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.
UCDA was established in 1991 under the Uganda Coffee Development Authority Act, Cap. 325, which was repealed and replaced by the National Coffee Act No. 17 of 2021. The authority’s mandate includes regulating activities within the coffee value chain, promoting coffee quality, supporting research and development, and optimizing earnings for stakeholders in the sector.
Mutuuzo's commitment followed a concern raised by Ssenyonyi regarding the poor treatment he encountered on October 14, 2024, in Kawempe, when he attempted to hold a meeting with the management of Roko Construction Company, only to be given a letter from the managing director, blocking his entry.
The controversial bill has since attracted comments from different political analysts in the media, where some have maintained that the bill is set to promote democracy while others have stressed that it’s a blank cheque to the NRM party to antagonize the opposition.
The Parliament of Uganda is set to hold four regional sittings, with the first one starting on August 28, 2024, at Kaunda grounds in Gulu, and they are to hold other sittings in Mbarara, Mbale, and Masaka. Each sitting is to cost over UGX 5 billion, and many people have criticized the relevance of these regional sittings as they seem not to have a direct impact on the constituents.