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.
"It was Prince David Kiijanangoma who stood up to offer alternative leadership by declaring himself King of Tooro after seeing a big leadership gap created by then King Oyo who was mainly staying in Kampala and had become a visitor in his own Kingdom,” Irumba noted.
The Parliamentary Committee on Defense and Internal Affairs is conducting its oversight work on different security agencies, including the Uganda Police, UPDF, and Uganda Prisons Service, among others, in the move to crack down on corruption following President Museveni's war against corruption in Uganda.
The ministers’ “Expose and Fight Corrupt Officials in Local Governments” campaign has taken the fight to different districts, where officials have been questioned over issues such as misuse of public resources, abandoned projects, revenue leakages and poor service delivery.
“Corruption undermines fairness, justice, and national development. You the youth should mantain self discipline and uphold peace, and play an active role in safeguarding Uganda’s future,” Kiyonga said.
Burundi’s President Évariste Ndayishimiye has praised President Yoweri Museveni’s role in promoting regional peace and stability across the Great Lakes region, while Museveni used his inauguration speech to warn against corruption and call for wealth creation.