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…
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…
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…
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…
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,…
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…
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…
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…
‘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,…
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…
