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Sep 6 results
10:01
10:01

Dollar Weakens Further, Experts Expect it to Stay Flat Longer foreign exchange

The Bank of Uganda put the official exchange rate for the dollar at 3,529.39 buying and 3,539.39 selling by the close of the day. This was slightly firmer for the local currency from the opening of the day when the central bank quoted it at 3,530.22 buying and 3,540.22 selling.
12:07
12:07

Amuru Farmers Venture Into Cashew Nuts Growing foreign exchange 3 2

The perennial tree starts bearing fruits after three years of planting and usually each tree can reach full bearing capacity during tenth year while giving remunerative yields for another 20 years.
10:32
10:32

Rwenzori Clashes Take Toll on Hotel Business foreign exchange 1 2

Rose Mwijukye, the general manager Agip Motel, says between 50 and 100 tourists would make a stopover at the motel on a daily basis on their way to Bwindi impenetrable Forest, Queen Elizabeth national park and Rwenzori mountains before the Rwenzori clashes. According to Mwijukye, they have lost close to Shillings 100 million in two weeks because of the sudden cancellation of bookings by tourists mostly from USA.
05:27
05:27

Diaspora Community Calls for an Investment Policy investiment policy 3

The Ugandan Diaspora Community is calling for the establishment of an investment policy that will help channel remittances into investment avenues back home.
14:12
14:12

BOU Predicts Brighter Economic Outlook, Reduces CBR to 17% inflation

The governor attributes the brighter economic outlook to declining inflation from 18% in June to 14.3% in July, stagnation in the domestic credit and aggregate demand, stability of the foreign exchange rate and decline in global and local commodity prices.
Sep 6 results