The Exchange - East Africa's Source for Financial News The Exchange MAY 2017 - FINAL (1) | Page 14

14. MAY 2017 INDICATORS/ ANALYSIS MARKET DATA PRICE OF FUEL PER LITRE IN USD AS OF 20th APRIL 2017 PRICE PER DOLLAR IN EAST AFRICA AS OF 20th APRIL 2017 1.4 Country Diesel Change % Petrol Change % Tanzania 0.85 -6.59% 0.91 0.00% Kenya 0.87 -2.25% 0.96 -3.03% 0.8 Uganda 0.84 -5.62% 0.98 1.03% 0.6 Rwanda 1.02 0.00% 1.02 0.00% 0.4 Burundi 1.22 -0.81% 1.22 -0.81% 1.2 1 Diesel Petrol 0.2 0 Tanzania Kenya Uganda Rwanda Beans 4,000.00 Kenya 102.813 1.58% 3,000.00 Uganda 3,583.87 0.92% Rwanda 820.032 0.38% 1,500.00 Burundi 1,688.70 0.91% 500.00 3,500.00 2,500.00 2,000.00 Price 1,000.00 Tanzania Kenya Uganda Rwanda Burundi Source: oanda.com Change % Rice Change % Tanzania 60.65 24.92% 78.84 5.67% 81.83 9.56% Kenya 39.13 -0.43% 92.45 12.74% 107.89 -2.95% Uganda 38.67 -24.32% 94.24 4.97% 91.62 22.67% Rwanda 30.55 -6.83% 49.09 -1.01% 81.83 -16.00% East African currencies all experienced increase in the month of April. In Tanzania,the USDTZS increased by 1.26 percent from March to 2185.4 in March of 2017.The USDKES also increased significantly compared to the other countries by 1.58 percent from 101 in March of 2017, The USDBIF decreased by 0.91 percent from 1673.4 in February 2017. Uganda and Rwanda saw significant changes as well. EQUITY TURNOVER IN USD FOR EAST AFRICAN STOCK MARKETS AS OF 20th APRIL 2017 PRICE OF CROPS PER 90KG IN USD AS OF 20th APRIL 2017 Change % Change 1.26% 0.00 Fuel is one of the key drivers to any developing nation’s economic output, as transportation routes are the liveblood of a country’s economy. In East Africa, transportation via Kenya and Tanzania,provide the lifeline of transport to other East African countries such as Uganda, Rwanda and Burundi. Uganda currently presents slightly lower price of fuel compared to the rest of the East African countries. The most recent indicators demonstrate small change in the price of fuel. Maize Price 2,213.02 Burundi Source: globalpetroprices.com Country Price Country Tanzania 120 100 80 Maize 60 Beans Rice 40 Country Equity Turnover Tanzania 34943.98 Kenya 6952607.96 Uganda 2566.04 20 0 Tanzania Kenya Uganda EQUITY TURNOVER 8000000 6000000 4000000 0 TANZANIA Rwanda EQUITY TURNOVER 2000000 KENYA UGANDA Source: DSE, NSE and USE Source: ratin.net April saw significant increase in crop prices mainly due most area