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.
Rugambwa, previously seen and perceived as powerful and well-connected, has now lost the trust and credibility of her executive members, members of the Rukungiri community, and Kigezi at large. In a meeting that sat on Wednesday, November 4, 2024, in Rukungiri, 80% of executive committee members, led by Julius Kahigyiriza, a founding member of Boona Bageigahare, asked her to either hide from the Presidential directives or never to return to Rukungiri District.
UMSC, in December 2024, at Kololo Airstrip, will celebrate 50 years since it was created, and President Yoweri Kaguta Museveni is expected to be the chief guest.
The government has over the years attracted huge foreign direct investments to the economy, which has led the GDP to grow very fast with inflation being at single-digit 3%, which is a sign of a stable economy.
The leaders and people of Karamoja have demonstrated unity, strong leadership, and a genuine enthusiasm for development and socio-economic transformation.
“All a student has to come with are their personal basic needs. Everything else is provided. The mattress, beddings, food, and health care are available to students.”