May 4

• BoT Says U.S.$100 Bill 1996 Series Genuine

  Daily News

  THE Bank of Tanzania (BoT) has clarified on the resentment by some of the bureaus de change in the country reportedly rejecting the 1996 100 US Dollar bill, saying that fear on... Read more »

May 3

• Shilling to Fall Further

  Daily News

  THE value of the shilling is expected to fall as demand for US dollars picks up at the beginning of the new month, which is a normal trend, financial analysts have said. Read more »

May 1

• Local Annual Inflation Rate Falls to 3.4 Percent

  Independent

  Uganda's year on year inflation rate eased to 3.4% in April from 4.0% a month earlier, the Uganda Bureau of Statistics, the national statistics body reported on April 30. Read more »

• Is This the End of Polymer Banknotes?

  This Day

  Obinna Chima examines the move by the Central Bank of Nigeria (CBN) to phase out the printing of lower denominations of the naira in polymer and re-introduce paper notes Read more »

April 29

• EAC Heads of State Summit to Discuss One Currency

  News of Rwanda

  East African Community Heads of State are slated to meet this Sunday, May 28, 2013 in the Ordinary summit and top on agenda for discussion will be the single EAC currency. Read more »

• EAC Headsof State to Meet in Arusha

  New Times

  The Ordinary Summit of the EAC Heads of State convenes in Arusha, Tanzania, tomorrow. The leaders are expected to receive and deliberate on different reports, including the... Read more »

• Bureaux De Change Reject 1996 Dollar Version

  Daily News

  THE US Dollar bill (1996) is facing hardship in the local markets as majority of bureau de changes in Dar es Salaam are rejecting it as a legal tender for exchange. Read more »

• Ugandan Shilling Ends Week On Pressure

  Independent

  Forex experts and traders say the Ugandan shilling ended the week's trading on March 26 on pressure shedding off about 1.8% and trading around 2610/20 compared to the previous... Read more »

• EAC Heads of State Want Monetary Union By Nov.

  New Times

  The East African Community (EAC) Council of Ministers should expedite the conclusion of the protocol establishing the Monetary Union, EAC Heads of State said yesterday. Read more »

• See Who's Talking About Polymer Notes!

  Daily Trust

  Despite public apathy to the introduction of polymer naira notes in 2006, Professor Charles Chukwuma Soludo the then Central Bank governor, ignored every other dissenting voice and... Read more »

• Polymer Currency - Waste, Deceit and Commonsense [opinion]

  Vanguard

  The concept of moral hazard is defined as a situation where there is a tendency to take undue risk, because the costs are not borne by the party taking the risk. Read more »

April 26

• Reserve Bank Sells Foreign Currencies Worth About 350 Million Dollars

  ANGOP

  The Economic Commission of the Cabinet Council informed on Thursday that the National Reserve Bank (BNA) sold to commercial banks foreign currencies worth about 350 million... Read more »

April 25

• Market Looks Forward for Firmer Shilling As Demand U.S

  Daily News

  AS the month end obligations approach, the strength of the shilling is expected to reverse because of inflows from exporters to meet regulatory requirements. Read more »

• Shilling Trades Steady

  The Star

  The shilling was steady today, with traders expecting it to strengthen. Banks quoted the shilling at 83.65/85 against the dollar, the same level it closed at yesterday. Read more »

April 24

• Currencies - Kano Residents Decry Scarcity of Small Denominations

  Leadership

  Some residents of Kano metropolis on Wednesday decried the scarcity of small currency denominations in circulation in the city. Read more »

• Polymer Notes - Labour Urges Nigerian Central Bank to do Adequate Research

  Premium Times

  Labour leaders in the financial sector on Tuesday urged the Central Bank of Nigeria (CBN) to always carry out appropriate research on any issue before making it public policy. Read more »

April 23

• Technocrat Rotich Picked to Head Treasury

  Capital FM

  Henry Rotich has been nominated as the Cabinet Secretary for the National Treasury by President Uhuru Kenyatta and his deputy William Ruto. Read more »

• Money Supply Falls

  The Herald

  ANNUAL broad money supply growth declined by 12,1 percent in the 12 months to January 2013 in a negative development for an economy in need of credit, the African Development Bank... Read more »

• Finance Minister - Companies Operating in Nation Offered to Pay Taxes in U.S. Dollar

  Egypt Online

  Minister of Finance Al Morsy El Sayed Hegazy said the income and sales tax proceeds since the beginning of the current fiscal year till mid April increased by 20 percent, compared... Read more »

April 22

• CBN to Phase Out Polymer Naira Notes By June

  Daily Trust

  The Central Bank of Nigeria (CBN) will stop printing the naira in polymer notes by the middle of the year because they fade quickly, its deputy governor Tunde Lemo has said. Read more »

• Shilling Slides By Less Than One Per Cent a Year

  Daily News

  THE shilling has in the past 12 months fluctuated marginally - less than one per cent - thanks to monetary measures to check the macroeconomics fundamentals. Read more »

• Metical Appreciates Against Rand

  AIM

  According to the central bank, the Bank of Mozambique, during March the Mozambican currency, the metical, appreciated by 2.98 per cent against the South African rand to 3.26... Read more »

• Exchange Rate - Naira Appreciates Against Major International Currencies

  Premium Times

  The naira appreciated against some major international currencies at the official and black market ends of the foreign exchange market on Friday, the News Agency of Nigeria... Read more »

• Shilling Could Weaken

  Observer

  The shilling opened strongly against the dollar trading in the range of 2,505/2,515, riding on the back of strong inflows on account of portfolio investors. Demand was frail in the... Read more »

• Shilling Opens the Week Steady

  The Star

  The shilling was steady today with traders expecting it to gain with the sale of Treasury bonds later this week. Banks quoted the shilling at 83.80/84.00 barely changed from last... Read more »