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.
Nabakooba also warned that climate change must increasingly shape decisions on where and how cities are developed, citing floods, extreme heat, drought and water scarcity as growing threats to property and infrastructure.
The National Environment Management Authority (NEMA) has tasked district leaders across Northern Uganda to integrate environmental and natural resources...
Bugisu and Sebei sub-regions are still facing various challenges, including land wrangles, climate change, where landslides and floods recently hit the region andvover 15 lives were lost, HIV/AIDS, and high levels of poverty irrespective of the government’s initiative to initiate programs like PDM, Emyooga, and the 4-acre model in the region. This calls for the leaders to intensify efforts to put an end to such.
“Effective service delivery is critical for promoting economic growth and development and fighting poverty because the government’s core principle is ensuring the needs of citizens are met.”
The current account by the Standing Committee on Finance was guiding discussions to forge a way for sustainable, inclusive, and transparent climate finance solutions to loss of life, injury or other health impacts, property damage, loss of livelihoods and services, social and economic disruption, or environmental damage.
During the recent 2024 forum on China-Africa Cooperation Summit, China announced 10 partnership initiatives or actions covering 10 areas of cooperation between the Asian nation and East African country in the coming few years. Among these are the partnerships for agriculture and livelihood.