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.
Dr. Leonard Sserwadda, who heads development initiatives among born-again Christians, said the tractors would help churches promote food production, livestock farming and value addition.
The President emphasised the need to ensure that economic growth translates into improved household incomes, citing government programmes such as Operation Wealth Creation and the Parish Development Model (PDM).
Bayiga proposed that the supplementary budget should be financed by cutting expenditure for State House, Defence, and the Office of the President, to prioritize food security and support to affected farmers.
On land, Nabakooba warned village chairpersons against handling disputes and transactions individually, saying they should consult their committees to avoid legal liability.
“There is a difference between development and wealth. The tarmac road is for all of us, but development is for your house. Let’s divert some money from roads, schools and health centres to the Parish Development Model (PDM) because PDM addresses development,” President Museveni said.
The Feast of the Assumption is one of the Catholic Church’s major celebrations and honours the belief that the Virgin Mary was assumed into heaven at the end of her earthly life.
“I don't want to hear that there is poverty in homesteads that have land and yet money is there at the parish level. If you are a minister and I come to your village and people are still suffering, I will sack you. I want to inform everybody that I have been monitoring and I don't want to embarrass mature people. The money is there on the ground; let's use it to get our people out of poverty,” Museveni said.