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 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 Karamoja Cultural Festival started eight years ago with this event making its ninth year, the reason it is called the 9th edition. The cultural event aims at preserving peace and unity among the Karamajong, Turkana, Pokot, Dodoth, Jie, Nyangatom, and other tribes as Ateker to promote cultural diversity.
The Ugandan government has failed in the skyrocketing youth unemployment with over 70%, delivering on promised programs like youth livelihood, exploitation by politicians, suppression of freedom of expression and association, entrenchment of corruption, and nepotism, among others.