SHARING IS CARING By Spy Uganda There was drama on Sunday morning at Namirembe Cathedral in Kampala during the enthronement of Archbishop Dr. Stephen Kazimba Mugalu, when former Bank of Uganda deputy governor Dr. Louis Kasekende aka Alibaba was bounced from the VIP section of the church! The communication signed by Mr Kahoza […] Wealth Declaration Form Showing Louis Kasekende’s … Dr. Michael Atingi-Ego on Monday assumed his role as the deputy governor of Bank of Uganda (BoU), the central bank announced in a statement. Our news in your inbox. 2010 to date: Deputy Governor BoU. Dr Kasekende has for long been expecting to replace aging Governor Prof Emmanuel Mutebile but from the looks of things, his dreams are slowly vanishing after President Yoweri Museveni went silent on the matter of renewal of his contract … Dr Louis Kasekende has finally given up the Deputy Governor position at Bank of Uganda. Kampala, Uganda | THE INDEPENDENT | President Yoweri Museveni has appointed John Musinguzi Rujoki as new Uganda Revenue Authority Commissioner General and named Dr Michael Atingo-Ego Bank of Uganda deputy governor. Katuntu said that there is a need to go back to some of the recommendations made on BoU after the probe on illegally closing of commercial banks. He started his career at BoU in August 1984, rising through the ranks to become the Executive Director, Research. Now, MPs note that the absence of a substantive Deputy … The contract of the deputy governor Bank of Uganda, Dr Louis Kasekende has 13 days to expire. However, it’s until when they closed Crane Bank which they had for years, credited before the public as the best bank. Uganda's First online News Paper. Sunday, 29th March 2020 becomes a Sunday like no other as the President of the Republic of Uganda through his social media platforms appointed Mr John Musinguzi Rujoki as … 2006-2009: African Development Bank (AfDB), in Tunisia. Even when he had explained to the family that he bought the house from African Development Bank terminal benefits, the same is unexplainable to public members who believe, its BOU exploits that fished it in. Parliament has approved the appointment of Dr Michael Atingi-Ego as the Deputy Governor of Bank of Uganda. David Bahati, noting that not so long ago the Bank was under investigation for erroneously shutting down commercial banks in the country, a drama that played out in broad daylight probe which exposed bank chiefs as incompetent and fraudsters. The Bank of Uganda is in charge of monetary policy. In June last year, Members of Parliament raised concerns over the incessant scandals plaguing the country’s Central Bank following the recent mishap in which a consignment of printed currency flown into the country included extra cargo not on the bank’s documentation. Pursuant to Article 161 of the Constitution of the Republic of Uganda, and the Rules of Procedure of the Parliament of Uganda… Although appointed to fulfil the duties of the Office of the Deputy Governor, Dr. Adam Mugume is technically not an Acting Deputy Governor as the president is the only constitutional authority that appoints the Governor and his deputy. Positions held at Bank of Uganda: Director of Research, Executive Director of Research and Policy and Deputy Governor. The investigations revealed a lot of mess especially in the administration and monitoring departments. Kampala – President Museveni, on Sunday, March 28, nominated Dr. Michael Atingi-Edo as incoming Deputy Governor of Bank of Uganda forwarding his credentials for vetting by Parliament, RedPepper Digital‘s Maurice Muhwezi shares The announcement was made through President Museveni’s official Twitter account acknowledging the development with immediate … This report was based on exclusive information that the appointing authority had not only shown little or no interest in renewing his term, but the man himself had also kowtowed to family pressure to save their image from negative public references. “The country needs an explanation on the efforts being … The scandal led to State House‘s anti corruption Czar Edith Nakalema move to arrest several bank officers, although their supervisors weren’t booked. Tororo Cement Staff and human trafficking case key witness, suspect dies ‘mysteriously’, Business Woman and Royalist Nabukalu Hamidah Still Missing, Maria’s Dirty Linen: Unbearable agony as X-minister Maria Kiwanuka uses husband’s vegetative state to swindle family property, The Mohan Family Tales: Tycoon Mohan Kiwanuka finally speaks out about his family empire turbulence, writes to Son, In Kaka’s Horror Grip: Exclusive details why President Museveni invited Ronald Mayinja to perform for him at Kololo, Civil Rights Activist Pens Down an Open Letter to Gen Kayihura Every Uganda Should Read, FDC arrested youth sent to Nagalama Police Station, Homo Terror: Young Fine Art Trainer goes missing after being accused of Homosexual Assualt by his Trainees. The Independent can exclusively report that Mutebile’s replacement is likely to be a totally unexpected choice.. He currently serves as Deputy Director, International Monetary Fund, Africa Department. Deputy Governor, Dr Adam Mugume Dr Adam Mugume, one of Ugandans