The chartered UK-based KUEHNE +NAGEL cargo plane delivered the consignment of Uganda currency at Entebbe on April 27. The incident has since become complex with each government agency telling a ...

The gains that had made Uganda’s shilling the second-best performing African currency this year are evaporating after President Yoweri Museveni imposed harsher penalties against homosexuals.

Uganda’s shilling slumped to the lowest level ... a February law that toughened punishment for homosexual acts. The currency fell 1 percent to 2,616.50 per dollar by 5:11 p.m. in the capital ...

KAMPALA, May 6 (Reuters) - Uganda's central bank is considering whether to issue a digital currency and has not banned cryptocurrencies, but has concerns about risks from the technology including ...

In an interview with Business Power recently, Dr Adam Mugume Director Research Bank of Uganda said the current level of money in circulation is not bad arguing that currency as a percentage of ...

Uganda shilling and Tanzania shilling reported strong growth in value during the same week due to export growth and a ban on ...

Every government that came to power since 1971 made changes to the currency in circulation. Uganda’s currency has changed seven times since 1966, according to information from the Bank of Uganda ...

KAMPALA (Reuters) - Uganda's currency tumbled on Wednesday on concerns that a new anti-gay law will damage relations with Western countries alarmed at what they see as a government-backed ...

However, this is not the case. The main reason is the exchange rate or strength of the shilling against the Uganda currency, which leaves the Ugandan farmer with high purchasing power, or more ...

Federal agents determined the currency was being sent from Uganda. A fingerprint on one of the packages led them to Mr Gustafson, a US citizen who previously resided in Texas. Image caption ...

UGANDA Uganda's shilling is seen trading with a firming tone, bolstered by month-end foreign-currency inflows from non-governmental organisations. Commercial banks quoted the shilling at 3,646/ ...