Tag: Uganda economic policy 2026

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.

UGANDA HALTS CONTROVERSIAL TRADE CRACKDOWN AFTER BACKLASH FROM TRADERS,...

Government has halted enforcement of its controversial trade order after mounting pressure from traders, religious leaders, and lawmakers, pausing evictions of street vendors and kiosks as consultations begin. The suspension, announced by State Minister David Bahati, follows sharp criticism in Parliament over the handling of the crackdown, with authorities now promising a more balanced and consultative approach before any rollout resumes.

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