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 government cited Objective XIII of the National Objectives and Directive Principles of State Policy, Article 210(d) of the Constitution, and Section 38 of the UPDF Act, which empower the state and the President with parliamentary approval to participate in international peace and security operations.
The statement highlighted that both sides presented updates on steps taken to reduce tensions and advance implementation on the ground. These updates followed earlier consultations held in Washington on March 17th–18th, 2026, which also focused on confidence-building measures.
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