The Constitutional Court has dismissed an application filed by city businessman Amos Nzeyi in which he challenged the winding up and sale of former Minister Amama Mbabazi’s National Bank of Commerce (NBC) by Bank of Uganda, which later sold it to tycoon Sudhir Ruparelia’s now defunct bank. Nzeyi, who was a shareholder in the bank…

Exchange rates are important in the global economy because they influence international trade, investments, and tourism. Understanding how exchange rates function and how they affect different sectors of the economy is critical for businesses, tourists, and governments. Exchange rates show how valuable a currency is in relation to other currencies. The strength of a country’s…