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Tag: Uganda shilling

President Yoweri Museveni’s 2012 new year message address

Fellow Ugandans,   I congratulate you all, upon the completion of the year 2011 and wish you a prosperous 2012.   I wish to convey my sympathies to all who have experienced ...

Uganda 50,000 Shilling Note Wins Global Award

The International Bank Note Society’s (IBNS) ‘Banknote of 2010’ is Uganda’s 50,000-shilling note.  This year, for the first time, the award was decided by a popular vote by members of ...

Bank of Uganda concerned at continued depreciation of shilling

The shilling traded weak against the US dollar and other major currencies during the week to closing at 2,680 to the US dollar. , That is nearly 3% depreciation from ...

Defiant Kampala traders insist on strike despite Museveni promise to meet over issues

The meeting held between the minister of Trade and Industry Ameria  Kyambadde and kampala City Traders Association top executive has ended with both sides failing to reach a final conclusion geared at seeing off the ...

Kampala traders announce strike of depreciation trend of Uganda shilling

Traders in Kampala have announced a massive sit down strike starting Wednesday and Thursday next week that will see the whole business community in the country keep home for those ...

Uganda shilling dips against the US dollar in the money market

The Ugandan shilling has hit a record low value against the U.S. dollar currently selling at about 2,410 to one US dollar. The shillings started losing again against the dollar ...

Bank of Uganda tightens circulation Uganda shilling to curb weakness against US dollar

The Bank of Uganda is reducing the circulation of the Uganda shillings in an attempt to strengthen the local currency against the dollar and stabilize the economy. The Director of ...

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