Kampala, Uganda | THE INDEPENDENT | The Uganda shilling has appreciated by at least 5.2% against the dollar since March, thanks partly to money coming into non-governmental organizations and low demand for dollars by importers. According to the quoting this month by forex bureaus, the shilling has gained as much …
Read More »Sudhir suffers more losses
Property mogul Sudhir Ruparelia is reeling from yet another loss after Bank of Uganda shut down four forex bureaus belonging to him. In a statement BOU issued, the owners of the forex bureaus closed made no effort to renew them after their licenses expired on Dec 31. Two of the …
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