#Sport's activist n critic , @Man u , @Vipers , @Petroleum engineering at MUST , Vice president SPE MUST chapter 🧘👊, self reserved #stevenewton416@gmail
?📌📌These pastors will get to know that our parents are the last generation to buy them cars
📌📌Thanks for exposing those Charlatans
Faith Heist
Holy Hustlers
I was actually wondering why the Uganda shillings suddenly lost to the us dollar and from doing research, I found out that.
1. On 25th Aug 2026, the USA sell-off happened and intrest rates of US treasury bonds went from around (1.5% - 2.5%) to a new record high, 5.3%. For investors, this is a good risk free deal. So they started selling of their government bonds from over 144 countries, Ugandan inclusive, converting the money to dollars, sending back home to buy USA bonds.
Currently over $200m has left the economy in this quick dump. Now, dollar is becoming expensive since it is in high demand locally with this shift, investors trying to sell off their government bonds to get this USA risk free record increase.
Not only Uganda, many countries have been affected, for Ethiopia, they're planning to inject $840m from their resserve.
So, the chain of events:
1. The US Sell-Off (August 25): Investors heavily sold old US bonds due to global economic fears. This massive selling crashed US bond prices, which automatically pushed the US debt up to 5.34%.
2. The Realization: Global investors looked at the market and realized that now can buy super-safe US bonds and get a massive 5.34% return practically risk-free.
3. The Ugandan Exit: Investors realized that holding Ugandan bonds to get ~14% isn't worth the risk anymore when the safest country in the world is offering over 5.34%.
4. The Flight: They dumped their Ugandan bonds, demanded US Dollars from Kampala banks, and sent that money straight back to America to buy those newly high-yielding US Treasuries.
Since the Bank of Uganda isn't ready to off-set this through selling the national dollar resserves, the decline isn't even coming so soon. Maybe some other tricks.
In addition, the war in Iran etc but these are minor and have been here with us for almost a year.
Chris Obore. Joseph Sabiti. Mildred Tuhaise. Sadab Kitatta. Raymond Mujuni. Benson Ongom. Alex Bukumunhe. Sheila Nduhukire. Ali Mivule. Herbert Zziwa. Francis Jjingo. Mariam Nalunkuuma. Faridah Kulabako. Sam Paul Nakhaima. Zahara Namuli. Emmaneul Ainebyoona.
What do all the above have in common? Well, they left the media for government jobs (which is not a crime).
But why, given their PASSION for telling good stories, did they eventually buckle and join agencies which they were critical of? Poor pay? School fees pressure? No room for career growth? An annoying supervisor? Read our well-researched story (which was done PASSIONATELY by yours truly), and tell me what you think. The story STRICTLY FOCUSES on those who joined public institutions, not private ones like NGOs. @BbegMedia
https://t.co/7yuQRhMfOa
📌📌These pastors will get to know that our parents are the last generation to buy them cars
📌📌Thanks for exposing those Charlatans
Faith Heist
Holy Hustlers
Discovering that George is expecting a baby with a 29-year-old woman, Mary and George freak out over the sudden news and the dramatic realization that they are going to become grandparents. Young Sheldon🎬