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 marathon, dubbed the ”Boda Boda Riders General Road Users Marathon,” will take place on Saturday, August 27, 2024, and the funds raised will be directed towards procuring ambulances and ensuring timely medical assistance for accident victims.
For the government to uplift the private sector, the middle-class economy has to be revived. Uganda’s economy has no middle class but rather the political class, which is the rich and the poor.
The rehabilitation works on the Nabilatuk-Lorengecora road, linking Napak and Nabilatuk districts in Karamoja sub-region, have commenced after receiving...