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 President noted that the bigger challenge is ensuring evidence gathered from the field leads to prosecutions, calling for faster action from the Director of Public Prosecutions (DPP).
Rusoke also distinguished the alleged Ugandan operation from the legitimate HUT8 Corporation, saying the Canadian-listed company had publicly distanced itself from alleged activities being carried out in its name in Uganda.
Some parents or managers prefer digging wells to provide water for consumption to minimize costs; however, they don't mind the children's safety around the compound.
As part of the prosecution, Ssentongo and his accomplice will be required to appear before a military court to answer as per Section 161 of the UPDF Act 2005.
"The UGX 3.4 billion was meant for war loss compensation by the government, but the accused decided to divert it to Buyaka Growers Cooperative Society for their personal use.”
Corruption is now sanctified in Uganda and corrupt officials are being defended by the government based on the remarks made by the Speaker of Parliament during a mobilization event that took place in Lwengo district on June 22, 2024.