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Traders said that the currency remains in a consolidating phase and could move within the sh3525–sh3600 range in the near term.

The top 10 weakest currencies include the São Tomé & Príncipe Dobra and Guinean Franc, with countries like Nigeria and Egypt showing early signs of recovery.

The Bank Monetary Policy Committee considers the current Central Bank Rate level appropriate for controlling inflation. The IMF said Growth is expected to be relatively stable in 2025 in sub-Saharan ...

Don’t Embarrass Uganda Like Politicians Have Done Educationist urges learners not to fall in the footsteps of Ugandan ...

The shilling’s movement versus other global and regional currencies has been more pronounced, making the dollar an outlier in ...

President Yoweri Museveni addressed the people of Teso with a firm message that the government cannot provide direct ...

Kenyan lender KCB Group's first-half pretax profit rose 7%, helped by higher interest income, the bank said on Wednesday.

MTN Uganda reported strong results in key commercial and financial metrics during the first half of this year, despite ...

MTN Uganda CEO, Sylvia Mulinge, noted that the first-half result reflects a strong execution in a challenging operating environment ...