Uganda
Finance
The extreme volatility and uncertainty in international financial markets, combined with slowing global economic growth, continue to weigh heavily on sub-Saharan African (SSA) currencies....
2008-10-08Economy
East African currencies are suffering amid worsening global financial market turmoil and risk aversion, with the Kenyan, Tanzanian and Ugandan shillings all seeing losses in recent...
2008-10-07Economy
In line with our bearish view, the Ugandan shilling has continued to weaken in recent days, trading at a five-month low of UGX1,674/US$ at one point on October 2. Having sustained...
2008-10-02Economy
The pace of widening of the trade deficit has eased with the latest data release for July, However, despite robust coffee exports and an easing of global oil prices, we see Uganda's...
2008-09-26Economy
Trading at one point at UGX1,656/US$ on September 24, the Ugandan shilling continues to extend its depreciatory reversal begun in June 2008, having lost 6.2% against the US dollar...
2008-09-24Economy
As robust economic growth and high energy prices put upward pressure on the import bill, we expect Uganda's current account deficit to widen over the course of 2008. As energy prices...
2008-08-12Economy
Despite the recent easing in global food and energy prices, Ugandan inflation has continued to accelerate in July, with headline prices growing by 13.7% y-o-y. Exposed to external...
2008-08-06Economy
Uganda witnessed its largest annual inflation growth reading in over two years, posting CPI growth of 12.4% y-o-y, up from 11.2% y-o-y the previous month. This reading - the highest...
2008-07-01