finest economists, has been designated to temporarily perform the functions of Deputy Governor Bank of Uganda. Tag: Deputy Governor Bank of Uganda. The Deputy Governor Bank of Uganda, Louis Kasekende has written to the Chairperson of the committee on Commission of Statutory Authorities and State Enterprises (COSASE) about the documents concerning his wealth. MEFMI is a multinational capacity building institute based in Harare, Zimbabwe. Adam Mugume has been appointed Acting Deputy Governor Bank of Uganda, watchdoguganda.com has learnt. Dr Louis Kasekende, who was the Deputy Governor Bank of Uganda, has handed over his office Monday, after the expiry of his contract and refusal by President Yoweri Museveni to renew the same. Atingo-Ego will replace Louis Kasekende whose contract was not renewed when it expired recently. Frank Tumwebaze graces PRAU Governing Council Handover Ceremony, It was Blankets and Pineapple Waragi as SA’s Distruction Boys entertain Kampala, To Connect the Unconnected with Innovations towards Inclusive Growth, Fresh Dairy donates classroom desks to Kirinya Catholic Primary School, Can’t we live in Harmony with King of the Jungle? New Commissioner and Deputy Governor. And is said to be planning to replace his long-serving Governor, Emmanuel Tumusiime Mutebile (ETM) and his deputy Dr Loius Kasekende. ChimpReports understands the decision was taken by the board of directors which sat in Kampala this Friday. Musinguzi has been presidential advisor on ICT and investment and board chairman of the National Information Technology Authority (NITA). KAMPALA, Uganda: Beleaguered Bank of Uganda Deputy Governor Dr. Louise Kasekende has this afternoon bowed out of the Kampala Road premised Central Bank upon stealthily handing over office and official items to his boss, Prof. Emmanuel Tumusiime Mutebile. Thereafter, it was Justice Jane Francis Abodo for the position of Director of Public Prosecutions and Dr Johnson Byabashaija for the position of Commissioner General, Uganda Prisons Service. Kampala, Uganda | HAGGAI MATSIKO | President Yoweri Museveni is looking to replace his long-serving Bank of Uganda Governor, Emmanuel Tumusiime Mutebile. title of the presentation, … Kasekende is leaving the Central Bank a haunted man. The position fell vacant about three months ago after Dr. Louis Kasekende’s contract ended. Dr Kasekende had served in said position for 10 years. Dr. Michael Atingi-Ego yesterday assumed his role as the deputy governor of Bank of Uganda (BoU), the central bank announced in a statement. Nakaloke health centre three in Mbale has a new face after bank of Uganda handed over a newly refurbished facility, two years after rehabilitation works on the health center commenced. Dr Louis Kasekende has finally given up the Deputy Governor position at Bank of Uganda. Governor The future of central banks and their role in economies must look beyond policy and embed a more direct social economic role. The current governor is Emmanuel Tumusiime-Mutebile, who was first appointed to this position on 1 January 2001, and was re-appointed for a second five-year term on 1 January 2006. Do you have a story in your community or an opinion to share with us: Email us at, Police to install CCTV cameras in over 2,319 hot spots across Uganda. “And therefore, from January 13th 2020, you should find me at Buloba and not Kololo,” a family source had quoted Kasekende as having announced his move. Kampala, Uganda | URN | Members of Parliament are concerned about the delayed appointed of Deputy Governor Bank of Uganda (BoU), saying it will cripple the work of the institution. The contract of the Deputy BoU Governor, Dr. Louis Kasekende expired on January 15th, 2020. Kasekende told family that he was retiring into farming. “Things like the Governor being the Board Chairman has to be changed; it means that he reports to himself and dictates how things should be run without being questioned,” Katuntu added. KAMPALA – President Museveni has appointed Dr Michael Atingi-Ego the new deputy governor of Bank of Uganda, replacing Dr Louis Kasekende whose contract ran out in January this year. I have a strong affiliation with Bank of Uganda. But this was a bounce back as he had served in the same capacity from 1999 to 2002. A special meeting of the central bank appointed Dr Adam Mugume as Acting Deputy Governor of Bank of Uganda (BoU), ending three months of a vacuum left by Dr Louis Kasekende whose contract had expired. In exercise of the duties and powers of the Board under Section 10 of the Bank of Uganda Act (Chapter 51), the Board Members of the Bank of Uganda, at a Special Meeting held on 27th March 2020, unanimously resolved to designate Dr. Adam Mugume to perform the executive functions of the Office of the Deputy Governor until a substantive Deputy Governor is appointed. Join to Connect Bank of Uganda. Sources have intimated to PML Daily that the Governor’s poor health forced President Museveni to appoint Dr Michael Atingi-Ego the new deputy governor of Bank of Uganda, replacing Dr Louis Kasekende whose contract ran out in January this year. He replaced Dr. Louis Kasekende. 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