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 celebrations, locally known as ‘Amatikira ga Isebantu Kyabazinga’ were originally scheduled for September 13th, 2026, but were postponed to allow Ugandans to attend the burial of Tooro King Kabumba Ikingura Rukirabasaija Oyo Nyimba Kabamba Iguru Rukidi IV. The Office of the Katuukiro announced the change on September 2nd, saying the decision was made to honour the fallen monarch.
President Yoweri Kaguta Museveni, also the National Resistance Movement party presidential candidate on Thursday intensified his presidential campaign trail...