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Bank Of Uganda
The Bank of Uganda ( sw, Benki Kuu ya Uganda) is the central bank of Uganda. Established in 1966, by Act of Parliament, the bank is wholly owned by the government but is not a government department. History In 1979 and again in 1987, the Bank of Uganda managed to maintain an exchange rate of USh to US$1. Starting in 1987, the IMF backed the development of the Bank of Uganda, and completed its first stage of recapitalizing the central bank in 1997. At the AFI Global Policy Forum held in Riviera Maya in Mexico in 2011, the Bank of Uganda was one of the original 17 regulatory institutions to make specific national commitments to financial inclusion under The Maya Declaration. In June 2019, 7 directors of the bank were fired after accusations of printing their own money bills. Organization The board of directors of the Bank of Uganda is the bank's supreme policy making body. It is chaired by the governor or, in his or her absence, by the deputy governor. The duties a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
State Ownership
State ownership, also called government ownership and public ownership, is the ownership of an industry, asset, or enterprise by the state or a public body representing a community, as opposed to an individual or private party. Public ownership specifically refers to industries selling goods and services to consumers and differs from public goods and government services financed out of a government's general budget. Public ownership can take place at the national, regional, local, or municipal levels of government; or can refer to non-governmental public ownership vested in autonomous public enterprises. Public ownership is one of the three major forms of property ownership, differentiated from private, collective/cooperative, and common ownership. In market-based economies, state-owned assets are often managed and operated as joint-stock corporations with a government owning all or a controlling stake of the company's shares. This form is often referred to as a stat ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Emmanuel Tumusiime-Mutebile
Emmanuel Tumusiime-Mutebile (27 January 1949 – 23 January 2022) was a Ugandan economist and banker. He served as the governor of the Bank of Uganda, the central bank of Uganda from 2001 until his death on 23 January 2022. Life and career Tumusiime-Mutebile attended Kigezi College Butobere for his O-Level studies (grades S1-S4). He then attended Makerere College School in Kampala, Uganda, for his A-Level studies (grades S5-S6). In 1970, he entered Makerere University, where he was elected president of the university Students' Guild. He was forced to flee Uganda in 1972 after he gave a speech publicly criticizing the expulsion of Asians from the country by Idi Amin. He fled to England via Tanzania, and was able to finish his studies at Durham University, graduating with an upper-second in Economics and Politics. In October 1974, he began his post-graduate studies at Balliol College, Oxford, before returning to East Africa. He entered the University of Dar es Salaam to lect ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banking In Uganda
Before Uganda's independence in 1962, the main banks in Uganda were Barclays (UK based); Grindlays (also UK), Standard Bank (South Africa based) and the Bank of Baroda from India. The currency was issued by the East African Currency Board, a London-based body. In 1966, the Bank of Uganda (BoU), which controlled the issue of currency and managed foreign exchange reserves, became the central bank and national banking regulator. The government-owned Uganda Commercial Bank and the Uganda Development Bank were launched in the 1960s. The Uganda Development bank was a state-owned development finance institution, which channeled loans from international sources into Ugandan enterprises and administered most of the development loans made to Uganda. The East African Development Bank (EADB), established in 1967, was jointly owned by Uganda, Kenya, and Tanzania. It was also concerned with development finance. It survived the breakup of the East African Community in 1977 and received a new ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
List Of Banks In Uganda
This is a list of commercial banks in Uganda # ABC Bank Uganda Limited # Absa Bank Uganda Limited # Bank of Africa Uganda Limited # Bank of Baroda Uganda Limited # Bank of India Uganda Limited # Cairo Bank Uganda # Centenary Bank # Citibank Uganda # DFCU Bank # Diamond Trust Bank # Ecobank Uganda # Equity Bank Uganda Limited # Exim Bank (Uganda) # Finance Trust Bank # Guaranty Trust Bank # Housing Finance Bank # I&M Bank Uganda # KCB Bank Uganda Limited # NCBA Bank Uganda # Opportunity Bank Uganda Limited # PostBank Uganda # Stanbic Bank Uganda Limited # Standard Chartered Uganda # Tropical Bank # United Bank for Africa See also *Banking in Uganda * List of Microfinance Deposit-taking Institutions in Uganda * List of licensed credit institutions in Uganda References External links Kenyan Banks In Major Ugandan Expansion [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lira
Lira is the name of several currency units. It is the current currency of Turkey and also the local name of the currencies of Lebanon and of Syria. It is also the name of several former currencies, including those of Italy, Malta and Israel. The term originates from the value of a Roman pound ( la, libra, about 329g, 10.58 troy ounces) of high purity silver. The libra was the basis of the monetary system of the Roman Empire. When Europe resumed a monetary system, during the Carolingian Empire, the Roman system was adopted. The Roman denominations ''librae'', ''solidi'', ''denarii'' were used (becoming known in England as £sd). Particularly this system was kept during the Middle Ages and Modern Age in England, France, and Italy. In each of these countries the ''libra'' was translated into local language: pound in England, livre in France, ''lira'' in Italy. The Venetian lira was one of the currencies in use in Italy and due to the economic power of the Venetian Repub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mbarara
Mbarara City is a city in the Western Region of Uganda and the second largest city in Uganda after Kampala. The city is divided into 6 boroughs of Kakoba Division, Kamukuzi Division, Nyamitanga Division, Biharwe Division, Kakiika Division, Nyakayojo Division. It is the main commercial centre of most of south western districts of Uganda and the site of the district headquarters. In May 2019, the Uganda's cabinet granted Mbarara a city status, which started on 1 July 2020. Location Mbarara is an important transport hub, lying west of Masaka on the road to Kabale, near Lake Mburo National Park. This is about , by road, southwest of Kampala, Uganda's capital and oldest city. The coordinates of the Mbarara central business district are 00 36 48S, 30 39 30E (Latitude:-0.6132; Longitude:30.6582). The city lies at an average elevation at about above sea level. City Wards The city has a total of 23 wards spread across 6 divisions and 2 constituencies Population In 2002, the nati ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mbale
