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.
According to the ministry officials, by the end of the manifesto period, the MODVA will have delivered on 95% overall of its commitments, stating that the unmet commitments will be handled as follows: referral hospitals will be completed within this FY, unpaid pension backlog cases will have been paid by the end of the manifesto period, and housing accommodations for soldiers will have been partially addressed.
President Museveni’s congratulatory message comes after Uganda’s win against Congo, a game that was played at Alphonse Massamba-Debat Stadium in Brazzaville and ended 1-0 in favor of the Cranes.
As Uganda is set to co-host the 2027 Africa Cup of Nations alongside Kenya and Tanzania and the African Nations Championship (CHAN) games come 2025, Tayebwa emphasized the importance of continued development in sports infrastructure.
Uganda is set to host the International Basket Federation (FIBA) 3x3 Nations League at the Lugogo Hockey Grounds in Kampala from August 4th to 11th, 2024.