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Tag: The Uganda Shilling weakens against the U.S dollar on Thursday as dollar demand persists

Markets

The shilling weakend against the U.S dollar on Thursday as dollar demand persists

29th June 201829th June 2018 EABW EditorComment(0)

BY CBA The Uganda shilling resumed its downward trend against the U.S dollar undermined by an uptick in greenback demand from the corporate sector and commercial banks. The USD/UGX pair closed within the 3870/3890 band from 3860/3880 on Wednesday. On the last trading day of the Financial Year 2017/2018, market chatter alludes to a relatively […]

In the market

KCB Partners with MTN, Airtel to Ease Access to Mobile Money
Markets

KCB Partners with MTN, Airtel to Ease Access to Mobile Money

21st September 2022 Godfrey Ivudria Comment(0)

KCB Bank Uganda has partnered with financial technology firms; MTN Mobile Money and Airtel Mobile Commerce Uganda to introduce two Trust accounts that will enable mobile money traders and consumers to access electronic cash or what is commonly known as float. The MTN and Airtel Trust Accounts offer merchants, super dealers, Airtel money, and mobile […]

Kshs.120B to Support Petroleum Imports by KCB  

Kshs.120B to Support Petroleum Imports by KCB  

19th September 2022 Godfrey Ivudria Comment(0)

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