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.
“There is a big problem with the 1986 group who behave the same as President Museveni and Dr. Kizza Besigye. President Museveni has never dreamt of life after the presidency; it's worse for our brother Besigye, who believes nobody can serve better than him.”
“Today, you are going to decide on the way forward for the party, and don't lament over the FDC because you have to go back when you know where we are going. We are going to the State House to take power.”