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.
Albert Cook Tugume, who operated a mobile money shop, was shot dead by armed robbers on Thursday, November 21, 2024, in Ntinda, a Kampala suburb. The tragic incident occurred some meters from Fraine Supermarket in Ntinda-Kigoowa, and the assailants fled with an unspecified amount of money.
The mystery of Dr. Besigye's disappearance in Nairobi comes on the back of 36 FDC Katonga members arrested in Kisumu four months ago and clandestinely handed over to the government back home.
From Kamuli, Kyagulanyi and team proceeded to Abim in Northern Uganda on November 7, 2024, and are expected to be in Soroti on Friday, November 8, 2024. After eastern Uganda, Kyagulanyi will visit Kisoro district in southwestern Uganda.
The leaders and people of Karamoja have demonstrated unity, strong leadership, and a genuine enthusiasm for development and socio-economic transformation.