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Why Uganda’s weakening shilling could hurt Kenyan businesses

Uganda’s rapidly weakening currency is emerging as a fresh threat to Kenyan businesses that depend on the neighbouring country as a major export market, raising concerns that local manufacturers could face declining sales, tougher price competition and delayed payments from customers across the border. The Ugandan shilling fell to a record low of 4,208.10 against […]

We haven't written up this one. People Daily Kenya has the full story — the link below goes straight to it.

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