Shilling holds range on remittance inflowsTraders said trading was characterised by subdued dollar demand, with most corporate players remaining on the sidelines as market activit…
The story
________________The Uganda shilling was largely unchanged against the dollar in Monday’s session, holding at 3,645/3,655.Traders said trading was characterised by subdued dollar demand, with most corporate players remaining on the sidelines as market activity continues to recover in the early days of the new fiscal year.Richard Nsubuga, a market analyst, said inflows from the commodity sector and remittance companies provided adequate support, helping to keep market conditions balanced and the currency stable.Exim…
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Details
As behind-the-scenes negotiations continue over the reopening of Nation Media Group (NMG) Uganda, Daily Monitor co-founder Phillip Wafula Oguttu has cautioned against any agreement that would give the government influence over editorial decisions. He warned that such an arrangement would undermine the newspaper’s founding principle of editorial independence. Oguttu said the Daily Monitor was established […] The post Monitor co-founder Wafula warns against trading independence for reopening appe…
How other sources reported it
Observer Uganda also reported on the story, highlighting that as behind-the-scenes negotiations continue over the reopening of nation media group (nmg) uganda, daily monitor co-founder phillip wafula oguttu has cautioned against any agreement that would give the government influence over editorial decisions. he warned t…
Why it matters
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