Uganda’s Central Bank Governor Emmanuel Tumusiime Mutebile has had a tumultuous few weeks, a role he seems to have swapped with the Uganda shilling — the local unit is now stabilising, but the reverse was true eight months ago when the Governor was rumoured to have resigned.
At a time when the Ugandan economy is pressed by inflationary and currency pressures, it needed no further shocks in the shape of uncertainty over the stewardship of the country’s Central Bank.
