Ugandan governor given fifth term following national election

Uncertainty surrounds timing of Mutebile’s return to office, as deputy steps in at latest MPC meeting

uganda

The governor of the Bank of Uganda has been reappointed by the president for a fifth term, extending his time in office for an additional five years.

In a note to Central Banking, the BoU confirms that Emmanuel Tumusiime Mutebile has been reappointed, but has not yet resumed office.

At the age of 71, Mutebile is the longest-serving governor of the central bank, having been first appointed in 2001. He has been a controversial figure in the country in recent years, as the central bank has been

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