Ugandan shilling weakens vs dlr on tax hike
Ugandan shilling weakens vs dlr on tax hike
KAMPALA (Reuters) - The Ugandan shilling weakened against the dollar on Friday, a day after the finance minister raised taxes on earnings from government securities in the 2012/13 fiscal year, unnerving offshore investors. Traders forecast further losses ahead as more foreign investors head for the exit. On Thursday, Maria Kiwanuka announced in her budget speech the government would hike withholding tax on income from investments in Treasury bonds and bills to 20 percent from 15 percent. ...
//news.yahoo.com/ugandan-shilling-weakens-vs-dlr-tax-hike-101400124--business.html
Create Date : 18 มิถุนายน 2555 |
Last Update : 18 มิถุนายน 2555 15:43:15 น. |
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