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TodaySaturday, April 25, 2026

Emmanuel Mutebile

Bank of Uganda Governor, Tumusiime Mutebile has today cut the Central Bank rate to a record low 8% and reiterated a raft of measures to bail-out liquidity stressed financial institutions. Banks have also been given headroom to restructure loans on a case-by-case basis

Bank of Uganda cuts CBR to a record lowest 8% over Covid-19

Bank of Uganda (BoU) has today, April 6th, 2020, in the April 2020 Monetary Policy Committee (MPC) meeting reduced the Central Bank Rate (CBR) by 1 percentage point to 8 percent. The
April 6, 2020
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Bank of Uganda faces scrutiny after cancelling the National Payments Switch tender, raising concerns over transparency, influence peddling, and procurement integrity. Allegations of favoritism and government interference spark debate on fair competition and financial sector governance in Uganda.

SINKHOLE? Of BoU’s UGX2 trillion losses and why MPs want the central bank’s excessive independence curbed

A number of Members of Parliament sitting on the Budget Committee are against Government’s recapitalisation of the Central Bank unless the central bank explores other monetary policy tools beyond the trading in
February 21, 2020

 

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