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Tag Archives: mutebile

BOU: Fall in food prices lowers Uganda inflation

Bank of Uganda has reduced the Central bank Rate (CBR) to 16% to ease monetary policy for potential economic growth. BOU maintained the rediscount rate and bank rate at 20%and 21% respectively, the policy will also maintain the core inflation over the next quarters, so as to target 5% of the …

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Mutebile needs independence

By Enock Nyorekwa Twinoburyo His recent statements are same as swearing never to drink again on a hangover morning In recent days, the public has been awash with the recent Bank of Uganda (BoU) Governor’s public statement on being misled in 2011 election spending, subsequently leading for a record high …

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BoU sets November CBR to 12.5%

By Julius Businge The Bank of Uganda has reduced the central bank rate (CBR) to 12.5% in November from 13% in October with the aim to influence cuts in commercial bank lending rates and boost economic growth, central bank governor Emmanuel Tumusiime Mutebile told reporters in Kampala on Nov. 1. …

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