gaziantep escort,escort bayan,beylikdüzü escort,
alanya escort,gaziantep escort
Paul Bwiso, the Chief Executive Officer of the Uganda Securities Exchange (USE), has been appointed the new Chairman of the East African Securities Exchanges Association (EASEA), following the association’s 34th…
The government of Uganda’s continued uncontrolled borrowing from commercial banks via government securities and at anti-market rates to the detriment of the private sector dominated the greater part of the just-ended Absa 2024 Economic Outlook Forum. Various experts called out the government for failing to tame its growing appetite for borrowing from the local markets and at double-digit rates, something that is increasingly making it unattractive to lend to local businesses especially SMEs and startups on one hand while also killing venture capital options as the pension funds, whose long term funds would be a reliable source of very affordable…
This Is Premium Content. Subscribe And Save On Unlimited Access With Our Best Offers!
Ahead of the event, David Wandera FCCA, the Absa Executive Director & Head of Financial Markets discusses the financial markets landscape in 2023 and why it is important for financial markets actors, policymakers and other stakeholders to attend and or follow the release of the #AFMIIndex2024. From your perspective as a key financial markets actor in Uganda, how did Uganda’s financial markets perform in 2023? The Ugandan financial markets performed well – especially when compared to global and regional financial markets. Specifically, the currency remained fairly stable – depreciating less than 2% compared to several other African currencies that depreciated…
This Is Premium Content. Subscribe And Save On Unlimited Access With Our Best Offers!
Ramathan Ggoobi, the Permanent Secretary and Secretary to the Treasury (PSST) and Dr. Michael Atingi-Ego, the Bank of Uganda Deputy Governor are headlining this year’s Africa Financial Markets Index (AFMI) Report Presentation and Economic Outlook Forum. Now in its seventh year, the Africa Financial Markets Index (AFMI) is a collaboration between the Absa Group and the Official Monetary and Financial Institutions Forum (OMFIF). Each year, the AFMI assesses 28 African nations on economic development using specific indicators that consider market accessibility, transparency, and openness. Ggoobi who is the chief guest and Dr. Atingi-Ego, the keynote speaker, are both accomplished economists…
This Is Premium Content. Subscribe And Save On Unlimited Access With Our Best Offers!
The Ugandan Shilling was relatively stable with flows from commodity Exeter’s and offshore investors lending support. The unit held in a narrow range of 2715/25. In the neighbouring Kenya market, the Kenyan Shilling lost ground on elevated dollar demand from various sectors, trading at 137.38, and was kept to surrender more ground. In the bond market, the 5 and 20-year bond yields held at 14.750% and 16.250%. The market tendered UGX 726 billion against the offered UGX400 billion. However, the Bank of Uganda was only able to take up UGX226 billion, being mindful of premium bids and their impact on…
This Is Premium Content. Subscribe And Save On Unlimited Access With Our Best Offers!
What is the Wezimbe Unit Trust? Wezimbe Unit Trust is an investment product that enables you to pool your money together with other investors to create a large fund. This Fund is managed by a professional Unit Trust Manager who invests in a wide range of securities e.g. Shares, Treasury bonds, Treasury bills etc) to get a favourable return on your investment. Does it offer a fixed rate of return on your investment? No, the rate of return on your investment depends on the trends in the investment environment and financial markets. The likelihood of no return on investment is…
This Is Premium Content. Subscribe And Save On Unlimited Access With Our Best Offers!
Ugandan financial markets have been ranked in the top spot in East Africa and the fifth on the African continent, according to the just-released 2021 Absa Africa Financial Markets Index. A collaboration between the Official Monetary and Financial Institutions Forum (OMFIF) and Absa Group Limited the index assesses the progress and potential of 23 African financial markets, across six key pillars, namely: market depth, access to foreign exchange, market transparency, the capacity of local investors, macroeconomic opportunity, and the legality and enforceability of standard financial markets master agreements. A higher index and or rank means that a country’s financial markets…
This Is Premium Content. Subscribe And Save On Unlimited Access With Our Best Offers!
The amount of money where borrowers have not made any payments for at least three months grew by 15 per cent to UGX783 billion between January and March 2020, the Bank of Uganda has said. This is a growth from UGX666.3 billion of loans not being paid as registered in December 2019.Also referred to as non-performing loans (NPL), their growth is an indicator of a bad economy where borrowers are unable to work and honour their loan obligations. For the NPL, banks still have hope of recovering it.The Central Bank’s quarterly financial stability report says the trend of people failing…
This Is Premium Content. Subscribe And Save On Unlimited Access With Our Best Offers!
Ahead of the Central Bank’s announcement of its June 2020 Monetary Policy, experts have predicted that Bank of Uganda, will further cut its Central Bank Rate (CBR), in a bid to stimulate economic growth. If this comes to pass, this will be the second time the Central Bank is cutting the CBR to historic lows following an April 6th decision to reduce it by 1 percentage point to 8 per cent- the lowest-ever rate since the CBR was introduced as a monetary policy tool, back in July 2011, then at 13per cent. In May, the CBR remained at 8 per…
This Is Premium Content. Subscribe And Save On Unlimited Access With Our Best Offers!
beylikdüzü escort
beylikdüzü escort
