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Uganda’s falling shilling: What it means for Kenya and East African trade

Uganda’s rapidly weakening shilling is putting pressure on Kenya’s export market, raising concerns about the cost of cross-border trade and intensifying competition between businesses in the two East African economies. The Ugandan currency briefly touched Ksh4,500 against the US dollar on October 23, 2026, its weakest level in 33 years, before recovering to Ksh4,404 by […]

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

Read the original at peopledaily.digital →

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