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.
President Abdel Fattah El-Sisi has arrived in Uganda for an official visit expected to deepen diplomatic and economic cooperation between Kampala and Cairo, with discussions set to focus on regional security, trade, agriculture, and water resource management.
The Uganda Peoples’ Defence Forces (UPDF) has flagged off Battle Group XLVII (BG 47) for deployment to Somalia, marking another phase in Uganda’s sustained...
President Yoweri Kaguta Museveni on Thursday used the ongoing retreat at the National Leadership Institute (NALI) in Kyankwanzi to deliver what amounts to a...
President Yoweri Museveni has called on newly elected Members of Parliament aligned to the ruling National Resistance Movement (NRM) to ground their leadership in...
The UPDF Military Police Brigade, working alongside the Uganda Police Force, has deployed snap checkpoints across the Kampala Metropolitan Area to enforce traffic regulations...
President Yoweri Kaguta Museveni has explained why the government temporarily halted the mass cattle compensation programme across the Lango, Acholi, and Teso sub-regions, assuring...
National Resistance Movement (NRM) presidential candidate President Yoweri Kaguta Museveni has issued a raft of development-focused directives while campaigning in Makindye and Nakawa divisions,...
Government has announced new targeted financing aimed at boosting market vendors and fishing communities across the country, as part of efforts to expand small-scale...
In a grand literary unveiling that captured the essence of Uganda’s modern history, Ambassador Dickson Ogwang Okul launched his latest work, “UGANDA SINCE 1986:...
President Yoweri Kaguta Museveni has issued a series of directives and development pledges for Buvuma and Buikwe districts.
The president’s dorectives focuse on electricity access,...
President Yoweri Kaguta Museveni on Friday campaigned in Kayunga and Mukono districts, using the rallies to issue firm directives on land management, economic empowerment...