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.
“Can you have a strong army and a strong and safe country without a strong economy? Can you have a strong defence force and a strong and safe country without cohesive politics? Finally, can you have a strong defence force and a strong and safe country without, in some cases, addressing the issue of geo-strategic location such as being landlocked?” President Museveni asked.
“We should associate with a united Africa in the context of the Continental Free Trade Area and other trade partners of our choice, rather than clustering Africa depending on former colonial association,” Museveni said.
Uganda reiterated its support for Israel’s right to exist while also backing the Palestinian people’s right to have their own state. The government said many complications surrounding the conflict stem from different actors' failure to address the issue fairly.
Turning to security, Museveni argued that Africa's future strength will depend on political unity, saying individual countries may not have the capacity to compete globally in areas such as space and maritime security.
The Prime Minister of Uganda, Robinah Nabbanja, has asked delegates attending the Comprehensive Africa Agriculture Development Programme (CAADP) summit...
There is significant concern regarding the growing volume and sophistication of cybercrime attacks, ranging from multi-level marketing scams to industrial-scale credit card fraud, which various victims from African countries have fallen prey to.
Bach’s visit underscores the growing influence of sports in Uganda and its impact on local communities and Uganda’s role in the Olympic Movement, thus showcasing the power of sports as a tool for community development and international collaboration.