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EA business call for lower money transfer charges

The report is concerned that not all EAC states are using the payment system, making it difficult for their citizens to send money within the region ....

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EA businesses call for lower money transfer charges, forex commission

Private sector wants Finance ministries to harmonise legal procedures to facilitate remittances and cut currency exchange fees. ....

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Museveni extends Mutebile's contact by five years

Mr Mutebile’s contract is said to have been extended on the eve of the Election Day last Wednesday ....

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Museveni extends Mutebile's contract by five years

Daily Monitor
Monday January 18 2021
Summary
Mutebile, 71, has been at the helm of Bank of Uganda since 2001. The new term makes him one of the longest servicing governors of the Central Bank.
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President Museveni has extended Mr Emmanuel Mutebile’s contract as Bank of Uganda governor for another five years.
Mr Mutebile’s contract is said to have been extended on the eve of Election Day last Wednesday.
Sources within Bank of Uganda, who preferred anonymity because they are not allowed to comment on the matter on behalf of BoU, told
Daily Monitor the contract had been renewed on Wednesday but details were not communicated because of Internet shutdown in Uganda. ....

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