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 EASF, which was established in 2007 and reached full operational capability in December 2015, is the product of several factors that have defined regional integration in the field of peace and security in Eastern Africa and the Horn of Africa, including long-standing and continuing tensions between countries of the region and the threats to peace and security with internal wars, environmental degradation, terrorism, and unconstitutional changes of government notwithstanding.