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.
“When I came here and heard Pastor Kayanja talking about African integration, I said, ‘Praise the Lord,’ because we have already started the AfCFTA,” Museveni noted.
The President said he later learnt from Queen Mother Best Kemigisa that Oyo had left behind a young boy who would eventually be presented to the public.
The investigation has also uncovered meetings that were allegedly scheduled in Germany, which detectives believe were intended to buy time while reinforcing the impression that the transaction was genuine.
The governments of the US, Belgium, France, Germany, Greece, Italy, Norway, the United Kingdom, alongside the African Union (AU), European Union (EU), Intergovernmental Authority on Development (IGAD), League of Arab States (LAS), and the United Nations (UN), expressed deep concern over the severe humanitarian consequences of the war.
As Nelson Mandela observed, nations can choose between conflict and cooperation. Increasingly, countries are choosing negotiation, reconciliation, and coalition-building. These require political maturity, for instance, a clear ideology, internal democracy, and a willingness to compromise without losing identity.
Dr. Chameleone, acclaimed for his dynamic stage presence and genre-bending sound, and Semakula, known for his soulful voice and heartfelt lyrics, have been Ugandan music staples for over two decades.