Uganda
New law will allow Islamic banks – Uganda governor
Bank of Uganda’s Emmanuel Tumusiime-Mutebile says the financial institution act will be amended to allow Islamic banking
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…
Bank of Uganda - Annual Report 2007
In 2007 Uganda's economy faced strong exogenous inflationary pressures, notes the latest Annual Report from the Bank of Uganda.
Uganda's finance sector strong - Mutebile
Uganda's financial system is robust, healthy and its exposure to the crisis-related credit is very limited, said Emmanuel Mutebile, the governor of the Bank of Uganda.
US downturn's impact limited in East Africa
An economic slowdown in the United States would have ramifications for East Africa but many factors can limit its impact, says Emmanuel Tumusiime Mutebile, the governor of the Bank of Uganda.
Ugandan governor plans for integrated east African
Emmanuel Tumusiime-Mutebile, the governor of the Bank of Uganda, said that stability in the financial and foreign exchange markets is needed for east African states to successfully integrate their financial markets.
Basel II needs risk culture to work - Kenyan chief
Njuguna Ndung'u, the governor of the Central Bank of Kenya, said that east African commercial banks need to adopt sound risk management practices before the region's central banks can implement the Basel II accord.
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 central bank redesigns website
The central bank of Uganda has launched a redesigned user-friendly website with updated information on key financial indicators at a cost of $49,000.
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 - Annual Report 2004-2005
According to the Bank of Uganda's Annual Report 2004-2005, annual underlying inflation averaged 4.7 percent over the year 2004/05, well within the government's 5.0 percent target.
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.
How long can BoU reserves go without aid?
This article published on Wednesday 11 January asks how big are the Bank of Uganda's reserves? And how far can the country run until the financial tank shows 'empty?'
Bank of Uganda signs foreign reserve software deal
The Bank of Uganda has become the third African central bank to adopt a financial technology solution from Trema, the company announced recently.
Uganda upgrades foreign reserve management
The Bank of Uganda (BOU) plans to upgrade its foreign reserve management operations by installing a software system worth one million US dollars.