(USD:UGX) Uganda Shilling Turns Worst Currency as Investors Sour on Local Debt
Ugandaโs shilling is bearing the brunt of rising US yields and foreign-investor selling as offshore holders trim their exposure to local-currency bonds.
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Ugandaโs shilling is bearing the brunt of rising US yields and foreign-investor selling as offshore holders trim their exposure to local-currency bonds.
Zambiaโs kwacha is up 14.8% against the US dollar in 2026 and Nigeriaโs naira 8.5%, while Ugandaโs shilling fell 10%: a ranking of 12 African currencies. The post Kwacha Leads African Currencies in 2026 appeared first on The Rio Times.
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UGANDA ยท HEALTH Key Facts —The country Uganda has built a small pharmaceutical industry and now buys most state medicines from local makers. —What happened The Pharmaceutical Society of Uganda asked government for a dedicated research and innovation fund. —Who said it Dr Steven Rutoti, the societyโs secretary general, made the call in Kampala on […] The post Uganda Pharmacists Press the State to Bankroll Home-Grown Medicines appeared first on The Rio Times.
The finance minister gave parliament a new date on 11 September. It is the seventh target since 2018, and the pipeline is now 98% buried. The post Uganda Oil Delayed Again, Now Targeting June 2027 appeared first on The Rio Times.