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 proposed Tanga Regional Energy Hub will serve as a centre for petroleum storage, refining, logistics, trading and distribution, while complementing Uganda's planned 60,000-barrel-per-day Hoima refinery. It is also expected to strengthen regional energy security, expand fuel exports and boost cross-border trade throughout East and Central Africa.
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.
As of 2026, Uganda is home to nearly two million refugees and asylum seekers, most of whom have fled conflict in neighboring countries like South Sudan, Somalia, and the Democratic Republic of Congo. This is not to say that other countries in the region do not offer refuge to those fleeing war as Kenya and Tanzania do so too.
Dr. Lazarus McCarthy Chakwera, the former President of Malawi and Special Envoy of the Commonwealth Secretary-General, was tasked with engaging key stakeholders on political freedoms, electoral reform, and accountability after post-election protests and violence.