Tag: Finance Minister

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.

President Museveni Hails Gen Moses Ali as Patriot, Peacemaker...

"He was a freedom fighter, a patriot and a peacemaker. When we engaged, he understood that Uganda needed unity rather than endless conflict," Museveni said.

Finance Minister Asks New Investment Board to Tackle Youth...

The newly appointed board, chaired by Dr. Robert Kyamanywa, faces the challenge of addressing rampant youth unemployment that has affected countless families across the country.

DP Cautions Government against Sanctions Slapped on Political Leaders...

The Democratic Party (DP) has asked the government of Uganda not to take for granted the sanctions put on...

Gov’t Secures over UGX 1.1 Trillion from Islamic Bank...

The government of Uganda has secured a loan of more than UGX1.23 trillion from the Islamic Development Bank Group...

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