Mbale is a city in the Eastern Region of Uganda. It is the main municipal, administrative, and commercial center of Mbale District and the surrounding sub-region. Location Mbale is approximately , by road, northeast of Kampala, Uganda's capital and oldest city, on an all weather tarmac highway. The city lies at an average elevation of above sea level. The coordinates of the city are 1°04'50.0"N, 34°10'30.0"E (Latitude:1.080556; Longitude:34.175000). The city also lies on the railway from Tororo to Pakwach. Mount Elgon, one of the highest peaks in East Africa, is approximately , north-east of Mbale, by road. Population According to the 2002 national census, the population of Mbale was about 71,130. In 2010, the Uganda Bureau of Statistics (UBOS) estimated the population at 81,900. In 2011, UBOS estimated the mid-year population at 91,800. In 2014, the national population census put the population at 96,189. Twinning Mbale was formally linked with the town of , Wales throug ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Masaka
Masaka is a city in the Buganda Region of Uganda, west of Lake Victoria. The city is the headquarters of Masaka District. Location Masaka is approximately to the south-west of Kampala on the highway to Mbarara. The city is close to the Equator. The coordinates of Masaka are 0°20'28.0"S, 31°44'10.0"E (Latitude:-0.341111; Longitude:31.736111). Masaka lies at an average elevation of above sea level. History Masaka was founded as a township in 1953. It became a town council in 1958 and a municipality in 1968. Masaka was a strategically important location during the Uganda–Tanzania War (1978–79), and was accordingly garrisoned by Uganda Army troops. These soldiers terrorized the local civilians, and most fled the town. On 23–24 February 1979, the Tanzania People's Defence Force and allied Ugandan rebels attacked the settlement, resulting in the Battle of Masaka. The town was bombarded with artillery, and fell to the Tanzanian-led forces after light resistance. The Tanz ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Daily Monitor
The ''Daily Monitor'' is a Ugandan independent daily newspaper. Its name is shared by the ''Saturday Monitor'' and ''Sunday Monitor'', which are also published by Monitor Publications Limited. ''Daily Monitor'' averaged a daily circulation of 24,230 newspapers in September 2011. By the fourth quarter of 2019, that figure had dropped to 16,169 copies daily. Location The headquarters of the ''Daily Monitor'' and the Daily Monitor Publications, as well as the printing press of the newspaper, are located at 29-35 8th Street (Namuwongo Road) in the Industrial Area of Kampala, Uganda's capital and largest city. Overview The newspaper was established in 1992 as ''The Monitor'', and relaunched as the ''Daily Monitor'' in June 2005. The paper asserts that its private ownership guarantees the independence of its editors and journalists. The newspaper headquarters are housed in the same building that houses the other investments owned by Monitor Publications Limited, including ''Daily Moni ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kabale
Kabale is a town in the Western Region of Uganda. It is the chief town of Kabale District, and the district headquarters are located there. Sometimes nicknamed “Kastone” as in the local language Rukiga, a “kabale” is a small stone. Location Kabale is located in the Kabale District of the Kigezi sub-region. It is about , by road, southwest of Mbarara, the largest city in the Western Region of Uganda. This is approximately , by road, southwest of Kampala, Uganda's capital and largest city. The town lies above sea level. The coordinates of Kabale are: 01 15 00S, 29 59 24E (Latitude:-1.2500; 29.9900). Population In 1969, the national census that year enumerated 8,234 people in Kabale Town. According to the national census of 1980, that population had grown to 21,469. In 1991, the census hat year enumerated 29,246 inhabitants. In the 2002 national census, Kabale had 41,344 residents. The 2014 national census and household survey enumerated 49,186 people. In 2020, the Ugand ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Jinja, Uganda
Jinja is a city in the Eastern Region of Uganda, located on the North shores of Lake Victoria. Location Jinja is in Jinja District, Busoga sub-region, in the Eastern Region of Uganda. It is approximately , by road, east of Kampala, the capital and largest city of Uganda. It sits along the northern shores of Lake Victoria, near the source of the White Nile. The city sits at an average elevation of above sea level. History The city was founded in 1901 by British settlers. It was planned under colonial rule in 1948 by Ernst May, German architect and urban planner. May also designed the urban planning scheme for Kampala, creating what he called "neighborhood units." Estates were built for the ruling elite in many parts outside the center city. This led to the area's 'slum clearance' which displaced more than 1,000 residents in the 1950s. In 1954, the construction of the Owen Falls Dam submerged the Ripon Falls. Most of the "Flat Rocks" that gave the area its name disappeared ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gulu
Gulu is a city in the Northern Region of Uganda. It is the commercial and administrative centre of Gulu District. The coordinates of the city of Gulu are 2°46'54.0"N 32°17'57.0"E. The distance from Gulu to Kampala, Uganda's capital and largest city, is approximately by road. Gulu is served by Gulu Airport. History During the British Bagool rule in the 18th and 19th centuries, northern Uganda was less developed compared to the rest of the country. The people were conscripted into the army and the police. Many were sent to fight in the first and second World Wars. In the 1960s, many Sudanese, Rwandese, and Congolese refugees settled in the city. The Lord's Resistance Army (LRA) under the leadership of Joseph Kony sprang up in the 1990s after Auma/Lakwena went to Kenya. The LRA became increasingly violent in Gulu and surrounding communities. Up to 15,000 children, known as "night commuters", were fleeing into the city for safety every evening. In 1996, the Ugandan govern ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
