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.
Organizers noted that comprehensive security arrangements have been put in place and all necessary permissions from relevant authorities have been obtained, with close collaboration with security agencies to ensure a safe environment. Food and beverages will be available for purchase on-site.
On the economic front, Lt Col Murema described a resilient economy as critical to sustainable development, while an educated, disciplined and productive population remains an important national resource.
The leaders and people of Karamoja have demonstrated unity, strong leadership, and a genuine enthusiasm for development and socio-economic transformation.