Ali Twaha

1 month ago | newvision.co.ug | Ali Twaha

_______________The East African Securities Exchanges Association (EASEA) has appointed Paul Bwiso, CEO of the Uganda Securities Exchange (USE) as its new chairman. Bwiso succeeds Pierre Celestin Rwabukumba of the Rwanda Stock Exchange (RSE) in the role. Bwiso’s two-year term follows his election during EASEA’s 34th Consultative Meeting hosted by the Dar es Salaam Stock Exchange (DSE) in Tanzania.

1 month ago | newvision.co.ug | Ali Twaha

KAMPALA - The Ugandan shilling held steady on Tuesday, trading within the 3660/3670 range throughout the day as demand and supply for the dollar remained balanced, traders said. In the domestic money market, liquidity was healthy with overnight trades averaging 11.06% according to Absa market data.

1 month ago | newvision.co.ug | Ali Twaha

______________Lisbeth Jespersen, the Danish Deputy Permanent Representative to the UN organisations in Rome has urged the government to incentivise private sector actors to be able to make long-term investments in areas hosting refugees. This was after her visit to the West Nile region last week to assess the impact of Denmark's collaboration with the World Food Programme (WFP) in the area. Denmark contributed about $1m to provide food assistance to urban refugees during the COVID-19 pandemic.

1 month ago | african-markets.com | Ali Twaha

The Uganda Securities Exchange (USE) recorded a weekly turnover of sh466.1m after more than 4.87 million shares changed hands across eight counters. However, the performance was a decline from the previous week’s turnover of nearly 1b across more than 12.01 million shares traded according to Crested Capital. Umeme led trading activity, accounting for sh276m in turnover with 666,255 shares exchanged. Stanbic Holdings traded sh84.14m from 1.83 million shares.

1 month ago | newvision.co.ug | Ali Twaha

___________________The Uganda Securities Exchange (USE) recorded a weekly turnover of sh466.1m after more than 4.87 million shares changed hands across eight counters. However, the performance was a decline from the previous week’s turnover of nearly 1b across more than 12.01 million shares traded according to Crested Capital. Umeme led trading activity, accounting for sh276m in turnover with 666,255 shares exchanged. Stanbic Holdings traded sh84.14m from 1.83 million shares.