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.
Recently there was an attack on Bank of Uganda, where over UGX 60 billion was stolen by hackers, which many cyber experts say could have resulted from human error, and it could have been prevented had there been strong cybersecurity mechanisms.
The Ministry of Information, Communication, and Technology and National Guidance (MoICT) is set to integrate all government agencies and ministries into one system in order to share their functionality and ease communication amongst themselves and to the public.
"The establishment of the video conferencing system was made possible through support from the United Nations Development Programme (UNDP), which shows the international cooperation in enhancing judicial processes in Uganda."
The sudden adjournment comes just hours before a scheduled plenary sitting at 2:00 pm, where the House was set to consider the Alcoholic Drinks Control Bill 2023 as the top item on the agenda.
The government has commended Ugandans who are spearheading the ongoing Parliamentary Exhibition Campaign being conducted on social media.
While addressing...