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On 1 November 2013, it was announced that the Airtel Telecommunications company had signed a four-year contract providing a total of 400 million shillings (about 160,000 US dollars) towards funding different activities under both the FUFA Big League and the Ugandan Cup until 2016. [9]
The first Ugandan shilling (UGS) replaced the East African shilling in 1966 at par. Following high inflation, a new shilling (UGX) was introduced in 1987 worth 100 old shillings. The shilling is usually a stable currency and predominates in most financial transactions in Uganda, which has a very efficient foreign exchange market with
Also, in many African currencies there have been episodes of rampant inflation, resulting in the need for currency revaluation (e.g. the Zimbabwe dollar). In some places there is a thriving street trade by unlicensed street traders in US dollars or other stable currencies, which are seen as a hedge against local inflation. The exchange rate is ...
The Ugandan government downplayed the post, with a spokesperson describing Gen Kainerugaba's social media statements as "casual" remarks that should not be interpreted as reflecting official policy.
USD Cent: 100 Tuvalu: Tuvaluan dollar $ (none) Cent: 100 Australian dollar $ AUD Cent: 100 Uganda: Ugandan shilling: Sh or Shs (pl.) UGX (none) (none) Ukraine: Ukrainian hryvnia ₴ UAH Kopeck: 100 United Arab Emirates: United Arab Emirates dirham: Dh or Dhs (pl.) AED Fils: 100 United Kingdom: Sterling £ GBP Penny: 100 United States: United ...
There were plans to introduce a common currency, a new East African shilling, for the five member states of the East African Community by the end of 2015 [citation needed]. As of October 2023 [update] , these plans have not yet materialized.
Kizza Besigye is charged in a Ugandan military court after his wife says he was kidnapped while in Kenya. ... BBC News. November 21, 2024 at 9:24 AM. Kizza Besigye, who has been held incommunicado ...
As of 2017, Uganda had about 130,000 kilometres (80,778 mi) of roads, with approximately 5,300 kilometres (3,293 mi) (4 percent) paved. [31] Most paved roads radiate from Kampala, the country's capital and largest city. [32] As of 2017, Uganda's metre gauge railway network measures about 1,250 kilometres (777 mi) in length.