"Chairman, a country without reserves is not sovereign. The potential of this Bill to destabilize Ugandaโs balance of payments is our primary concern as a central bank. For example, last financial year the overall balance of payment surplus was USD 1.5 billion. Thatโs how we were able to increase our reserve coverage by USD 1.5 billion. Today as we speak our reserves are close to USD 6 billion. Why? Because these inflows have been coming in. The moment you tamper with these inflows here, we risk running down our reserves, and that is economic disaster for a country.โ Governor Atingi-Ego on the Protection of Sovereignty Bill 2026 in an appearance before Parliament today.
A university degree is widely seen as a gateway to formal employment, but for many graduates, the job market remains tough. Mawejje Francis graduated in 2024 with a Bachelor's degree in International Relations and Humanities.
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I am incredibly pleased to announce the successful delivery of 6,000 coffee seedlings to the community of Kyarumba Sub-County yesterday Friday 25th September 2026.
Coffee is the backbone of our local economy in Bukonzo County East, and boosting its production remains one of my top priorities.
While this delivery is a step in the right direction, I am fully aware of the overwhelming demand on the ground. We are planning for further allocations to ensure that every farmer who missed out in this batch is reached and supported until we hit our 50,000 seedlings mark.