foreign exchange reserves Archives

Bank of Uganda kicks off domestic gold purchase from licensed miners in three-year pilot programme

The Bank of Uganda has officially launched a three year pilot Domestic Gold Purchase Programme, in a move aimed at strengthening and diversifying Uganda’s foreign exchange reserves through the purchase and processing

April 21, 2026

Banking & Financial Services·The Big Story

Nicholas Mukasa, the newly appointed Deputy Governor of Bank of Namibia

Nicholas Mukasa Appointed Bank of Namibia Deputy Governor

The Bank of Namibia has announced the appointment of Mr Nicholas Mukasa as Deputy Governor, marking a significant step in strengthening the central bank’s leadership as it navigates an increasingly complex economic

April 11, 2026

Banking & Financial Services·The Big Story

Kenya’s financial markets remained stable as the shilling held firm, remittances rose, and equities gained, even as bond market activity slowed and global pressures from oil prices and geopolitics intensified.

Kenya Shilling Holds Firm as Remittances Rise and Markets Show Mixed Signals – Central Bank Report

Kenya’s financial markets displayed a mix of resilience and caution during the week ending March 12, with the Kenya Shilling holding steady against major currencies. Remittances continued to rise, and equities posted

March 14, 2026

The Big Story