• Home
  • About
  • Join Us
  • Contact
93.3 KFM
  • Home
  • Hot Seat
  • News
  • Business
  • Health
  • Sports
  • Lifestyle
  • Events
  • Contact Us
  • Promotions
  • Presenters
  • Photo Gallery
No Result
View All Result
  • Home
  • Hot Seat
  • News
  • Business
  • Health
  • Sports
  • Lifestyle
  • Events
  • Contact Us
  • Promotions
  • Presenters
  • Photo Gallery
No Result
View All Result
93.3 KFM
No Result
View All Result
Home News

Economists have predicted tough times ahead with a further weakening of the Uganda shilling

David Kugonza by David Kugonza
February 13, 2017
in News
0
Economists have predicted tough times ahead with a further weakening of the Uganda shilling
0
SHARES
16
VIEWS
Share on WhatsAppShare on FacebookShare on Twitter

By Samuel Ssebuliba

Economists have predicted tough times ahead with a further weakening of the Uganda shilling this year in response to global sentiments.

According to Jibran Qureishi Stanbic Bank’s Chief Economist for East Africa, the shilling is expected to trade between 3,850 and 3,900 against the US Dollar at the end of the year.

Speaking at the Stanbic Economic Outlook Breakfast meeting in Kampala, Qureishi also predicted a rise in headline inflation to about 8% in May 2017 as a result of reduced food production due to prolonged drought.

He however, quickly adds that all is not gloom and doom if government invests in irrigation, boosts domestic savings and tackles tax evasion to support the country’s development agenda.

The meeting was running under the theme: “Stimulating Economic Growth Advancing Opportunities for Financial Inclusion”

Previous Post

Counterfeit bill coming.

Next Post

Court of Appeal to pronounce itself on an appeal filed by MP Rehema Tiwuwe Watongola against FDC’s Salaam Musumba.

Next Post
Court of Appeal to pronounce itself on an appeal filed by MP Rehema Tiwuwe Watongola against FDC’s Salaam Musumba.

Court of Appeal to pronounce itself on an appeal filed by MP Rehema Tiwuwe Watongola against FDC's Salaam Musumba.

CATEGORIES

  • Business
  • Entertainment News
  • Health
  • HotSeat
  • Lifestyle
  • National News
  • News
  • PHOTO GALLERY
  • Sports
  • World News

July 2, 2025

Women’s movement urged to embrace global solidarity for greater gains

June 24, 2025

43-year Kabojja Junior School teacher gets 4 years in jail for indecently assaulting pupil

June 23, 2025
93.3 KFM

Kampala's #NumberOne radio station for better information and the best music ! KFM is a subsidiary of Nation Media Group;
@NationMediaGrp

© 2024

No Result
View All Result
  • Home
  • Hot Seat
  • News
  • Business
  • Health
  • Sports
  • Lifestyle
  • Events
  • Contact Us
  • Promotions
  • Presenters
  • Photo Gallery

© 2024