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 Kisoro by-elections were mostly calm, with allegedly a few cases of malpractices reported. The independent candidate, Grace Ngabirano Akifeza, who was defeated in the NRM primaries, won the elections, with the National Resistance Movement candidate coming second.
The Independent Electoral Commission released the 2025/26 election roadmap, with its first activity being the demarcation of electoral areas and organizing polling stations that started on July 30, 2024.