Tag: Global market

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.

China Records New Export Boom, Hits $1tn Trade Surplus

China’s General Administration of Customs has achieved a significant global trade boost as the country hit nearly a $1...

Ugandan Government Fronts Local Content in Developing Standard Gauge...

The $2.3 billion project, expected to take 42 months to complete, will revolutionize Uganda's transportation sector, reducing travel time and increasing efficiency.

Kampala Declaration to be Adopted at G77 Summit to...

G77 is set to hold a high level Third South Summit which will be held at Speke Resort Munyonyo...

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