Another positive in the budget is the Shs 1.4 trillion allocated to domestic arrears, up from Shs 200 billion in the current fiscal year. This will go a long way in injecting much-needed liquidity into companies that have provided goods and services to the government but have not been paid …
Read More »Centenary bank boss sees stable shilling in new week
Kampala, Uganda | THE INDEPENDENT | Julius Businge | Centenary Bank General Manager in charge of financial markets Benoni Okwenje says the Uganda shilling trading with other foreign currencies’ especially the US dollar will largely remain unchanged in the week that starts tomorrow. In a notice dated April 24, Okwenje said: …
Read More »