Tag Archives: bank of uganda

Kampala, Uganda | THE INDEPENDENT | The Uganda Shilling continues its downward trend against the US dollar more than two months since its appreciation journey against the dollar was halted. It has since depreciated by more than 200 shillings. The official foreign exchange rate by the Bank of Uganda put the …

Kampala, Uganda | THE INDEPENDENT | The Bank of Uganda insists its not yet safe enough for the banking industry to start paying dividends to their shareholders, two years since this was suspended. Following the outbreak of COVID-19 in 2020, the banking industry was given guidelines to survive the pandemic, and …

Kabarole, Uganda | THE INDEPENDENT | The burial of the former governor Bank of Uganda, Gideon Nkojo has been set for next month. Nkojo died in November 2020 in Virginia, USA after being ill. Family members immediately started arranging for the return of the body back home to its resting place …

Kampala, Uganda | THE INDEPENDENT | Stanbic Bank Uganda has taken bold steps to support parents, teachers and schools as learners settle in class after nearly two years of education sector closure. Speaking at a recent virtual forum titled ‘Bank of Uganda address on credit relief measures for school loans’ organized …

Kampala, Uganda | THE INDEPENDENT | The demise of Prof. Emmanuel Mutebile Tumusiime, the late Governor of Bank of Uganda doesn’t affect banknotes bearing his signature, the central bank has clarified. “The change of the office bearer or the demise of the person who signed banknotes as Governor does not in …

Kampala, Uganda | THE INDEPENDENT | Stanbic Bank Uganda is planting 72 fruit trees at its tier one branches across the country in honour of the fallen Bank of Uganda Governor, Prof. Emmanuel Tumusiime-Mutebile who died at 72 years of age. Anne Juuko, the Chief Executive of Stanbic Bank Uganda planted …

Kampala, Uganda | THE INDEPENDENT | Members of Parliament have extoled the late Prof. Emmanuel Tumusiime Mutebile for what they termed as an immeasurable dedication to the growth of the economy of Uganda. The Prime Minister, Robinah Nabbanja, presented to a Parliament a Motion to eulogize Mutebile, who served as the …

Kampala, Uganda | THE INDEPENDENT | The High Court in Kampala has dismissed with costs an application by five Post bank officials challenging their suspension without a fair hearing. They are Stephen Mukweli, the Managing Director, Safina Wabuna Nakiyemba, the Executive Director for Information and Communication Technology, David Mwesige, the head …

THE LAST WORD | ANDREW M MWENDA | 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 for several years. While Mutebile’s body has died, his deeds will continue …

Kampala, Uganda | THE INDEPENDENT | There is no doubt that the fallen Bank of Uganda Governor Emmanuel Tumusiime Mutebile was an iconic figure, having spent at least 30-years as a top economic and financial technocrat of the government of Uganda. For this, his replacement is poised to raise interest and excitement …