South Sudan Conflict Hits Uganda's Economy
The renewed conflict in the world's youngest nation has led to a significant decrease in the of volume of the cross-border trade, affecting neighbouring economies.
South Sudanese rebels (file photo).
Monitor, 10 May 2017
More than 200 currency traders at Elegu-Nimule border have reportedly quit the business following sharp depreciation of the South Sudanese Pounds (SSP) against the Uganda Shilling… Read more »
Monitor, 9 May 2017
Zhang Ming, the Chinese Vice Minister of Foreign Affairs is in Uganda on a two-day visit to hold talks with President Museveni over a raft of issues ranging from multi-billion… Read more »
The largest bank by assets, KCB Group, plans to shut down some of its branches citing civil strife, devaluation of the country's currency, and hyperinflation which negatively ... Read more »
The country has secured funding for the construction of the first logistics hub as the economy is set to boom due to oil exploration. Read more »