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 shall give UGX 10 million as financial support and start up capital to help families regain economic stability, 2 acres of land for resettlement, and a house constructed
President Museveni's visit to Bugisu follows his recent assessment of PDM in the Karamoja and Sebei sub-regions, where he commissioned the National High Altitude Training Centre in Kapchorwa and the Sebei Zonal Industrial Hub to support youth talent and skills development.
According to reports, the geographical area affected so far covers close to 75 acres of land with homesteads and farmlands (downhill) in Bulambuli to Sironko districts.
In Uganda, several families in the Bugisu sub-region have abandoned their homes in the past, seeking refuge in trading centers after mud and landslides wreaked havoc, destroying houses and gardens. Floods in Kasese district damaged roads and bridges and killed some cattle.