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.
Aspiring Chairperson for the NRM National Entrepreneurs League, Sanjay Tanna, has unveiled a comprehensive ten-point manifesto aimed at transforming...
The NRM manifesto week kicks off on November 18–23, 2024, at the Office of the Prime Minister, with different government ministries expected to present their implemented projects and those in working progress.
The past serving Army commander and the President for the Alliance for National Transformation (ANT), General Mugisha Muntu, has on some occasions asked General Muhoozi to retire from the army if he is to engage in politics.