Uganda buys far more from foreign countries than it sells abroad, creating a massive $4.6 billion trade gap. Because international sellers only accept US dollars, local traders are constantly scrambling to buy greenbacks, driving the dollar’s value up and shilling down.
"It is very sad to learn of the death of our brother Hon. Charles Matovu, former Member of Parliament for Busiro South, who passed on yesterday. Hon. Matovu represented his people with vigor and utmost dedication in the 11th Parliament. He was a member of the Parliamentary football team, where his tremendous contribution led us to dominate the East African Parliamentary games. My condolences go out to his family, the people of Busiro South, and the country at large. May he rest in eternal peace., Tayebwa said.
The Director of Crime Intelligence, AIGP Christopher Damulira, has assured Ugandans that the country’s security situation is firmly under control, dismissing claims that crime...
The Uganda Communications Commission (UCC) has cautioned broadcasters against using radio and television platforms to dispute officially declared election results, warning that such actions...
The Uganda Police Force has issued strict guidelines regulating fireworks displays during New Year celebrations in a bid to ensure public safety, security, and...
The Office of the Director of Public Prosecutions (ODPP) has issued a stern warning against what it describes as deliberate falsehoods aimed at undermining...
President Yoweri Museveni has called for a continent-wide policy to end the export of unprocessed raw materials, arguing that Africa will not achieve meaningful...
The State Minister for Trade, Gen Wilson Mbadi, has reaffirmed Uganda’s commitment to driving Africa’s industrialisation agenda, noting that President Yoweri Museveni has championed...
The race for the Nakawa East Constituency MP seat is underway despite challenges facing the National Unity Platform (NUP) candidate, Alex Waiswa Mufumbiro, who...
The Leader of Opposition, (LOP) Joel Ssenyonyi, has denied the ongoing accusations about receiving a service award of UGX650 million from Parliament.
Speaking on Tuesday...
The Ministry of Health has started an investigation into an incident which left over 100 school-going children fighting for their lives after a health...
The Uganda Police Force, through a series of intelligence-led operations, has arrested more than 40 suspects in connection with illegal possession, substance abuse, robberies...