Category Archives: ugandaNews

FEATURE-For drought-slammed farmers, changing old ways takes time – and cash

CAPE TOWN, July 20 (Thomson Reuters Foundation) – In the
parched, mountainous hills of Leliefontein, in South Africa’s
northwest Namakwa district, farmers have long made a living
raising oxen and goats.

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Uganda shilling unchanged amid low appetite for dollars

KAMPALA, July 20 (Reuters) – The Ugandan shilling was
unchanged on Friday, amid a slowdown in dollar appetite from
both commercial banks and importers, traders said.
At 0725 GMT, commercial banks quoted the shilling at
3,735/3,745, same lev… Continue reading

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WEEKAHEAD-AFRICA-FX-Kenyan shilling seen on back foot, others steady

NAIROBI, July 19 (Reuters) – Kenya’s local currency is
likely to come under pressure next week but the Nigerian,
Zambian and Ugandan currencies should remain stable.

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Uganda shilling a touch firmer as banks pare positions

KAMPALA, July 19 (Reuters) – The Uganda shilling was
a touch stronger on Thursday, helped by a sell-off of hard
currency in the interbank market amid ebbing demand, traders
said.
At 0940 GMT commercial banks quoted the shilling at
3,735/3,74… Continue reading

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Airbus inks deal to sell passenger planes to Uganda

NAIROBI, July 18 (Reuters) – Airbus said on
Wednesday it had signed an agreement to sell two commercial
passenger planes to Uganda as part of the country’s plan to
revive its national airline which has been defunct for years.

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Ugandan shilling weakens as demand from energy, manufacturing firms weigh

KAMPALA, July 18 (Reuters) – The Uganda shilling
surrendered some of its recent gains on Wednesday, pressured by
a surge in demand from commercial banks and firms in energy and
manufacturing sectors, traders said.

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Ugandan shilling extends gains on interbank sell-off

KAMPALA, July 16 (Reuters) – The Uganda shilling
extended its recent gains on Monday, lifted by a sell-off wave
as commercial banks sought to trim their hard currency
positions, traders said.
At 0843 GMT, commercial banks quoted the shillin… Continue reading

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Uganda shilling extends gains, helped by charity groups flows

KAMPALA, July 13 (Reuters) – The Uganda shilling
extended this week’s gains on Friday helped by dollar inflows
from charities and subdued demand from commercial banks and
importers, traders said.

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Ugandan lawmakers to get sharpshooters and armoured cars for security

KAMPALA, July 12 (Reuters) – President Yoweri Museveni has
approved increased security spending for Uganda’s 456 members of
parliament – including on sharpshooters and armoured escort
vehicles – after a ruling party lawmaker was shot dead.

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Ugandan lawmakers to get sharpshooters and armoured cars for security

KAMPALA, July 12 (Reuters) – President Yoweri Museveni has
approved increased security spending for Uganda’s 456 members of
parliament – including on sharpshooters and armoured escort
vehicles – after a ruling party lawmaker was shot dead.

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