Bank of Uganda

March 11 – March 18, 2022: Weekly financial markets review and outlook with Stephen Kaboyo

by CEO ReporterFinanceIndustry & AnalysisMarch 18, 2022March 18, 2022

The local currency recovered from previous week’s losses amid a slow down in appetite for dollars . On the supply side, inflows from coffee and other commodity traders helped in…

March 4 – March 11, 2022: Weekly financial markets review and outlook with Stephen Kaboyo

by CEO ReporterFinanceIndustry & AnalysisMarch 11, 2022March 11, 2022

The Uganda shilling surrendered some ground, undercut by a surge in dollar demand from offshore buyers, oil and merchandise importers. The local unit traded just above the 3600 key level…

Supreme Court permanently dismisses Bank of Uganda’s case against Dr. Sudhir Ruparelia

by Muhereza KyamuteteraCommercial JusticeNews & AnalysisThe Big StoryFebruary 11, 2022February 11, 2022

Five Justices of the Supreme Court have today unanimously delivered the last stroke that has broken the back of Bank of Uganda’s 5-year failed attempt to sue billionaire businessman, Dr…

January 28 – February 4, 2022: Weekly financial markets review and outlook with Stephen Kaboyo

by CEO ReporterFinanceIndustry & AnalysisFebruary 4, 2022February 4, 2022

The Uganda shilling rallied to its highest level in months trading below the key level of 3500 following the announcement of the Final Investment Decision by the international oil companies…

All banknotes signed by Late Mutebile still legal tender – BoU

by CEO ReporterFinanceNews & AnalysisFebruary 3, 2022February 3, 2022

Bank of Uganda (BoU) has dismissed the false information circulating on different media platforms claiming that the banknotes bearing the signature of the Late Prof. Emmanuel Tumusiime-Mutebile, the former Governor,…

January 21 – January 28, 2022: Weekly financial markets review and outlook with Stephen Kaboyo

by CEO ReporterFinanceIndustry & AnalysisJanuary 28, 2022January 28, 2022

The Uganda shilling perched on the stable side supported by corporate and interbank market activity and held broadly in the range of 3515/25. In the bond market, investors continued to…

His legacy will forever be cherished! Regional Central Banks mourn fallen BOU boss Mutebile

by CEO ReporterNews & AnalysisJanuary 26, 2022January 26, 2022

Central Banks in the East African Community have eulogised the fallen Bank of Uganda Governor, Prof. Emmanuel Tumusiime-Mutebile, who died in the wee hours of Sunday last week at Aghakhan…

ANDREW MWENDA: Mutebile, the passing of a legend

by CEO ReporterThought LeadershipJanuary 26, 2022January 26, 2022

At exactly 5.30am on Sunday morning January 23rd 2022, the governor of the Bank of Uganda, Emmanuel Tumusiime-Mutebile, breathed his last in a Nairobi hospital. He had been battling illness…

“A gentle giant with a brilliant mind and incredible foresight”- Patrick Bitature eulogises Prof. Mutebile

by Patrick BitatureThe Big StoryJanuary 24, 2022January 24, 2022

‘Profoundness’ is not an everyday word in our vocabulary. It comes to mind because I flew to Nairobi last week purposely to visit a special friend at the Nairobi hospital,…

The life and Times of Mutebile (1949 – 2022)

by CEO ReporterNews & AnalysisJanuary 23, 2022January 23, 2022

Emmanuel Kirenga Baryabota Tumusiime Mutebile was born on 27th January 1949 Education background After attending Primary School at Kigezi High School and Secondary School at Kigezi College Butobere and Makerere…