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.
Nabakooba said stronger coordination between the Ministry of Lands, Housing and Urban Development and the Buganda Kingdom would streamline land registration and administration while helping resolve long-standing ownership disputes.
The Katikkiro’s response gives Buganda’s opinion on the debate over the UCDA amendment bill, which has sparked a broader conversation about the relationship between the central government and Buganda, as well as the implications of the bill for Uganda’s vital coffee sector.
The Prime Minister (Katikiro) of the Buganda Kingdom, Charles Peter Mayiga, has urged coffee growers across the country to register with the European Union Deforestation Regulation (EUDR) for continued access to the EU, the nation's largest market.