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 ex-United striker resigned at the end of that campaign, however, and took a year out before joining as an assistant coach to Erik Ten Hag, who was recently sacked from Manchester United.
KCB Nkumba is celebrating their win, and the squad is already thinking ahead to the Women's African Club Volleyball Championships in March of next year. They want to build on their success and establish themselves on the continental scene.