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 President of the National Unity Platform (NUP), Robert Kyagulanyi, also known as Bobi Wine, has expressed his dissatisfaction towards the trial of Dr. Kizza Besigye in the military courts.
“We want to put the Kenyan government on the spot; how do people come to visit Kenya and are returned back to the country forcefully without being deported or extradited?"
At around noon, Besigye and accomplice arrived at the General Court Martial in Makindye, Kampala, and appeared before Brig Gen Freeman Mugabe, the Chairman of the General Court Martial, to be read the charges they are being accused of.