13 Sep 2017

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FOREX RATES:  U.S DOLLAR  Buying 3634.75  Selling 3644.75 ,  GBP Buying 4765.88 Selling: 4779, EURO Buying: 4239.94  Selling: 4251.6,  K.SH Buying: 35.07 Selling: 35.16, T. SH Buying: 1.62  Selling: 1.63     Lending Rate still at: 22.29%   Other News: Stanbic, NC banks lower lending rates, each by a percentage point       UNBS confiscates 2,000 litres of fake cooking oil    Trade Ministry to start registering SMEs, said trade minister      EAC reviews common external tariff to ease doing business       Local manufacturers urged to register trademarks      Government moves to confiscate fake weighing scales     Bank of Uganda cuts lending rate to 9.5%      Uganda to adopt IMF policy of digitalizing tax payments      Investors to register in two hours-URSB     Food prices likely to increase as festive season nears