Finance

Uganda’s Open Currency Policy and the Decline of the Shilling.

Currency

By Wabusimba Amiri, In recent years, Uganda’s economy has grappled with a troubling trend, the persistent depreciation of the Ugandan shilling against major foreign currencies. As of mid-2025, one US dollar exchanges at over 3,500 shillings, a figure that continues to climb with little resistance. This situation raises concern among …

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When Watchdogs Sleep: Who pays for the 60 Billion Money heist from the central Bank?

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By Amiri Wabusimba. For decades, Uganda has struggled with systemic weaknesses in financial oversight, exposing the country to corruption and mismanagement of public funds. The latest scandal, involving the unauthorized diversion of 60 Billion Ugx from the Bank of Uganda, has once again placed the Ministry of Finance at the …

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How to Get Rich Online in a Month: A Comprehensive Guide

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The Online Wealth Revolution In recent years, the internet has transformed from a simple communication tool to a powerful platform for business and wealth generation. As society becomes increasingly digitized, the concept of making money online has evolved and gained immense popularity, attracting individuals who seek financial independence and flexibility. …

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