Politics

Speedup Appointment Of New BoU Guvnor — FDC Tells M7

1 Mins read

Forum for Democratic Change (FDC) has advised president Museveni that it’s time to fill the position of Governor Bank of Uganda, adding that the vacant position has created a negative impact to growth of country’s economy.

The Bank of Uganda Governor, Prof Emmanuel Tumusiime-Mutebile, died on January 23 and the position he occupied for two decades also fell vacant.

The governor is the Chief Executive Officer and the chairman of the board of directors of the Bank of Uganda.

Under the Bank of Uganda (BOU) Act, the governor is appointed by the President in consultation with the Cabinet.

Recently, there has been ongoing discussions on who will be the 11th governor with names lined up for vetting in contention for the top job.

Speaking to the media in Kampala, FDC deputy secretary general, Harold Kaija said as a party they are worried because it is now getting to six months, and they have not heard about any search for the Governor.

“We advise those who are managing this country that it’s time to fill the position of Governor Bank of Uganda. Anybody who thinks above the economy is killing the monetary policy of the country,“ he said.

Kaija noted that it’s high time for Ugandans to ask for accountability and if they don’t do this, they are to be captives, slaves forever in their own country.

“We can’t go to the real middle-income status when hyenas who we gave our custody of the sheep are actually consuming the sheep. We are facing an economic crisis because those who are managing the economy don’t care about Ugandans, they are only solving their problems,” he said.

He said those in charge of the country, opted for big vehicles, and houses, their children are in international schools.

“Ours are in government schools whose teachers are demonstrating, they are only telling the teachers that they are betraying the country and intimidating to fire them,” he said.

He claimed that Ugandans are in this poverty because those who are managing the country are “thieves” who only think about themselves, and that’s the reason behind their thinking that Uganda is in the middle-income status.

Related posts
Politics

Zaake Rallies Youth Ahead of National Council Elections, Launch Set for June 7

1 Mins read
Mityana Municipality Member of Parliament Francis Zaake has called on young people across Uganda to actively participate in the upcoming National Youth…
NewsPolitics

NRM Taps into Creative Arts to Boost Grassroots Mobilisation

2 Mins read
In a bid to deepen its grassroots mobilisation strategy ahead of the 2026 general elections, the National Resistance Movement (NRM) has officially…
NewsPolitics

Youth Urged to Prioritize Community Impact Over Political Ambition

2 Mins read
Katikkiro of Buganda Charles Peter Mayiga has urged young Ugandans to engage in community service before venturing into politics, emphasizing that true…