Uganda

Uganda's Tumusiime-Mutebile: more aid needed

Multilateral institutions could assist African economies by providing balance of payments support as well as structural adjustment loans for countries dependent on primary commodity exports, said Emmanuel Tumusiime-Mutebile, the governor of the Bank of…

Opiokello on Uganda and Basel II

David Opiokello, the deputy governor of the Bank of Uganda, said "The key element that countries should consider before moving on to Basel II is whether a good baseline supervisory system is in place," in a speech delivered on 3 July in Kampala.

Annual report - Bank of Uganda

The main challenge for the Bank of Uganda's monetary policy in 2005-06 was related to shocks associated with the prolonged drought, which adversely affected agricultural production and pushed up food crops inflation.

Uganda's Opiokello on risk management

In the speech 'Business continuity and risk management regional workshop in Uganda' given on 5 February David Opiokello of the Bank of Uganda said regional efforts towards a common monetary and political union of the countries in the region continue.

Tumusiime-Mutebile on African central banks

In the speech 'Business continuity and risk management in African central banks' given on 9 February Emmanuel Tumusiime-Mutebile of the Bank of Uganda said the three central banks in East Africa have spent a significant amount of resources to lay the…

Uganda cb optimistic on 2007 growth

The central bank of Uganda is positive about the projected 6% gross domestic product (GDP) growth is within reach next year The New Vision website reported Wednesday 13 December.

Bank of Uganda to manage oil revenues

According to this article published by The East African on Monday 7 August, Uganda is finalising the setting up of a Petroleum Fund to manage revenues expected from recently-discovered oil fields in the country.

Comment: Small steps or big bang?

A recent collection of papers published by the Bank for International Settlement (BIS) adopts a cautious line in advocating inflation targeting for poor African countries, which may lack the "preconditions" for the regime.

Tumusiime-Mutebile on central banking in E Africa

In the speech 'The way ahead for central banking in East Africa' given on 3 July Emmanuel Tumusiime-Mutebile of the Bank of Uganda said though the rationale for the central banking course is as noble today as it was at its inception, the concerns are…

Comment: Uganda eyes inflation target

The Bank of Uganda will implement an inflation-targetting framework in the near future, the governor of the central bank, Emmanuel Tumusiime-Mutebile, told CentralBankNews.com. Only a lack of adequate and timely data is holding it back.

Central bank carries out management changes

This article published Sunday 14 May looks at recent management changes that have taken place at the Bank of Uganda (BOU). It quotes the BOU's spokesman as saying that the changes will help the bank meet demands and changes in the financial and monetary…

Bank of Uganda - Annual Report 2003-2004

In 2003/04 the economy registered a growth rate of 5.8 percent in real terms compared to 4.9 percent in the previous financial year, according to the Bank of Uganda's Annual Report 2003-2004.

Comment: Ugandan banking takes off

A recent IMF working paper documents the vast improvements in the Ugandan banking sector in recent years, arguing that the extension of the central bank's regulatory capacity and the withdrawal of state control have resulted in efficiency gains.

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