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.
Akena criticized the government for prioritizing other matters over child welfare and called for a holistic approach to development that includes safety, skills, and greater exposure for school-going children.
President Yoweri Kaguta Museveni has issued stern warnings to elements threatening national peace and stability.
Museveni also directed Uganda’s security...
President Yoweri Kaguta Museveni has warned foreign actors against interfering in regional conflicts, stating that their involvement often emboldens...