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.
“We are to demand performance from both the NRM and the opposition. As long as you are getting money from the government, you must check what is happening on the ground,” Museveni said.
The Commission, led by Chairperson Winnie Agnes Kabogoza-Musoke, presented its annual report for Financial Year 2023/24 and asked Parliament to increase its budget from the current Shs12.1 billion to UGX 21.8 billion to meet their targets.
The Parliament of Uganda is set to hold four regional sittings, with the first one starting on August 28, 2024, at Kaunda grounds in Gulu, and they are to hold other sittings in Mbarara, Mbale, and Masaka. Each sitting is to cost over UGX 5 billion, and many people have criticized the relevance of these regional sittings as they seem not to have a direct impact on the constituents.
The Ugandan government has failed in the skyrocketing youth unemployment with over 70%, delivering on promised programs like youth livelihood, exploitation by politicians, suppression of freedom of expression and association, entrenchment of corruption, and nepotism, among others.