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MPs vet Mutebile for another 5-year term Saturday March 13 2021 Bank of Uganda Governor, Mr Emmanuel Tumusiime Mutebile. He said central bank is concerned with the increase in government indebtedness. Photo by David Lubowa. Summary The governor has navigated a stormy period that the central bank has endured in the recent years. The year 2019 was particularly hard for BoU, with the sensitive institution plagued by bad publicity amid multiplicity of accusations. Advertisement Bank of Uganda (BoU) Governor Emmanuel Tumusiime-Mutebile was yesterday quietly led before the Appointments Committee of Parliament for vetting ahead of starting another five-year term in office following reappointment by President Museveni last month. ....
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. Advertisement 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. ....