 97.2% to UGX984b for the year ended December 2021. Accounts opened have…
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The Uganda shilling traded firmer, propped up by end month flows that improved supply levels amid subdued demand. Bid and ask held at 3585/95.In fixed income space, yields turned out…
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The local currency recovered from previous week’s losses amid a slow down in appetite for dollars . On the supply side, inflows from coffee and other commodity traders helped in…
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The Parliamentary Committee on Finance has approved the UGX6.4 billion budget for the Capital Markets Authority (CMA) for the Financial Year 2022/2023. The CMA leadership led by the Minister of…
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The Uganda shilling ticked slightly higher in thin trading on cautious optimism as the economy opens up. Sustained market inflows also worked in favour of the local unit. Trading was…
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