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.
The party also drew lessons from neighbouring Kenya, where, it said, Kenyans stood firm to protect Uhuru Park and Jeevanjee Gardens in Nairobi from developers, preserving them as the lungs and pride of Nairobi through the efforts of patriots like the late Prof. Wangari Maathai.
"He was a freedom fighter, a patriot and a peacemaker. When we engaged, he understood that Uganda needed unity rather than endless conflict," Museveni said.
Amuriat said citizens from across civil society, academia, and political groups presented a united front before Parliament’s joint committees, with the majority rejecting the bill.
Museveni compared the proposed exemption to existing tax relief for police and army personnel, stressing that scientists deserve similar recognition for their role in national development.