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depreciating Uganda shilling

President calls on Ugandans to develop writing culture

President calls on Ugandans to develop writing culture

President Yoweri Museveni has asked Ugandans to develop a culture of writing and share their experiences through writing because when people die they are always remembered through their writing. He also said that Government will continue supporting the cultural institutions in their development endeavors. The message was carried in the speech read on his behalf by the vice president Edward […]

President Museveni responds to traders concerns on increasing inflation and depreciating Uganda shilling

President Yoweri Museveni has criticized over dependence on imports for the current cries over the depreciation of the Uganda shilling against major currencies, especially the US dollar. Museveni in a statement said that forex exchange rates are determined by issues beyond Uganda’s control, but Ugandans suffer because of over reliance on imported goods. He says […]

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