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.
On security, Bartos said efforts to neutralise the Democratic Forces for the Liberation of Rwanda (FDLR) must continue. He added that any cooperation between the FDLR and elements of the Congolese armed forces must end immediately. He pointed to the repatriation of more than 120 former FDLR combatants and their family members as evidence of progress, and urged the DRC to clarify its demobilisation plan and begin implementing it.
The inaugural race will take place once a purpose-built circuit in Bugesera is complete. The track will be developed to meet Fédération Internationale de l’Automobile (FIA) Grade 1 standards, required for hosting Formula One races.
Uganda will co-host the 2027 tournament with Kenya and Tanzania under the East African "Pamoja" bid, the first time AFCON will be staged in the region.
Turning to security, Museveni argued that Africa's future strength will depend on political unity, saying individual countries may not have the capacity to compete globally in areas such as space and maritime security.
Regional health experts say East African governments are increasingly treating epidemic preparedness as both a public health and economic security priority.
The statement highlighted that both sides presented updates on steps taken to reduce tensions and advance implementation on the ground. These updates followed earlier consultations held in Washington on March 17th–18th, 2026, which also focused on confidence-building measures.