Shilling Holds Steady Against the Dollar Amid Strong Inflows
The Ugandan shilling remained stable against the dollar throughout the week, supported by strong inflows from commodity exporters and remittance firms, which outpaced corporate demand. By Friday morning, the local currency was trading at 3668/3678, strengthening from the week’s opening levels of 3677/3687. In the near term, we expect the
President Yoweri Museveni is entitled to his opinion
A daily of February 3, 2025, preposterously bellowed a headline, “Museveni vs the law.” Elsewhere, the same daily heckled online “lawyers, activists take on Museveni over remarks on Supreme Court (SC)ruling.” In both its print and online reporting, the daily seemingly crowned some self-appointed activists and analysts as spokespeople for
