Analysts say new BoU boss has done well so far Kampala, Uganda | IAN KATUSIIME |Â After steering the Central Bank for two years in acting capacity since then Governor Emmanuel Tumusiime Mutebile passed on in January 2022, Michael Atingi-Ego has been receiving positive ratings in monetary policy circles. Michael Atingi-Ego …
Read More »21 killed in Ukrainian shelling attacks on Russia’s border city Belgorod: governor
MOSCOW/KIEV, UKRAINE | Xinhua | The Ukrainian shelling of the Russian border city of Belgorod has caused 21 deaths, including three children, and damage in 30 apartment buildings, Vyacheslav Gladkov, governor of the Belgorod region, said Sunday. “The number of dead has increased to 21 people, of whom three …
Read More »Nigerian president suspends central bank governor
Abuja, Nigeria | Xinhua |Â Nigerian President Bola Tinubu late Friday suspended Godwin Emefiele from the governorship of the country’s central bank, ahead of planned reforms in the financial sector. Emefiele served as governor of the Central Bank of Nigeria since June 2014. The move came following an investigation by the …
Read More »Attorney General petitioned over delayed appointment of BOU governor
Kampala, Uganda | THE INDEPENDENT | A concerned citizen has petitioned the Attorney General Kiryowa Kiwanuka to remind President Yoweri Museveni to appoint a substantive governor of the Bank of Uganda-BOU. Through his lawyers of Nalukoola Advocates and Solicitors, Hajji Yunus Ntale, reminds the state that the Governor’s office has for the last …
Read More »Museveni regrets sale of UCB as experts hail Mutebile legacy
Kampala, Uganda | THE INDEPENDENT |President Yoweri Kaguta Museveni has hailed the brilliance of the late Bank of Uganda Governor, Emmanuel Tumusiime Mutebile despite making him commit some mistakes. President Museveni said that in determining the best way forward to revive the fortunes of the economy in the early years …
Read More »Ssewungu queries delayed appointment of BOU governor
Kampala, Uganda | THE INDEPENDENT |Â Kalungu West Member of Parliament, Joseph Ssewungu has raised concern about the delayed appointment of the Central Bank Governor. Ssewungu raised the issue during the plenary sitting on Wednesday and recounted that for more than a year, the Central Bank has operated without a substantive …
Read More »Tanzanian president appoints new central bank governor
Dar es Salaam, Tanzania |Â Xinhua |Â Tanzanian President Samia Suluhu Hassan has appointed a new governor of the east African nation’s central bank, the presidency said in a statement late Saturday. The statement by the Directorate of Presidential Communications said President Hassan has appointed Emmanuel Tutuba as the new governor of …
Read More »Explosion hits Türkiye’s Istanbul, leaving casualties: governor
Istanbul, Turkey | Xinhua | An explosion hit Türkiye’s largest city Istanbul on Sunday, causing casualties, says Istanbul Governor Ali Yerlikaya. The explosion hit the busy pedestrian Istiklal avenue on the European side of the city at 4:20 p.m. local time (1320 GMT), said Yerlikaya on his Twitter account. “We have casualties …
Read More »Governor sacked after Mali massacre
Bamako, Mali | AFP |Â The Malian government on Wednesday sacked the governor of the central Mopti region following a village massacre in which 35 people died. Three days of national mourning would also be held “in homage to the victims of the terrorist attack perpetrated on June 10, 2019 against …
Read More »Museveni looks for new BoU governor
BOU GOV RACE: IMF’s Ating Ego, Kasekende, Muhakanizi, Kiiza in race Kampala, Uganda | HAGGAI MATSIKO | President Yoweri Museveni is looking to replace his long-serving Bank of Uganda Governor, Emmanuel Tumusiime Mutebile. The Independent can exclusively report that Mutebile’s replacement is likely to be a totally unexpected choice. Highly placed …
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