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.
Dr. Leonard Sserwadda, who heads development initiatives among born-again Christians, said the tractors would help churches promote food production, livestock farming and value addition.
On land, Nabakooba warned village chairpersons against handling disputes and transactions individually, saying they should consult their committees to avoid legal liability.
The Feast of the Assumption is one of the Catholic Church’s major celebrations and honours the belief that the Virgin Mary was assumed into heaven at the end of her earthly life.