Markets

Uganda’s Shilling Hits Shs3,920: What Is Driving the Dollar Surge?

Uganda's shilling has hit Shs 3,920 per dollar — an 11% drop over 12 months — driven by Iran war oil pressures, dollar safe-haven demand, and Uganda's import dependence. Here's…

Chinese Automakers Flood South African Market With Affordable Electrified Vehicles

New Cars Are About to Get More Expensive — Here’s Why Uganda Buyers Should Take Note

How Europe’s New Car Sales Model Could Transform Uganda’s Auto Market

Nvidia Stock Slides Below Key Technical Level After $340 Billion Selloff

Ethiopia Caps Forex Fees at 4% to Boost Transparency and Market Competitiveness

Top 10 African Countries with the Highest Debt to the IMF in March 2025

Several African nations continue to carry significant debt burdens with the International Monetary Fund (IMF), a financial reality that has persisted for…

Uganda Secures Key Financing for $5 Billion EACOP Pipeline Project

KAMPALA, UGANDA | Examiner —Uganda has successfully secured crucial funding for the $5 billion East African Crude Oil…

Trump Urges OPEC to Lower Oil Prices, Markets React

Oil prices experienced a 1% decline on Thursday following President Donald Trump’s call for Saudi Arabia and OPEC…