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 …
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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 …
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Kampala, Uganda | THE INDEPENDENT | 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 …
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Dar es Salaam, Tanzania | Xinhua | 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 …
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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 …
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Bamako, Mali | AFP | 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 …
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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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VIDEO: BOU Governor warns against capping of interest rates Kampala, Uganda | NTV UGANDA | Bankers and Business captains attending the annual bankers conference held at the Kampala Serena conference center on Wednesday July 19, 2017, observed that digital financial services possess the silver bullet that has the potential to unlock …
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By Julius Businge The Governor of the Central Bank of Uganda, Prof. Emmanuel Tumusiime Mutebile has today (Jan. 3) announced that they will maintain the policy lending rate-the Central Bank Rate (CBR) at 11.5%, the same as that of December last year after inflationary pressures continued to abate in December, …
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By Andrew M. Mwenda President should not jump from one arbitrary position to another in service of popular sentiment Since The Independent broke the story of businessman Hassan Basajabalaba’s Shs 169 billion “compensation” last year, two ministers have resigned and three members of staff at State House have been fired. …
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The Independent Uganda: You get the Truth we Pay the Price