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Tag Archives: Markets

Markets adopting COVID-19 preventive measures to combat the spread

Kampala, Uganda | THE INDEPENDENT | The coronavirus pandemic has prompted the administrators of Nakawa, Usafi, Nakasero, Wandegeya, and Kalerwe markets to lay strict to protect vendors and their clients from infection Various markets have gazetted hand washing points at their entry and deployed personnel to ensure all people comply. …

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Construction of cross border markets in Amudat near completion

Amudat, Uganda  | THE INDEPENDENT |  Amudat District is set to get a boost in trade after completion of two cross border markets. The markets are being constructed by Amudat District local government with support from Mercy Corps, Development Initiative for Northern Uganda (DINU) and government of Uganda, through the Resilience …

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Blip or bust: coronavirus economic impact still in doubt

Paris, France | AFP |  Markets have shuddered as the coronavirus spreads worldwide, but analysts doubt it will plunge economies into a crisis like the one that followed the 2008 Lehman Brothers investment bank failure. Where will the market slide end? Stock markets held up fairly well in the first weeks …

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JOBS: Market Construction supervisors

  Kampala, Uganda | THE INDEPENDENT | Uganda MINISTRY OF GENDER, LABOUR AND SOCIAL DEVELOPMENT Department of Employment Services, Internal Employment Unit WANTED: Construction Supervisors (20) • Bachelor’s degree in Construction, or Engineering preferable. • 5-10yrs experience in the construction industry required DEADLINE: March, 10- 2020 CLICK HERE Share on: WhatsApp

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Wall Street sinks as skyrocketing oil prices rattle nerves

New York, United States | AFP |  US stocks sank into the red on Monday as attacks on Saudi crude production and record jumps in oil prices whipped up investor anxieties about the global economy. Saturday’s devastating attacks on Abqaiq — the world’s largest oil processing facility — and the …

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Refinitiv, BOU and ACI enhance market transparency in Uganda

BOU, ACI move to work with Refinitiv, further cements Uganda’s efforts to attract long-term foreign direct investments  Johannesburg, South Africa | THE INDEPENDENT |  Refinitiv, the Central Bank of Uganda BOU, and the ACI Financial Markets Association of Uganda have announced that they will be working together to strengthen Uganda’s trade …

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Bitcoin drops below $6,200 for first time in three months

Tokyo, Japan | AFP | Bitcoin plunged 20 percent to a three-month low on Tuesday, its latest sharp loss following a series of setbacks for the cryptocurrency that, with a collapse across global mainstream markets adding to the selling. The virtual currency fell to $6,190 for the first time since mid-November, …

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Dollar losses mount as investors spooked by Mnuchin comments

Hong Kong, China | AFP | The dollar took another beating on Thursday after two of Donald Trump’s top cabinet members talked down the currency and hinted at a more belligerent trade policy. The sell-off in the greenback especially hit exporters on Japan’s Nikkei index, which tumbled for a second straight …

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